MicroSectorsTM Oil&Gs Exp&Pd 3X Lvg ETNs (OILU)
31.49
+0.23
(+0.74%)
USD |
NYSEARCA |
Nov 05, 16:00
31.68
+0.19
(+0.60%)
After-Hours: 18:59
OILU Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (3Y) 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 (3Y) Range, Past 5 Years
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