Dermata Therapeutics Inc (DRMA)
1.11
-0.04
(-3.48%)
USD |
NASDAQ |
Nov 22, 16:00
1.10
-0.01
(-0.90%)
After-Hours: 19:55
Dermata Therapeutics Alpha (5Y)
Alpha (5Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (5Y) Data
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.
Alpha (5Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median