- alpha stocks
Classifications used by the London Stock Exchange (LSE) based on how actively the shares were dealt in. Alpha stocks were usually those of large companies whose shares were dealt in most frequently (most of these shares relate to blue chip companies), while Beta and Gamma shares were usually those of smaller companies whose shares were less actively traded. This classification system has now been replaced with the Normal Market Size classification system (NMS classification system).For further information, see the LSE website: .
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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alpha shares — / ælfə ʃeəz/, alpha securities / ælfə sɪˌkjυərɪtiz/, alpha stocks / ælfə stɒks/ plural noun shares in the main companies listed on the London Stock Exchange (about 130 companies, whose shares are frequently traded, normally in parcels of 1000… … Dictionary of banking and finance
Alpha (investment) — Alpha is a risk adjusted measure of the so called active return on an investment. It is the return in excess of the compensation for the risk borne, and thus commonly used to assess active managers performances. Often, the return of a benchmark… … Wikipedia
Alpha Generator — Any security that, when added to an existing portfolio of assets, generates excess returns or returns higher than a pre selected benchmark without additional risk. An alpha generator can be any security; this includes government bonds, foreign… … Investment dictionary
beta stocks — See alpha stocks. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
gamma stocks — See alpha stocks. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Portable alpha — is an investment management term which refers to the return of an investment manager who has intentionally and completely eliminated his market risk, or beta. The return of such a portfolio will only represent the manager s skill in selecting… … Wikipedia
Seeking Alpha — is a free provider of stock market opinion and analysis from blogs, money managers and investment newsletters, and a provider of its own financial content. Alpha is a financial term referring to a stock s performance relative to the market; it is … Wikipedia
Jensen's alpha — In finance, Jensen s alpha (or Jensen s Performance Index, ex post alpha) is used to determine the excess return of a security or portfolio of securities over the security s theoretical expected return. The security could be any asset, such as… … Wikipedia
Portable Alpha — A strategy in which portfolio managers separate alpha from beta by investing in securities that differ from the market index from which their beta is derived. Alpha is the return achieved over and above the return that results from the… … Investment dictionary
АКЦИИ АЛЬФА — ALPHA STOCKSВ результате введения в оборот в качестве технических рыночных данных статистических методов определения простых регрессии и корреляции, словарь терминов, используемый в настоящее время на Уолл стрит, пополнился терминами альфа и бета … Энциклопедия банковского дела и финансов