Gekko Forum
Help with understanding Alpha in Profit Report - Printable Version

+- Gekko Forum (https://forum.gekko.wizb.it)
+-- Forum: Gekko (https://forum.gekko.wizb.it/forum-13.html)
+--- Forum: General Discussion (https://forum.gekko.wizb.it/forum-14.html)
+--- 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