Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)
37.93
+0.23
(+0.61%)
USD |
NYSEARCA |
Jan 23, 16:00
37.91
-0.02
(-0.05%)
After-Hours: 19:29
TMF 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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