SPDR® Bloomberg 3-12 Mth TBill ETF (BILS)
99.27
+0.01
(+0.01%)
USD |
NYSEARCA |
Nov 14, 16:00
99.27
0.00 (0.00%)
After-Hours: 20:00
BILS Alpha (vs YCharts Benchmark) (5Y)
Alpha (vs YCharts Benchmark) (5Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (vs YCharts Benchmark) (5Y) 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 (vs YCharts Benchmark) (5Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median