Assertion: alpha | /r/HasProperty | negative
Facets:
Source sentences:
text: Alpha may be positive or negative and is the result of active investing.
text: Alpha may be positive or negative and is the result of active investing.
text: The greater the alpha, the stronger the portfolio -- but alpha can also be negative, reflecting inferior stock selection.
text: If the consumer has access to a fund for which the conditional alpha is not zero he or she will wish to adjust the portfolio, purchasing more of the fund if alpha is positive and less if alpha is negative.
text: If Jensen's alpha is significant and positive, then the strategy being considered has a history of generating returns on top of what would be expected based on other factors alone.