Enhanced beta

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Look out — someone’s seen you coming. Given that beta is defined as the unenhanced market average — then a salesperson who comes along hawking the idea of enhancing it is either a moron, or up to no good. This might be just that occasion where “and/or” is justified: the most likely case is that such a person is both a moron and is up to no good, but it could be one or the other. But I still can’t bring myself to do it.

See also

• Greeks - the home of all things Greek on this site. It’s our own little Athens.
• Alpha
• Beta
• Delta
• Nu - a trick for young players — and those with a degree in Classics.
• Omega — the end of days, and the right time for backtesting
• Vega — not really a Greek at all, but a maudlin singer-songwriter
• Enhanced beta
• Leveraged alpha