It tells us how extreme observed results must be in order to reject the null hypothesis of a significance test. In Ancient Greek, alpha was pronounced [a] and could be either phonemically long ([aː]) or short ([a]). Denoting a person who has a dominant role or position within a particular sphere. We recommend that you end each Alpha with a party/Alpha Celebration, where guests can invite their friends who might be interested in attending the next Alpha. Your Reason has been Reported to the admin. Sign up to get the best in wellness, relationships, royals, food and more on Tuesdays and Thursdays. or alpha male If the market were efficient in economic terms, then the alpha of any given portfolio should theoretically be zero.

The term "alpha" has been used to denote position in social hierarchy, examples being "alpha males" or pack leaders. Alpha refers to a dominant person or their behavior, especially with respect to socially aggressive, hyper-masculine men. “[They] have been raised as screenagers to a greater extent than the fixed screens of the past could facilitate,” he previously told HuffPost. All of that Messi hype and it's Marcos Rojo who rescued Argentina. Plutarch, in Moralia,[7] presents a discussion on why the letter alpha stands first in the alphabet. Emma the biter from playgroup? Smirking, legs spread, arms crossed, the president shows Merkel and a group of similarly appalled men whom...he unquestionably considers beta, that their objections only harden his asinine – or should that be swinish? If you use a large-cap benchmark in the capital asset pricing model when evaluating a small-cap stock portfolio, then you'll get a higher level of alpha because you'll underestimate how much of the portfolio's return owes to movements in the broader small-cap market. – resolve. For instance, if the beta of a portfolio is 2, then movements in the investment portfolio will tend to be double those of the underlying market. However, it can be hard to distinguish true alpha from false indicators of the measure. Alpha - Definition and More from the Free Merriam-Webster Dictionary, "Chapter 5: Analysing the Data Part II : Inferential Statistics",, Short description is different from Wikidata, Wikipedia indefinitely semi-protected pages, Articles containing Ancient Greek (to 1453)-language text, Creative Commons Attribution-ShareAlike License, This page was last edited on 6 April 2020, at 09:15. For reprint rights: Sunil Singhania on where to look for big alpha creators, Investing in US stocks? Good work, millennials. Market data powered by FactSet and Web Financial Group. rather an informal word summary that hopefully touches upon the key aspects of the meaning and usage of alpha