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Glossary > J > "Jensen index" Definition

Jensen index

An index that uses the capital asset pricing model to determine whether a money manager outperformed a market index. The alpha of an investment or investment manager.

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Jensen index \ An index that uses the capital asset pricing model to determine whether a money manager outperformed a market index. The alpha of an investment or investment manager.

Jensen index / an index that uses the capital asset pricing model to determine whether a money manager outperformed a market index. the alpha of an investment or investment manager.