Trading
Alpha
QUICK DEFINITION
Alpha in Elliott Wave Theory: The excess return of an investment relative to its benchmark index. In Elliott Wave trading, alpha is generated by identifying high-probability wave setups that the broader market has not yet recognized.
What Alpha Means
The excess return of an investment relative to its benchmark index. In Elliott Wave trading, alpha is generated by identifying high-probability wave setups that the broader market has not yet recognized.
Where You'll See It
Alpha appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the trading family of Elliott Wave concepts and shows up most often when analysts are translating a wave count into an actual trade setup with entry, target, and invalidation.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments