Alpha is a measure of performance of an investment compared to a suitable benchmark. It is used to measure the performance of an investment on a risk-adjusted basis.
Alpha is a measure of an investment’s performance relative to a benchmark index. It is a measure of the excess return of an investment relative to the return of a benchmark index. Alpha is used to measure the performance of a portfolio manager or a fund manager relative to a benchmark index.
Alpha is calculated by subtracting the return of a benchmark index from the return of the investment. For example, if an investment has a return of 10% and the benchmark index has a return of 8%, then the alpha of the investment is 2%.
Alpha is a measure of the risk-adjusted performance of an investment. It is a measure of the excess return of an investment relative to the return of a benchmark index, adjusted for the risk taken. Alpha is used to measure the performance of a portfolio manager or a fund manager relative to a benchmark index.
Alpha is an important measure of performance for investors. It is a measure of the excess return of an investment relative to the return of a benchmark index, adjusted for the risk taken. Alpha is used to measure the performance of a portfolio manager or a fund manager relative to a benchmark index.
Alpha is also used to compare the performance of different investments. It is a measure of the excess return of an investment relative to the return of a benchmark index, adjusted for the risk taken. Alpha is used to compare the performance of different investments and to measure the performance of a portfolio manager or a fund manager relative to a benchmark index.
Alpha is an important measure of performance for investors. It is a measure of the excess return of an investment relative to the return of a benchmark index, adjusted for the risk taken. Alpha is used to compare the performance of different investments and to measure the performance of a portfolio manager or a fund manager relative to a benchmark index.