The alpha describes the discrepancy between the investment return and the benchmark return as well as the title risk. Excess returns are generated by taking active risks. Such strategies take into account the fact that deviations from index performance may be possible (tracking error).
Term-Nr.: 62
German: Alpha (50)
Source: SFO D15 2010 m. e. E., 24.04.2010
Leave a Reply
Want to join the discussion?Feel free to contribute!