Cryptocurrency Q&A What does a high alpha mean?

What does a high alpha mean?

EchoSeeker EchoSeeker Tue Oct 08 2024 | 5 answers 1317
Could you please elaborate on what a high alpha indicates in the realm of finance and investing? How does it relate to portfolio performance and risk-adjusted returns? Does it suggest a superior strategy or merely a temporary outperformance? Furthermore, what factors might contribute to a high alpha, and how does one measure it accurately? What does a high alpha mean?

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