Alpha
Technical analysisReturn above what a stock’s market sensitivity alone would explain.
In plain terms
The genuinely valuable part. Everything else is just amplification of the index.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Return above what a stock’s market sensitivity alone would explain.
The genuinely valuable part. Everything else is just amplification of the index.