Page 50 -
P. 50
alpha ୡҗ ࣻܫ, ঌ
ైೞח ࢎۈٜ ࣻ a return ਸ ӝೞӝ ݃۲. ۽ द
ݎ market projection ա ӝળਵ۽ ח ٜࣻ benchmark indexes
ী ӔѢ೧ যו ب ࣻਸ ӝೠ. ై ࣻ ӝܳ ֈয
ࢸ ٸ ୡҗػ ࣻ the extra return on top alphaۄ ࠗܲ. ٮۄࢲ
alphaח ై ࢿҕ ৈࠗܳ оכೞҊ, ైо दਸ מоೞח
ࣻਸ ѢفҊ beat the market חܳ ࠁৈח ೞա ୋب.
alphaח নࣻѢա ࣻҊ ۞झ(+)ա ݃ցझ(-) ӝഐо ؊
೧ ߔ࠙ਯ۽ दػ(: +2.5%). ޖ ࠙ࢳо, ై ߂ ನ
ಫܻয় ݒפо ۽ ࢎਊೞח Әਲ਼ ޙ ਊযӝب ೞ.
to generate alpha Generating alpha is the holy grail of
ୡҗ ࣻਸ ହೞ investment. (investment Reddit post)
ୡҗ ࣻਸ ହೞח Ѫ ై рೠ
ݾ. (ۨ٪ী ѱदػ ైী ೠ Ӗ)
ైٜ ୡҗ ࣻਸ ହೞ۰Ҋ to generate alpha গॵ. द ݈ೞ
ݶ ࠼হח ై ۚҗ दী ೠ ా market insights ਸ ഝਊ೧ ై
ীࢲ ୡҗ ࣻ excess returns ܳ Ѣف۰Ҋ ֢۱ೠח ڷ.
to use alpha We use alpha to outsmart the market
ঌܳ ࢎਊೞ and produce higher returns than our
competitors. (hedge fund website)
ܻח ঌܳ ࢎਊ೧ दਸ מоೞҊ
҃੬ٜࠁ ֫ ࣻਸ ହפ. (
ಎ٘ ਢࢎ)
660 Country