alpha in investing

Alpha and Beta Explained: Measure Risk and Maximize Investment Performance Have you ever looked at a mutual fund that boasted a 15% return and wondered: is that actually good? What if the overall stock market was up 25% in that same period? The truth is, raw returns don't tell the whole story. To separate market luck from managerial skill and truly understand your investment's performance, you need to understand two fundamental Greek letters: Alpha and Beta. This guide wil...