NextNRG, Inc. (NXXT)
0.5964
-0.05
(-7.39%)
USD |
NASDAQ |
Oct 12, 16:00
0.5961
0.00 (0.00%)
Pre-Market: 08:20
NextNRG 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 |
|---|---|
| September 30, 2026 | -- |
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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Maximum
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Median