Global X Hydrogen ETF (HYDR)
42.65
-0.75
(-1.73%)
USD |
NASDAQ |
Aug 31, 16:00
43.38
+0.73
(+1.71%)
After-Hours: 17:55
HYDR 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 |
|---|---|
| July 31, 2026 | -- |
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 (5Y) Range, Past 5 Years
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Minimum
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Maximum
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Average
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Median