Adient plc (ADNT)
20.71
+0.22
(+1.07%)
USD |
NYSE |
Apr 16, 16:00
20.91
+0.20
(+0.97%)
Pre-Market: 04:50
Adient Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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.
Alpha (Since Inception) Range, Past 5 Years
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