Amundi MSCI Jensen Alpha

EABE Etf   77.52  0.65  0.83%   
Amundi MSCI jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Amundi MSCI Europe 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
  
Amundi MSCI Europe has current Jensen Alpha of (0.05). 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])

 = 
(0.05)
ER[a] = Expected return on investing in Amundi MSCI
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Amundi MSCI and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Amundi MSCI Jensen Alpha Peers Comparison

Amundi Jensen Alpha Relative To Other Indicators

Amundi MSCI Europe is rated below average in jensen alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
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 Amundi MSCI to Peers

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