The Alpha Alphabet by Marc Odo, CFA, CAIA, CFP

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Tue, 2012-07-17

One of the most frequently used terms in finance is “alpha”. Alpha is referenced so widely and in so many different contexts that confusion about exactly what people mean when they use it is inevitable. This paper seeks to clarify and explain what alpha is and is not, and to differentiate between all of the variations on the basic concept of such a common statistic.

 
 

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