Sandisk Corp. (SNDK)

1493.12 -102.96 (-6.45%) USD  |  NASDAQ  |  Aug 24, 16:00
1549.99 +56.87 (+3.81%) Pre-Market: 08:24
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Sandisk Alpha (5Y)

Alpha (5Y) Chart

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Sep '18
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May '19
 
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270.00
255.00
240.00
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Historical Alpha (5Y) Data

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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.

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Alpha (5Y) Range, Past 5 Years

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Alpha (5Y) Benchmarks

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