Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- ALPHA COEFFICIEN
t Measures the extent to which a security's performance exceeds or falls short of the return you would expect given its level of risk (beta). An investment with a positive alpha has delivered more return than would have been predicted by its beta. A negative alpha denotes performance that is below what you would expect given its risk level.Back