ProShares Ultra Nasdaq Cybersecurity (UCYB)
43.95
+1.55
(+3.66%)
USD |
NASDAQ |
Oct 04, 16:00
43.60
-0.35
(-0.80%)
After-Hours: 20:00
UCYB Alpha (3Y)
Alpha (3Y) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (3Y) Data
Date | Value |
---|---|
September 30, 2024 | -- |
August 31, 2024 | -- |
July 31, 2024 | -- |
June 30, 2024 | -- |
Date | Value |
---|---|
May 31, 2024 | -- |
April 30, 2024 | -- |
March 31, 2024 | -- |
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.