e/Alpha (investment)

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has glosseng: Alpha is a risk-adjusted measure of the so-called active return on an investment. It is the return in excess of the compensation for the risk borne, and thus commonly used to assess active managers performances. Often, the return of a benchmark is subtracted in order to consider relative performance, which yields Jensens alpha.
lexicalizationeng: alpha
instance ofc/Finance theories
Meaning
German
has glossdeu: Der Alphafaktor (α) (Jensen-Alpha, Jensens Alpha) bezeichnet in der Finanzmarkttheorie das Maß für eine Extra-Rendite (positives Alpha) oder eine Minderrendite (negatives Alpha) einer Anlage, gegenüber einem Vergleichswert (der Benchmark). Der Alphafaktor entspricht damit dem Teil der Aktienrendite, der von der Marktrendite unabhängig ist.
lexicalizationdeu: Alpha-Faktor
lexicalizationdeu: Alphafaktor
Swedish
has glossswe: Överavkastning motsvaras av engelskans excess returns ibland endast med betäckningen ER och nyttjas för beräkning inom framförallt portföljteori som del av finansiell ekonomi. Beräkningsformeln: Ri=alfai+betai+RM+ei
lexicalizationswe: Överavkastning

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