Shake Shack, Inc. (SHAK)
96.72
+3.43
(+3.68%)
USD |
NYSE |
Jan 12, 16:00
96.85
+0.13
(+0.13%)
Pre-Market: 08:31
Shake Shack Alpha (15Y)
Alpha (15Y) 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 (15Y) Range, Past 5 Years
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