Desjardins RI Can Net-Zero Emissions (DRMC.TO)
28.05
+0.17
(+0.61%)
CAD |
TSX |
Mar 28, 16:00
DRMC.TO 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 |
---|---|
February 29, 2024 | -- |
January 31, 2024 | -- |
December 31, 2023 | -- |
Date | Value |
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November 30, 2023 | -- |
October 31, 2023 | -- |
September 30, 2023 | -- |
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.