Bank First Jensen Alpha vs. Potential Upside

BFC
 Stock
  

USD 75.81  0.35  0.46%   

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Bank First National has current Jensen Alpha of 0.1672. 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]) 
 = 
0.1672
ER[a] = Expected return on investing in Bank First
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Bank First and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Bank First Jensen Alpha Relative To Other Indicators

Bank First National is currently under evaluation in jensen alpha category among related companies. It is currently under evaluation in potential upside category among related companies reporting about  12.91  of Potential Upside per Jensen Alpha. The ratio of Potential Upside to Jensen Alpha for Bank First National is roughly  12.91 
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.
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