Direxion Daily INTC Bull 2X ETF (LINT)

56.85 +10.83 (+23.53%) USD  |  NASDAQ  |  Jan 21, 16:00
57.75 +0.90 (+1.58%) After-Hours: 19:21
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LINT Alpha (5Y)

Alpha (5Y) Chart

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Sep '18
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Historical Data

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Alpha Definition

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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.

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Alpha (5Y) Range, Past 5 Years

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Alpha (5Y) Benchmarks

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Direxion Daily Biotech Top 5 Bull 2X ETF --
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Direxion Daily QCOM Bull 2X Shares --