English Explanatory Dictionary

Jensen's alpha

English dictionary entry

Meanings

noun
  1. A metric used to determine the abnormal return of a security or portfolio over the theoretical expected return.

Word forms

Jensen's alpha Jensen's alphas

Etymology

First used as a measure in the evaluation of mutual fund managers by Michael C. Jensen in 1968.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
Back to search All on J Russian dictionary Dahl dictionary