KraneShares Value Line® Dyn Div Eq ETF (KVLE)
26.45
-0.13
(-0.49%)
USD |
NYSEARCA |
Sep 27, 16:00
26.53
+0.08
(+0.30%)
Pre-Market: 20:00
KVLE Alpha (vs YCharts Benchmark) (3Y)
Alpha (vs YCharts Benchmark) (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (vs YCharts Benchmark) (3Y) Data
Date | Value |
---|---|
August 31, 2024 | -- |
July 31, 2024 | -- |
June 30, 2024 | -- |
May 31, 2024 | -- |
Date | Value |
---|---|
April 30, 2024 | -- |
March 31, 2024 | -- |
February 29, 2024 | -- |
January 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.