Beta Definition

Below please find a definition of “Beta” Beta: Gauges the risk of a fund by measuring the volatility of its past returns in relation to the returns of a benchmark, such as the S&P 500 index. A fund with a

Active Account Definition

Below please find a definition of “Active Account” Active Account: An active account is a brokerage account that makes many transactions. Some brokerage firms charge a fee to accounts that are less active. This is a way for brokerage firms

Jensen's Alpha Definition

Below please find a definition of “Jensen’s Alpha” Jensen’s Alpha: A risk-adjusted performance measure that represents the average return on a portfolio over and above that predicted by the capital asset pricing model (CAPM), given the portfolio’s beta and the

Jensen’s Alpha Definition

Below please find a definition of “Jensen’s Alpha” Jensen’s Alpha: A risk-adjusted performance measure that represents the average return on a portfolio over and above that predicted by the capital asset pricing model (CAPM), given the portfolio’s beta and the