CVRx Inc (CVRX)
8.63
+0.19
(+2.25%)
USD |
NASDAQ |
Sep 27, 16:00
8.62
-0.01
(-0.12%)
After-Hours: 20:00
CVRx Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (3Y) Data
Date | Value |
---|---|
August 31, 2024 | -- |
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.