Sprott Copper Miners ETF (COPP)
39.83
+0.44
(+1.12%)
USD |
NASDAQ |
Jun 08, 16:00
39.50
-0.33
(-0.83%)
Pre-Market: 20:00
COPP 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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