Skip to content

Alpha is also known as a measure of outperformance because it represents the difference between what an asset returns and what its benchmark returns. A positive alpha of 1.0 indicates that the fund exceeded the benchmark index by 1%. A comparable negative alpha of 1.0 would suggest a 1% underperformance.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.