Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches
Synonyms
Nearby Words

Alpha

 - 10 dictionary results

al⋅pha

  [al-fuh]
Use Alpha in a Sentence
–noun
1. the first letter of the Greek alphabet (A, α).
2. the vowel sound represented by this letter.
3. the first; beginning.
4. (initial capital letter) Astronomy. used to designate the brightest star in a constellation.
5. Chemistry. one of two or more isomeric compounds.
6. the first in a series of related items: frequently used in chemistry and physics.
7. Chiefly British. a mark or grade corresponding to an A. Compare beta (def. 8), gamma (def. 9).
–adjective
8.
a. (esp. of animals) having the highest rank of its sex in a dominance hierarchy: the alpha female.
b. being the most prominent, talented, or aggressive person in a group: the alpha male of investment bankers.
9. Chemistry. pertaining or linked to the carbon atom closest to a particular group in an organic molecule.
Origin:
< L < Gk álpha < Sem; cf. aleph
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To Alpha
al·pha   (āl'fə)   
n.  

  1. The first letter of the Greek alphabet. See Table at alphabet.

  2. The first one; the beginning.

  3. Chemistry The first position from a designated carbon atom in an organic molecule at which an atom or radical may be substituted.

  4. Astronomy The brightest or main star in a constellation.

  5. The mathematical estimate of the return on a security when the return on the market as a whole is zero. Alpha is derived from a in the formula Ri = a + bRm, which measures the return on a security (Ri) for a given return on the market (Rm) where b is beta.

adj.  

  1. Being the highest ranked or most dominant individual of one's sex. Used of social animals: the alpha female of the wolf pack.

  2. Chemistry Closest to the functional group of atoms in an organic molecule.

  3. Alphabetical.


[Greek, of Phoenician origin; see lp in Semitic roots.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Financial Dictionary

Alpha

1. A measure of a mutual fund's risk relative to the market. The formula for alpha is the following:

[ (sum of y) - ((b)(sum of x)) ] / n

Where:
n = number of observations (36 mos.)
b = beta of the fund
x = rate of return for the market
y = rate of return for the fund

2. The abnormal rate of return on a security or portfolio in excess of what would be predicted by an equilibrium model like the Capital Asset Pricing Model (CAPM).

Investopedia Commentary

1. An alpha of 1.0 means the fund outperformed the market 1.0%. A positive alpha is the extra return awarded to the investor for taking additional risk rather than accepting the market return.

2. If a CAPM analysis estimates that a portfolio should earn 10% based on the risk of the portfolio but the portfolio actually earns 15%, then the alpha of the portfolio would be 5%. This 5% is the excess return over what was predicted in the CAPM model.

Related Links

Understanding Volatility Measurements
A Statistical View of Mutual Funds
Mutual Fund Basics Tutorial

See also: Beta, CAPM, Jensen's Alpha, Mutual Fund, Weighted Alpha

Also spelled: alfa

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Financial Dictionary

alpha

The mathematical estimate of the return on a security when the market return as a whole is zero. Alpha is derived from a in the formula Ri = a + bRm which measures the return on a security (Ri) for a given return on the market (Rm) where b is beta. See also capital-asset pricing model, characteristic line.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Medical Dictionary

Main Entry: 1al·pha
Pronunciation: 'al-f&
Function: noun
1 : the 1st letter of the Greek alphabet —symbol Α orα
2 : ALPHA PARTICLE
3 : ALPHA WAVE

Main Entry: 2alpha
Variant: or α-
Function: adjective
1 : of or relating to one of two or more closely related chemicalsubstances alpha chain of hemoglobin> <α-yohimbine> —used somewhat arbitrarily to specify ordinal relationship or a particular physical form, especially one that isallotropic, isomeric, stereoisomeric, or sometimes polymeric (as in α-D-glucose)
2 : closest in position in the structure of an organic molecule to a particular group oratom; also : occurring at or having a structure characterized by such a position <α-substitution>
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
Cite This Source
Medical Dictionary

alpha al·pha (āl'fə)
n.


  1. Symbol α The first letter of the Greek alphabet.

  2. The first one in a series; the beginning.

  3. The first position from a designated carbon atom in an organic molecule at which an atom or radical group may be substituted.

adj.

  1. Characterizing the atom or radical group that is closest to the functional group of atoms in an organic molecule.

  2. Relating to one of two or more closely related substances, as in stereoisomers.

  3. Relating to or characterizing a polypeptide chain that is one of five types of heavy chains present in immunoglobins.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Cite This Source
Computing Dictionary

ALPHA language
(Or "Input") An extension of ALGOL 60 for the M-20 computer developed by A.P. Ershov at Novosibirsk in 1961. ALPHA includes matrix operations, slices, and complex arithmetic.
["The Alpha Automatic Programming System", A.P. Ershov ed., A-P 1971].
(1995-05-10)

Alpha
1. A compiler generator written by Andreas Koschinsky and described in his thesis at the Technische Universitaet Berlin. Alpha takes an attribute grammar and uses Bison and Flex to generate a parser, a scanner and an ASE evaluator (Jazayeri and Walter).
The documentation is in german.
(1993-02-16)
2. DEC Alpha.
(1995-05-10)

The Free On-line Dictionary of Computing, © 1993-2007 Denis Howe
Cite This Source
Abbreviations & Acronyms
alpha
alphabetical
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Search another word or see Alpha on Thesaurus | Reference
FacebookTwitterFollow us:
Partner Sites:
Ask AnswersEviteExpediaHotelsHotwireLife123LiveDailyMy Way