| VICO Stock | | | IDR 206.00 14.00 6.36% |
Victoria Investama jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Victoria Investama Tbk or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Victoria Investama Tbk has current Jensen Alpha of 0.3989. Jensen alpha is a measure of the returns that are attributable to the managers' ability to select security and time the market. In other words, it is the returns remaining after deducting what would have been attributable to beta returns (which do not require skill) and the risk-freerate.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.3989 | |
| ER[a] | = | Expected return on investing in Victoria Investama |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Victoria Investama and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Victoria Investama Jensen Alpha Peers Comparison
Victoria Jensen Alpha Relative To Other Indicators
Victoria Investama Tbk is rated
first in jensen alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
101.94 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Victoria Investama Tbk is roughly
101.94 Jensen alpha is the difference between the return of the portfolio, and what the portfolio should theoretically have earned. Any portfolio can be expected to earn the risk-free rate (RF), plus the market risk premium (which is given by [Beta x (Market Portfolio Return - Risk-Free Rate)]. Anything remaining over and above is alpha.
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