NEOS Nasdaq-100 High Income ETF (QQQI)
52.46
+0.03
(+0.06%)
USD |
NASDAQ |
Mar 02, 16:00
51.67
-0.79
(-1.51%)
Pre-Market: 08:41
QQQI 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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