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+--- Thread: Help with understanding Alpha in Profit Report (/thread-57901.html)
Help with understanding Alpha in Profit Report - wilbertvdl - 04-14-2019
Hi all,
To my understanding, the Alpha metric reflects how a strategy performs against the market but I still have some difficulties interpreting the following:
Profit report
Start balance
0.38469
Current balance
0.41706
Market
0.00087 ETH (2.74146 %)
Profit
0.03237 ETH (8.41522 %)
Alpha
-2.70908 ETH
So initially I would assume that my strategy outperforms the market quite nicely, but I still end up with a negative Alpha.
Can someone please shed some light on this?
Thanks in advance!
Cheers,
Wilbert
RE: Help with understanding Alpha in Profit Report - wilbertvdl - 05-01-2019
Anyone?