Progressive Corp. (PGR)
206.91
+3.91
(+1.93%)
USD |
NYSE |
Jan 22, 16:00
207.06
+0.15
(+0.07%)
After-Hours: 17:20
Progressive 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
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