YieldMax BABA Option Income Strategy ETF (BABO)
17.80
-0.47
(-2.57%)
USD |
NYSEARCA |
Nov 22, 16:00
17.91
+0.11
(+0.62%)
After-Hours: 20:00
BABO Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (Since Inception) Data
| Date | Value |
|---|---|
| October 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.