T-REX 2X Inverse NVIDIA Daily Target ETF (NVDQ)
3.755
-0.04
(-1.05%)
USD |
BATS |
May 21, 16:00
3.77
+0.02
(+0.40%)
After-Hours: 20:00
NVDQ 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 |
---|---|
April 30, 2024 | -- |
March 31, 2024 | -- |
February 29, 2024 | -- |
Date | Value |
---|---|
January 31, 2024 | -- |
December 31, 2023 | -- |
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.