Cryptocurrency Q&A What is a high alpha value?

What is a high alpha value?

Elena Elena Sun Nov 24 2024 | 7 answers 1531
I'm curious about the concept of alpha value, specifically what it means when it's referred to as 'high'. Could someone explain what a high alpha value signifies or represents in simple terms? What is a high alpha value?

7 answers

Bianca Bianca Tue Nov 26 2024
A high alpha stock possesses an alpha value significantly exceeding 1.

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Dario Dario Mon Nov 25 2024
The benchmark represents the expected return of the market based on risk.

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KimchiQueenCharm KimchiQueenCharm Mon Nov 25 2024
An alpha value of 5.0 for a stock indicates it outperformed the overall benchmark by 5%.

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WhisperWindLight WhisperWindLight Mon Nov 25 2024
A stock with a high alpha suggests it delivered superior returns compared to expected.

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CryptoChampion CryptoChampion Mon Nov 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.

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