Treasury Wine Jensen Alpha

TSRYY
 Stock
  

USD 9.54  0.23  2.47%   

Treasury Wine jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Treasury Wine Estates 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
  
Treasury Wine Estates has current Jensen Alpha of 0.0138. 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]) 
 = 
0.0138
ER[a] = Expected return on investing in Treasury Wine
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Treasury Wine and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Treasury Wine Jensen Alpha Peers Comparison

Treasury Jensen Alpha Relative To Other Indicators

Treasury Wine Estates is rated fifth in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  490.11  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Treasury Wine Estates is roughly  490.11 
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 Treasury Wine to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas