FT MarketWatch

Alpha

A coefficient measuring the risk-adjusted Performance, considering the Risk due to the specific security, rather than the overall Market. A large Alpha indicates that the stock or mutual Fund has performed better than would be predicted given its Beta (volatility).

Related Terms: 13 Alpha, Beta, ECU, ECI, Fund, ITS, Mutual fund, Market, Performance, Risk, Ring, SEC, Volatility
Other Related Pages: Category: Technical_Analysis Starting With: A
Additional Related Terms: 10-K, 19c3 stock, Adjusted balance method, Adjusted basis, Allowance for depreciation, Accrued market discount, Agency security, American Stock Exchange, Asset-backed security, At par