Sunlands Technology Group (STG)
3.56 -0.20 (-5.32%) USD | NYSE | May 31, 12:57
Sunlands Technology Group Alpha (5Y)
Alpha (5Y) Chart
Historical Alpha (5Y) Data
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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.