Sentences with phrase «significant alpha»
The phrase "significant alpha" refers to a measure of investment performance. Alpha represents how well an investment performs compared to a market benchmark. If an investment has significant alpha, it means it has a higher return than expected based on the market performance, and it shows skill on the part of the investor or fund manager. Full definition
Both yield significant alpha over the log term and lend themselves to more the institutional style of investing.
greenbackd.com
In the long - run, buying when others are fearful and exiting when others are greedy does provide significant alpha.
The authors define a «false discovery» as a mutual fund that exhibits significant alpha by luck alone.
This data — along with evidence demonstrating that the vast majority of actively managed funds persistently underperform and recent studies showing that only about 2 percent of them are generating statistically significant alpha even before taxes — leaves us with an anomaly.
«The proverbial «best house in a bad neighborhood» award goes to US high yield, where we see base case total returns of 5 %,» says Sheets, adding that credit selection should be a source of significant alpha in nearly all global markets.
Later in this article, I will present evidence that the greatest returns and most significant Alpha generation will be earned from fast - growing non-dividend paying stocks.
Large Cap Mutual Funds enjoyed significant alpha over S&P BSE 100 in pre-2010 era (based on data from January ’91 to December» 90), however such alpha is reducing post-2010 (i.e. from January ’10 to February» 17)
When we look out of sample from 1989 to 2012, there is still significant alpha associated with the long / short momentum strategy, but the strategy endures an 86.05 % loss from March 2009 to September 2009.
A substantial portion of this statistically significant alpha comes from conditioning on quality information.
Were there any significant alphas observed in the factor analyses?
@William - I don't recall there being any significant alphas when I ran this analysis back in 2012.
There's also a significant alpha, though the low t - stat indicates it may just be random noise.
The fact that Prudential has 1 out of 49 of their funds with a statistically significant alpha does not give us a lot of confidence that this is a true act of skill or that Prudential, as a whole, can consistently offer funds that can produce a statistically significant alpha.