In essence, beta is a measure of how a stock’s volatility changes in relation to the overall market. An option's beta is the covariance of the option's return...

A value of beta (systematic risk measure) that is constructed artificially when market-generated betas are not available (or cannot be estimated). To...

The construction of a portfolio using active returns (alpha) as the primary driver of the construction process, instead of asset class betas. More specifically, this...