Sunlands Technology Group (STG)
3.56
-0.20
(-5.32%)
USD |
NYSE |
May 31, 12:57
Sunlands Technology Group Alpha (5Y)
Alpha (5Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (5Y) Data
| Date | Value |
|---|---|
| April 30, 2023 | -- |
| Date | Value |
|---|---|
| March 31, 2023 | -- |
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.