Question

what is alpha and bita ?

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Answer 1

Alpha and Beta are first two letters of Greek alphabet.

These are used in various fields as an unknown quantity.

Answer 2

The Difference Between Alpha and Beta. ... The excess return (or loss) of the investment relative to that of the benchmark index is its alpha. A positive alpha means a fund has performed better than its benchmark. A negative alpha means the fund has underperformed its benchmark.