Ninepoint Carbon Credit ETF USD (CBON.U.NO)

17.11 -0.09 (-0.52%) USD  |  NEO  |  Nov 14, 16:00
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CBON.U.NO Alpha (5Y)

Alpha (5Y) Chart

View Alpha (5Y) for CBON.U.NO.
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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Alpha (5Y) 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 (5Y) Range, Past 5 Years

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Alpha (5Y) Benchmarks

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Global X Enh Cndn Ol & GsEqCovCllETFCAD --