NewGenIvf Group Ltd (NIVF)
0.6776
-0.06
(-8.56%)
USD |
NASDAQ |
Nov 04, 16:00
0.6925
+0.01
(+2.20%)
After-Hours: 07:46
NewGenIvf Group 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 |
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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
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