FIGS Inc (FIGS)
6.70
+0.23
(+3.55%)
USD |
NYSE |
Oct 04, 16:00
6.49
-0.21
(-3.13%)
After-Hours: 20:00
FIGS 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 |
---|---|
September 30, 2024 | -- |
August 31, 2024 | -- |
Date | Value |
---|---|
July 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.