| EE Stock | | | USD 18.34 0.31 1.66% |
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Excelerate Energy has current Jensen Alpha of 0.4597. 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]) |
| = | 0.4597 | |
| ER[a] | = | Expected return on investing in Excelerate Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Excelerate Energy and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Excelerate Energy Jensen Alpha Peers Comparison
Excelerate Jensen Alpha Relative To Other Indicators
Excelerate Energy is one of the top stocks in jensen alpha category among related companies. It is currently under evaluation in potential upside category among related companies reporting about
9.80 of Potential Upside per Jensen Alpha. The ratio of Potential Upside to Jensen Alpha for Excelerate Energy is roughly
9.80 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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