Alpha

+## In Finance

+In [finance](/wiki/Finance), alpha is a measure of an investment's performance relative to a [benchmark](/wiki/Benchmark) index. It represents the excess return achieved by an investment manager or strategy compared to the market average, after adjusting for [risk](/wiki/Risk). A positive alpha indicates outperformance, while a negative alpha indicates underperformance.

+- [Finance](/wiki/Finance)

+**Alpha** (Α, α) is the first letter of the [Greek Alphabet](/wiki/Greek_Alphabet). It often symbolizes beginnings, dominance, or a primary, foundational element, representing the start of a [Sequence](/wiki/Sequence).

+## See also

+- [Omega](/wiki/Omega)

+- [Beginning](/wiki/Beginning)

+- [Symbolism](/wiki/Symbolism)