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