Amazon Jensen Alpha | AMZN NASDAQ

AMZN

 Stock  

USD 

106.21

0.75

0.70%

Amazon

Amazon jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Amazon Inc 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

Amazon Inc has current Jensen Alpha of 0.2056. 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]) 

 = 

0.2056

ER[a] = Expected return on investing in AmazonER[b] = Expected return on market index or selected benchmarkBETA = Beta coefficient between Amazon and the marketRFR = Risk Free Rate of return. Typically T-Bill Rate

Amazon Jensen Alpha Peers Comparison

Amazon Jensen Alpha Relative To Other Indicators

second in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about

 76.90 

of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Amazon Inc is roughly

 76.90 

Amazon Inc is ratedin jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting aboutof Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Amazon Inc is roughly

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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors’ personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas  

Amazon Inc has current Jensen Alpha of 0.2056. 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 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.