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Meaning of Jensen's alpha | Babel Free

Noun CEFR B2

Definitions

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

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Jensen's device Jensen's inequality Jensenism jensenite Jenson Jenssen