Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Alpha is:
The measure of a security's volatility in relation to the overall market.
A
A security's price movement over the course of 200 days.
B
The extent to which a security's actual return exceeds or falls short of its expected return.
C
Active portfolio management.
D
Explanations
Alpha is the extent to which a security's actual return exceeds or falls short of its expected return.