Series 66 Video #14: Alpha vs Beta

Ace your homework & exams now with Quizwiz!

Beta

the measure of the volatility of a portfolio or a stock versus the overall market

Alpha

what you do above that excessive return, like a risk-adjusted return -it is what you do better than expected

A beta of 2 means...

it moves 2x as fast as the market

A beta of -1 means...

it moves the same amount but the opposite way

A beta of 1 means..

it moves with the market


Related study sets

AP Euro: The Protestant Reformation

View Set

610A - FEMA Quetsions and IVPush Quiz

View Set

NET 126 Routing & Switching Essentials v6 | Chapters 1-10 Quizzes & Exams

View Set

Auditing Quiz 10-11 and Auditing Quiz 12, 16-17

View Set

FIND SLOPE/Y-INTERCEPT FROM AN EQUATION

View Set

FFJJFJFJFJJFJfjjfjfjfjfjjfjfjfjfjfjfjffjfjfjfjfjfjfjfjfjfjfjfjjfjjfjfjfjfjffjfjfjfjffjfffjfjfjfjjfjfjfjfjfjfjjfjjfjfjfjjfjjfjfjffjfjfjjffjjJFJFJJFJFJFJFJFJFJFJFJFJFJJFJJFFJFJFJFJFJFJFJFJFJFJFJJFJFJFJFJFJFJJFJFJFJFJFJFJFFJFJFJFJFJJFJFJFJFJFJFJFFJJFJJFJJFJF

View Set