Cryptocurrency Q&A
What is alpha in forex?
What is alpha in forex?
Nicola
Sun Nov 24 2024
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6 answers
1388
I'm trying to understand forex trading and I came across the term 'alpha'. I want to know what alpha means in the context of forex trading and how it affects my trades.
6 answers
Raffaele
Mon Nov 25 2024
These excess returns are calculated based on the investment's market risk, also known as beta.
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CryptoElite
Mon Nov 25 2024
Alpha serves as an indicator to gauge an investment's performance, taking into account the level of risk it undertakes.
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KimonoElegance
Mon Nov 25 2024
Essentially, alpha quantifies how much value an investment has added beyond what would be expected given its associated risks.
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CryptoMystic
Mon Nov 25 2024
This metric compares the investment's returns to a specific benchmark index.
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CryptoWizard
Mon Nov 25 2024
By doing so, it provides a clearer picture of how well the investment has performed relative to its expected outcomes.
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