Watts Water Technologies, Inc. (WTS)
297.29
+0.49
(+0.17%)
USD |
NYSE |
Jan 16, 16:00
297.18
-0.11
(-0.04%)
After-Hours: 20:00
Watts Water Technologies 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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