ROBO Global Healthcare Technology & Innovation ETF (HTEC)

29.11 -0.28 (-0.94%) USD  |  NYSEARCA  |  Dec 27, 16:00
29.11 0.00 (0.00%) After-Hours: 19:53
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HTEC Alpha (vs YCharts Benchmark) (5Y)

Alpha (vs YCharts Benchmark) (5Y) Chart

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Sep '18
Jan '19
May '19
 
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Historical Data

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Alpha Definition

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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.

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Alpha (vs YCharts Benchmark) (5Y) Range, Past 5 Years

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Alpha (vs YCharts Benchmark) (5Y) Benchmarks

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Alpha (vs YCharts Benchmark) (5Y) Related Metrics

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Annualized Standard Deviation of Monthly Returns (5Y Lookback) Upgrade
Historical Sharpe Ratio (5Y) Upgrade
Historical Sortino (5Y) Upgrade
Max Drawdown (5Y) Upgrade
Monthly Value at Risk (VaR) 5% (5Y Lookback) Upgrade