Rayliant Quantamental Emer Mkt Eq ETF (RAYE)
25.90
-0.11
(-0.43%)
USD |
NYSEARCA |
Oct 04, 16:00
25.86
-0.04
(-0.15%)
After-Hours: 20:00
RAYE Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (3Y) 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 (3Y) Range, Past 5 Years
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