Alpha
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Revision as of 02:31, 6 June 2022 by Grand Master Pepe (talk | contribs)
- According to Investopedia:
“Alpha, often considered the active return on an investment, gauges the performance of an investment against a market index or benchmark that is considered to represent the market’s movement as a whole. The excess return of an investment relative to the return of a benchmark index is the investment’s alpha.”