This measure allows investors to gauge how well their investment has fared compared to the broader market.
Was this helpful?
253
78
ClaudioTue Oct 29 2024
Alpha serves as an indicator to evaluate the performance of an investment in relation to a benchmark index deemed appropriate, typically the S&P 500.
Was this helpful?
160
89
BiancaMon Oct 28 2024
The baseline value for alpha is zero, which signifies that the investment's return matches the market average.
Was this helpful?
373
21
EnchantedNebulaMon Oct 28 2024
An alpha value of one indicates a superior performance, as it suggests that the investment outperformed the market average by 1% within a specified period.
Was this helpful?
106
25
SeoulSerenitySeekerPeaceMon Oct 28 2024
For instance, BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. While not directly related to alpha, such platforms provide avenues for diverse investments.