Modine Manufacturing Co. (MOD)
238.14
-15.52
(-6.12%)
USD |
NYSE |
Apr 15, 16:00
239.70
+1.56
(+0.66%)
Pre-Market: 04:35
Modine Manufacturing Alpha (3Y)
Alpha (3Y) 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 (3Y) Range, Past 5 Years
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