ProShares Russell 2000 Dividend Growers ETF (SMDV)
66.62
-0.42
(-0.63%)
USD |
BATS |
Dec 30, 16:00
66.69
+0.07
(+0.11%)
Pre-Market: 20:00
SMDV Alpha (5Y)
Alpha (5Y) 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 (5Y) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median