Fortrea Holdings, Inc. (FTRE)
17.25
-0.15
(-0.86%)
USD |
NASDAQ |
Dec 29, 16:00
17.50
+0.25
(+1.45%)
Pre-Market: 08:04
Fortrea Holdings Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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 (3Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median