Α (Alpha)
Α (Alpha) is the first letter of the Greek alphabet, symbolizing the beginning or the first in a series. It is often used in various fields, including mathematics and science, to denote the first variable or the primary element in a set. In the context of finance, Alpha represents the excess return of an investment relative to the return of a benchmark index.
In addition to its numerical significance, Α (Alpha) is also associated with leadership and dominance. In social sciences, the term Alpha male refers to a dominant individual in a group, often seen as a leader. This concept extends to various species, including humans, where social hierarchies are observed.