Jensen's alpha
id:
jensen-s-alpha-251-16117506
title:
Jensen's alpha
text:
In finance, Jensen's alpha is used to determine the abnormal return of a security or portfolio of securities over the theoretical expected return. It is a version of the standard alpha based on a theoretical performance instead of a market index. The security could be any asset, such as stocks, bonds, or derivatives. The theoretical return is predicted by a market model, most commonly the capital asset pricing model (CAPM). The market model uses statistical methods to predict the appropriate ris
brand slug:
wiki
category slug:
encyclopedia
description:
Financial calculation
original url:
https://en.wikipedia.org/wiki/Jensen%27s_alpha
date created:
date modified:
2023-08-10T23:10:56Z
main entity:
{"identifier":"Q6179901","url":"https://www.wikidata.org/entity/Q6179901"}
image:
fields total:
13
integrity:
14