Technical_Analysis_page_549

Technical | Analysis page 549 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

520 Part VII Selection Alpha is not considered of any importance. However, in actual markets, alpha does not remain at the zero level and has, thus, become a measure of how much better or worse the stock is perform- ing relative to the S&P. When alpha is compared among stocks, it provides a…