Sprint Jensen Alpha

Sprint Corporation -- USA Stock  

USD 5.39  0.04  0.75%

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Sprint Corporation has current Jensen Alpha of 0.131. 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.
Sprint 
Jensen Alpha 
 = 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
 = 
0.131
ER[a] =   Expected return on investing in Sprint
ER[b] =   Expected return on market index or selected benchmark
BETA =   Beta coefficient between Sprint and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Jensen Alpha Comparison

Sprint Corporation is rated fourth in jensen alpha category among related companies. It is rated third in maximum drawdown category among related companies reporting about  80.76  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Sprint Corporation is roughly  80.76 
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 Sprint to competition
Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint operates under Wireless Communications classification in USA and traded on New York Stock Exchange exchange. It employs 28000 people. more
NameSprint Corporation
CEO and President and DirectorMarcelo ClaureAll Leadership
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00101830.0
ISINUS85207U1051
CUSIP85207U105
Related EntityFON
CurrencyUSD - US Dollar