Mattr Corp Jensen Alpha
| MATR Stock | | | 9.09 0.22 2.48% |
Historical market data for Mattr Corp forms the basis of the Jensen Alpha indicator shown here. Related indicator context is organized within
Equity Screeners. Mattr Corp has a market cap of 544.23 M, operating margin of 0.22%. See
Correlation Analysis for additional portfolio context. Including Mattr Corp in a portfolio enables allocation and risk analysis. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Mattr Corp's company valuation — related indicators include
signals in inflation.
Mattr Corp has current Jensen Alpha of 0.2734. 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]) |
| = | 0.2734 | |
| ER[a] | = | Expected return on investing in Mattr Corp |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Mattr Corp and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Jensen Alpha Relative To Other Indicators
Mattr Corp is rated
below average in jensen alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
34.38 in Maximum Drawdown for each unit of Jensen Alpha. The spread between Maximum Drawdown and Jensen Alpha for Mattr Corp sits at
34.38 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 Mattr Corp to Peers
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