Portable alpha: related pages
Market neutral A market neutral portfolio is one that is fully hedged against the impact of market movements.
Absolute return An absolute return is the actual amount of money made by an investment ; the actual gain as a percentage of the amount invested.
Tracking error The standard deviation of the excess returns of a portfolio against its benchmark index.
Alpha fund Usually simply a label for funds that attempt to significantly out-perform their benchmark.
Efficient portfolio A portfolio that provides the best expected returns for a given level of risk, or, equivalently, the lowest risk possible for a given level of expected returns.
Copyright Graeme Pietersz © 2005-2019
