Paramount Global (PARAA)
22.48
-0.52
(-2.26%)
USD |
NASDAQ |
Dec 16, 16:00
22.48
0.00 (0.00%)
After-Hours: 18:50
Paramount Global Alpha (5Y)
Alpha (5Y) 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 (5Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median