Direxion Daily CSI 300 China A Share Bull 2X Shs (CHAU)
22.39
0.00 (0.00%)
USD |
NYSEARCA |
Mar 02, 16:00
21.56
-0.83
(-3.71%)
After-Hours: 05:50
CHAU Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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
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