iShares Global Healthcare ETF (IXJ)
100.95
+0.50
(+0.50%)
USD |
NYSEARCA |
Feb 23, 16:00
100.94
-0.02
(-0.01%)
After-Hours: 19:59
IXJ Alpha (5Y)
Alpha (5Y) 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 (5Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median