What does alpha mean?

Alpha is thus also often referred to as “ excess return ” or the “ abnormal rate of return ” in relation to a benchmark, when adjusted for risk. Alpha is often used in conjunction with beta (the Greek letter β), which measures the broad market's overall volatility or risk, known as systematic market risk .

What is the AMA Alpha hand launch?

Teaching and demonstrating the principles of aerodynamics has never been easier (or more fun) than with the all-new AMA Alpha hand launch, rubber-powered airplane! This portable EPS foam and stick balsa aircraft is quickly and easily assembled thanks to its simple clip-together technology. No cutting is required!

What is alpha & beta?

Alpha and beta are two of the key measurements used to evaluate the performance of a stock, a fund, or an investment portfolio. Alpha measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against. Beta measures the relative volatility of an investment.

What does alpha mean in risk management?

Alpha is one of the five major risk management indicators for mutual funds, stocks, and bonds. In a sense, it tells investors whether an asset has consistently performed better or worse than its beta predicts. Alpha is also a measure of risk. An alpha of -15 means the investment was far too risky given the return.