What is Alpha?
The average of each pick's return minus the index's move over that pick's own holding time (entry to exit). Bank Nifty picks are compared with Bank Nifty; all others with Nifty 50.
Also known as: alpha, alpha vs nifty 50.
In the Qortle glossary · Performance (Winners)
The average of each pick's return minus the index's move over that pick's own holding time (entry to exit). Bank Nifty picks are compared with Bank Nifty; all others with Nifty 50.
Also known as: alpha, alpha vs nifty 50.