iShares iBonds 2024 Term HY and Inc ETF (IBHD)
23.19
0.00 (0.00%)
USD |
BATS |
Sep 06, 16:00
23.18
0.00 (0.00%)
After-Hours: 20:00
IBHD 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 |
---|---|
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.