In contrast, a beta strategy seeks to outperform the index by investing in rules-based factors believed to drive returns. Pure alpha investing seeks to generate returns solely based on alpha ...
Likewise, a negative alpha indicates the underperformance of an investment. Beta measures the volatility of a portfolio compared to a benchmark index. The statistical measure beta is used in the ...
Multi-factor-based smart beta investments, like the Nifty Alpha Low Volatility 30 ETF, can be a ‘smart’ addition to an investor’s portfolio in the current market environment. Indian equity ...