Federal Home Jensen Alpha

FREJP Stock  USD 16.92  0.39  2.36%   
Federal Home jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Federal Home 530 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 Equity Screeners to view more equity screening tools
  
Federal Home 530 has current Jensen Alpha of 0.9307. 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])

 = 
0.9307
ER[a] = Expected return on investing in Federal Home
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Federal Home and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Federal Home Jensen Alpha Peers Comparison

Federal Jensen Alpha Relative To Other Indicators

Federal Home 530 is rated # 2 in jensen alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  90.15  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Federal Home 530 is roughly  90.15 
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 Federal Home to Peers

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