Global X US Infrastructure Development ETF (PAVE)
55.16
+0.47
(+0.86%)
USD |
BATS |
Sep 04, 16:00
54.87
-0.29
(-0.53%)
Pre-Market: 08:22
PAVE Alpha (vs YCharts Benchmark) (10Y)
Alpha (vs YCharts Benchmark) (10Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (vs YCharts Benchmark) (10Y) Data
| Date | Value |
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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 (vs YCharts Benchmark) (10Y) Range, Past 5 Years
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