How is the Alpha Picks performance calculated?

Alpha Picks performance is calculated starting from July 1st, 2022 and is based upon buying every Alpha Pick on the pick date using the opening price. This also includes selling picks which are displayed on the ‘Removed’ tab and uses the closing price of the sell date. S&P 500 performance is calculated starting July 1st, 2022 and is based upon buying an equal amount of SPY on the pick date using the opening price. Dividends are reinvested. Total Returns are as of the previous close.