IShares MSCI Jensen Alpha
| SCWS Etf | | | CHF 7.15 0.18 2.58% |
The Jensen Alpha lookup presents technical context for iShares MSCI World and related instruments. Availability can vary by instrument;
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World Market Map provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in iShares MSCI World within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
iShares MSCI World has current Jensen Alpha of 0.0297. 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]) |
| = | 0.0297 | |
| ER[a] | = | Expected return on investing in IShares MSCI |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between IShares MSCI and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IShares MSCI Jensen Alpha Peers Comparison
IShares Jensen Alpha Relative To Other Indicators
iShares MSCI World is evaluated as
second in Jensen Alpha in jensen alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
154.97 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for iShares MSCI World is roughly
154.97 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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