John Hancock US Sector Rotation Fund NAV (LP40216455)
12.49
-0.01
(-0.08%)
USD |
Dec 19 2024
LP40216455 Alpha (vs YCharts Benchmark) (Since Inception)
Alpha (vs YCharts Benchmark) (Since Inception) 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 (vs YCharts Benchmark) (Since Inception) Range, Past 5 Years
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Alpha (vs YCharts Benchmark) (Since Inception) Benchmarks
Alpha (vs YCharts Benchmark) (Since Inception) Related Metrics
Alpha (vs YCharts Benchmark) (Since Inception) Excel Add-In Codes
Metric Code: enhanced_market_alpha_all |
Latest Data Point: =YCP("M:LP40216455", "enhanced_market_alpha_all") |
Last 5 Data Points: =YCS("M:LP40216455", "enhanced_market_alpha_all", -4) |
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |