Alger AI Enablers & Adopters ETF (ALAI)
25.88
+0.14
(+0.54%)
USD |
NYSEARCA |
Nov 12, 16:00
25.86
-0.02
(-0.08%)
After-Hours: 20:00
ALAI Beta (vs YCharts Benchmark) (Since Inception)
Beta (vs YCharts Benchmark) (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Beta (vs YCharts Benchmark) (Since Inception) Data
| Date | Value |
|---|---|
| October 31, 2024 | -- |
| September 30, 2024 | -- |
| August 31, 2024 | -- |
| Date | Value |
|---|---|
| July 31, 2024 | -- |
| June 30, 2024 | -- |
Beta Definition
Beta is a risk metric that measures the risk associated with a security in comparison to the risk associated with the market overall. A beta of 1 would signify that the beta is neutral with the market. A common use of beta is within the Capital Asset Pricing Model (CAPM), to find a security's expected return.