While the two greek letters, alpha and beta are quite diverse from each other. Alpha is a means to measure extra return, though beta is used to evaluate the volatility, or chance, of an asset. The evaluate is backward looking because you’re using historical details within the calculation of beta. https://andredgjkm.blogdanica.com/34038598/alpha-male-vs-beta-male-things-to-know-before-you-buy