Lead Real Jensen Alpha vs. Skewness

LRE Stock   0.14  1.84  93.01%   
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Lead Real Estate has current Jensen Alpha of 0.7838. 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])

 = 
0.7838
ER[a] = Expected return on investing in Lead Real
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Lead Real and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Lead Real Jensen Alpha Peers Comparison

Lead Jensen Alpha Relative To Other Indicators

Lead Real Estate is currently regarded as number one stock in jensen alpha category among its peers. It is currently under evaluation in skewness category among its peers making up about  3.15  of Skewness per Jensen Alpha. The ratio of Skewness to Jensen Alpha for Lead Real Estate is roughly  3.16 
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 Lead Real to Peers

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