# Calculate Jensen’s Alpha with Excel

Jensen’s Alpha is a risk-adjusted performance benchmark that tells you how by much the returns of an actively managed portfolio…

Jensen’s Alpha is a risk-adjusted performance benchmark that tells you how by much the returns of an actively managed portfolio…

This article provides an Excel spreadsheet to calculate downside deviation (including VBA and a matrix formula). It also discusses why…

Investors have a dazzling array of mutual funds to pick from. How can investors decide which fund to invest in?

This Mathcad worksheet automatically downloads historical stock quotes from Yahoo Finance with a VBScript button. You don’t need to manually…

This article explores what the Treynor Ratio means for investors, and provides an Excel spreadsheet.

This Excel spreadsheet calculates the beta of a stock, a widely used risk management tool that describes the risk of…

The 1987 stock market crash had its roots in the misplaced faith the finance industry had in the Black-Scholes framework…

This Excel spreadsheet calculates the Modified Sharpe Ratio.

This Excel spreadsheet calculates Kappa, a generalized downside-risk adjusted performance measure.

This Excel spreadsheet implements a Modified Value at Risk (or MVaR) calculation, which adjusts the standard deviation to account for…