Direxion Daily Semiconductor Bull 3X Shares (SOXL)
62.63
-0.14
(-0.22%)
USD |
NYSEARCA |
Mar 02, 16:00
61.94
-0.69
(-1.10%)
After-Hours: 18:52
SOXL Alpha (10Y)
Alpha (10Y) 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 (10Y) Range, Past 5 Years
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Median