Global X Copper Miners ETF (COPX)
67.44
-0.57
(-0.84%)
USD |
NYSEARCA |
Dec 08, 16:00
66.42
-1.02
(-1.51%)
After-Hours: 06:26
COPX 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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