| CPI Stock | | | 326,118 663.00 0.20% |
Capitec Bank technical analysis lookup allows you to check this and other technical indicators for Capitec Bank Holdings 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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Capitec Bank Holdings has current Jensen Alpha of 0.1412. 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]) |
| = | 0.1412 | |
| ER[a] | = | Expected return on investing in Capitec Bank |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Capitec Bank and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Capitec Bank Jensen Alpha Peers Comparison
Capitec Jensen Alpha Relative To Other Indicators
Capitec Bank Holdings is rated
third in jensen alpha category among its peers. It is currently under evaluation in potential upside category among its peers reporting about
14.08 of Potential Upside per Jensen Alpha. The ratio of Potential Upside to Jensen Alpha for Capitec Bank Holdings is roughly
14.08 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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