Picton Mahoney Fortified Spec Sit AltETF (PFSS.TO)

9.48 -0.02 (-0.21%) CAD  |  TSX  |  Nov 14, 16:00
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PFSS.TO Alpha (vs YCharts Benchmark) (5Y)

Alpha (vs YCharts Benchmark) (5Y) Chart

View Alpha (vs YCharts Benchmark) (5Y) for PFSS.TO.
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Historical Alpha (vs YCharts Benchmark) (5Y) Data

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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.

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Alpha (vs YCharts Benchmark) (5Y) Range, Past 5 Years

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