Concepedia

Jensen's Alpha

Jensen's Alpha is a performance metric in active portfolio management that quantifies the excess return of a portfolio over its expected return as predicted by the Capital Asset Pricing Model, serving as a measure of a manager's ability to generate abnormal returns after adjusting for market risk.

127

Publications

10K

Citations

233

Authors

142

Institutions

Publications per year

2017–2026

29

Variants

Jensen AlphaJensen's Measure

Parents

Publications

127

The Performance of Mutual Funds in the Period 1945-1964

Michael C. Jensen · The Journal of Finance · 1968 · 1.8K citations

, , +17

Why do corporate managers misstate financial statements? The role of option compensation and other factors

Jap Efendi, Anup Srivastava, Edward P. Swanson · Journal of Financial Economics · 2007 · 985 citations

, , +17

Jensen’s inequality predicts effects of environmental variation

Jonathan J. Ruel, Matthew P. Ayres, Matthew P. Ayres · Trends in Ecology & Evolution · 1999 · 846 citations

, , +7

Why “Suboptimal” Is Optimal: Jensen’s Inequality and Ectotherm Thermal Preferences

Tara Laine Martin, Raymond B. Huey · The American Naturalist · 2008 · 652 citations

, , +17

The Performance of Mutual Funds in the Period 1945-1964

Michael C. Jensen · SSRN Electronic Journal · 2002 · 357 citations · Full text

, , +17

1–5 of 127

Authors

233

  1. HM
    Hamid Mehran

    Federal Reserve Bank of New York, United States

    3 publications · 249 citations

    3

    h-index

  2. NC
    Nicholas Colley

    University of Cambridge, United Kingdom

    3 publications · 85 citations

    3

    h-index

  3. MA
    Michael A. Woodley of Menie

    Vrije Universiteit Brussel, Belgium

    3 publications · 98 citations

    3

    h-index

  4. ES
    Eva Steiner

    Pennsylvania State University, United States

    3 publications · 85 citations

    3

    h-index

  5. SP
    Stavros Peristiani

    Federal Reserve Bank of New York, United States

    3 publications · 249 citations

    3

    h-index

1–5 of 233

Institutions

142

  1. Federal Reserve Bank of New York

    New York, United States

    3 h-index

    4 publications

    436 citations

  2. Universiti Sains Malaysia

    George Town, Malaysia

    3 h-index

    5 publications

    219 citations

  3. University of Delhi

    New Delhi, India

    3 h-index

    6 publications

    160 citations

  4. Columbia University

    New York, United States

    3 h-index

    3 publications

    176 citations

  5. Umeå University

    Umeå, Sweden

    2 h-index

    2 publications

    63 citations

  6. University of Otago

    Dunedin, New Zealand

    2 h-index

    2 publications

    22 citations

  7. University of Rochester

    Rochester, United States

    2 h-index

    2 publications

    1.9K citations

  8. Erasmus University Rotterdam

    Rotterdam, The Netherlands

    2 h-index

    2 publications

    37 citations

1–8 of 142

Venues

  1. SSRN Electronic Journal

    Repository · 9 publications · 1.1K citations

    9

    h-index

  2. Personality and Individual Differences

    6 publications · 256 citations

    6

    h-index

  3. RePEc: Research Papers in Economics

    Repository · 6 publications · 179 citations

    6

    h-index

  4. Managerial Finance

    5 publications · 584 citations

    5

    h-index

  5. The Journal of Finance

    3 publications · 1.8K citations

    3

    h-index

1–5