Simply described, alpha is the surplus return (also called the active return), an expenditure or a portfolio of investments ushers in, above and beyond a industry index or benchmark that signify the industry’s broader actions. If beta is -2, then the investment moves in the opposite route with the index https://leadershipdevelopmentacti78012.glifeblog.com/33038606/the-smart-trick-of-beta-vs-alpha-that-nobody-is-discussing