Cryptocurrency Q&A What is alpha used for?

What is alpha used for?

Alessandra Alessandra Fri Oct 04 2024 | 6 answers 1352
Can you tell me, in the context of finance and investment, what exactly is alpha and what is it typically used for? Is it a metric that investors rely on to evaluate the performance of their portfolios or specific investments? If so, how does it help them make more informed decisions and potentially generate higher returns? What is alpha used for?

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