FT Vest Silver Strategy & Target Income ETF (SLVY)
23.25
+0.04
(+0.16%)
USD |
BATS |
Aug 25, 16:00
23.00
-0.25
(-1.09%)
Pre-Market: 19:59
SLVY Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (Since Inception) Data
| Date | Value |
|---|
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 (Since Inception) Range, Past 5 Years
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Minimum
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Maximum
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Average
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Median