ACV Auctions Inc (ACVA)
17.97
+0.47
(+2.69%)
USD |
NASDAQ |
Jul 02, 16:00
17.96
-0.01
(-0.06%)
After-Hours: 20:00
ACV Auctions Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (3Y) Data
Date | Value |
---|---|
June 30, 2024 | -- |
Date | Value |
---|---|
May 31, 2024 | -- |
Alpha Definition
Alpha measures the excess return that a security provides. Alpha can be measured by taking Risk Adjusted Security Return - Beta*(Risk Adjusted Market Return). This formula will return the outperformance that the security provides. Alpha is an important metric for active investing, where investors look for outperforming a particular benchmark.