Question

what do we understand by alfa ​

Answer 1

Answer:

it stands for different meanings.

I'm giving definition one of them below.

Step-by-step explanation:

Alpha, often considered the active return on an investment, gauges the performance of an investment against a market index or benchmark that is considered to represent the market's movement as a whole. The excess return of an investment relative to the return of a benchmark index is the investment's alpha.

Answer 2

Answer:

I hope its help you....