Research Affiliates Deletions ETF (NIXT)
26.92
-0.41
(-1.50%)
USD |
NASDAQ |
Nov 14, 16:00
26.92
0.00 (0.00%)
After-Hours: 18:21
NIXT Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (Since Inception) Data
| Date | Value |
|---|
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 (Since Inception) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median