iShares Ethereum Trust ETF (ETHA)
25.44
+2.14
(+9.18%)
USD |
NASDAQ |
Nov 21, 16:00
25.31
-0.13
(-0.51%)
After-Hours: 20:00
ETHA Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (Since Inception) Data
| Date | Value |
|---|---|
| October 31, 2024 | -- |
| Date | Value |
|---|---|
| September 30, 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.