| ZABA Stock | | | 25.10 0.10 0.40% |
Zagrebacka Banka technical analysis lookup allows you to check this and other technical indicators for Zagrebacka Banka dd 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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Zagrebacka Banka dd has current Jensen Alpha of 0.3668. 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]) |
| = | 0.3668 | |
| ER[a] | = | Expected return on investing in Zagrebacka Banka |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Zagrebacka Banka and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Zagrebacka Banka Jensen Alpha Peers Comparison
Zagrebacka Jensen Alpha Relative To Other Indicators
Zagrebacka Banka dd is rated
third in jensen alpha category among its peers. It is rated
first in sortino ratio category among its peers fabricating about
0.61 of Sortino Ratio per Jensen Alpha. The ratio of Jensen Alpha to Sortino Ratio for Zagrebacka Banka dd is roughly
1.65 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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