Investing

Jensen's Alpha Calculator

Return above what CAPM predicts for the risk taken.

Your numbers

Alpha

2.50%

CAPM expected return

9.50%

The link and the printed sheet both save your numbers, so anyone who opens them sees the same estimate.

Compare scenarios

Save your current numbers, change them, save again, and see each estimate side by side. Saved in this browser only.

How it works

Alpha = actual − [risk-free + beta × (market − risk-free)].

Alpha2.50%

Results are estimates for education only and are not investment advice.