iShares 5-10 Yr Investment Grade Corporate Bd ETF (IGIB)
53.19
+0.10
(+0.19%)
USD |
NASDAQ |
Apr 07, 16:00
53.58
+0.39
(+0.73%)
After-Hours: 07:10
IGIB Alpha (15Y)
Alpha (15Y) 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 (15Y) Range, Past 5 Years
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