This is a percentage measurement that characterizes performance oof a screener compared to the benchmark, while accounting for the beta it takes to get said performance. The higher the alpha, the larger the outperformance. A negative alpha implies underperformance compared to the benchmark.
Note: Even if the annualized returns are higher than the benchmark index, if it takes a lot of beta (volatility) to achieve the outperformance, alpha could still be negative.
We are not licensed personal investment advisors. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. We cannot be held liable for any actions you take as a result of any content found on this website or its related social media accounts. It is important for investors to conduct their own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise. © 2025 · 2022 · Marcsten - Stock Mixology
Thank you for subscribing to this screener. We have sent an email confirmation to you.
After the default rebalance period has occurred (90 days), you should receive a follow-up reminder to compare today’s screener with the new screener results.
Leave a Reply
Say something nice