SonicShares Global Shipping ETF (BOAT)
50.86
+0.01
(+0.02%)
USD |
NYSEARCA |
Sep 08, 15:59
50.58
-0.28
(-0.55%)
After-Hours: 16:05
BOAT Alpha (10Y)
Alpha (10Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (10Y) 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 (10Y) Range, Past 5 Years
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