iShares A.I. Innovation and Tech Act ETF (BAI)
26.65
+0.03
(+0.11%)
USD |
NYSEARCA |
Nov 22, 16:00
26.65
0.00 (0.00%)
After-Hours: 16:07
BAI 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 |
---|
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
--
Minimum
--
Maximum
--
Average
--
Median