Jensen's measure of portfolio performance compares the return a portfolio to the beta adjusted market return.

Name: Jensen's measure of portfolio performance compares the return a portfolio to the beta adjusted market return.
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Jensen's measure, also known as Jensen's alpha, evaluates a portfolio's excess return over the expected return based on the capital asset pricing model (CAPM), which adjusts for the portfolio's beta or market risk.

Jensen's Measure of Portfolio Performance Compares the Return a Portfolio