Pacer BlueStar Digital Entertainment ETF (ODDS)
25.33
-0.42
(-1.63%)
USD |
NASDAQ |
Jan 07, 16:00
25.58
+0.25
(+0.99%)
Pre-Market: 20:00
ODDS 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
--
Minimum
--
Maximum
--
Average
--
Median