Direxion Daily AVGO Bull 2X Shares (AVL)

20.22 -0.07 (-0.32%) USD  |  NASDAQ  |  Nov 04, 16:00
20.47 +0.25 (+1.24%) After-Hours: 20:00
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AVL Alpha (Since Inception)

Alpha (Since Inception) Chart

View Alpha (Since Inception) for AVL.
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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Alpha (Since Inception) Data

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Date Value

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.

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Alpha (Since Inception) Range, Past 5 Years

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Alpha (Since Inception) Benchmarks

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