iShares Cybersecurity and Tech ETF (IHAK)
48.81
-0.96
(-1.93%)
USD |
NYSEARCA |
Nov 15, 16:00
48.40
-0.41
(-0.84%)
After-Hours: 20:00
IHAK 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 |
|---|---|
| October 31, 2024 | -- |
| September 30, 2024 | -- |
| Date | Value |
|---|---|
| August 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.