beta is correlation to the market (usually refers to SPY correlation). Not sure ... | Hacker News

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		blobbers on Jan 26, 2022 \| parent \| context \| favorite \| on: UBS Acquires Wealthfront for $1.4B beta is correlation to the market (usually refers to SPY correlation). Not sure what you're saying.

msoad on Jan 26, 2022 [–]

sorry I meant alpha. oops

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