Alphabet Jensen Alpha

    Alphabet Inc -- USA Stock  

    USD 1,149  13.76  1.21%

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    Alphabet Inc has current Jensen Alpha of 0.2827. 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 free rate.
    Jensen Alpha 
    ER[a] - RFR * (1-BETA) 
    BETA * ER[b]) 
    ER[a] =   Expected return on investing in Alphabet
    ER[b] =   Expected return on market index or selected benchmark
    BETA =   Beta coefficient between Alphabet and the market
    RFR =   Risk Free Rate of return. Typically T-Bill Rate

    Jensen Alpha Comparison

    Alphabet Inc is rated # 3 in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  18.69  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Alphabet Inc is roughly  18.69 
    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.
    Compare Alphabet to competition
    Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Information Providers classification in USA and traded on NASDAQ exchange. It employs 80110 people. more
    NameAlphabet Inc
    CEOLarry PageView All
    Thematic Classifications
    Analyst Consensus
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock View All
    New SymbolGOOGL
    CurrencyUSD - US Dollar