Gritstone Bio Inc (GRTS)
0.8134
+0.05
(+6.40%)
USD |
NASDAQ |
Apr 26, 16:00
0.8244
+0.01
(+1.35%)
After-Hours: 20:00
Gritstone Bio 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 |
---|---|
March 31, 2024 | -- |
February 29, 2024 | -- |
January 31, 2024 | -- |
Date | Value |
---|---|
December 31, 2023 | -- |
November 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.