Alpha (Coefficient) Definition: The calculation of a (alpha in Greek) in the formula for the slope of a line: a + bx = y. If b (beta in Greek) is set at zero, thereby eliminating market price volatility, alpha will measure the investment return for a particular security when compared to the baseline of the S&P Index. Alpha measurements that are positive (e.g., plus 10) mean that the particular stock will yield dividend returns 10 percent greater than the average of the S&P. An alpha of zero is equal to the S&P dividend return; and alpha of minus 5 is 5 percent lower that the S&P. Thus, alpha measures investment return and beta measures price volatility of individual stocks versus a commonly accepted baseline.
(Source: The Complete Words of Wall Street)
http://www.chartpattern.com/about_dan.html
Hello stock fans my name is Daniel J. Zanger and I'm a technical stock analyst and I focus on the most explosive stocks in the stock market today. I do an evening newsletter four times a week for active traders and proactive investors focusing on these stocks for long positions and when appropriate, for shorting.
I'm also the world record holder for the largest percent change for a personal portfolio for a 12 month period of time and an 18 month period of time in the history of the stock market. So far I've had the first twelve months of this incredible record audited by a firm that specializes in auditing professional money managers. For one year the record is 29,233% using margin on high flying Internet stocks during the market bubble from 1998 through 2000. Read the audit "Effron" using the link at the bottom of this page.
I have been featured in FORTUNE MAGAZINE (see link above) and appeared on a segment of EXTRA TV. I was also the weekly host of my own half-hour show on the Business Channel in LA. and I currently have a one hour radio show on KFNN.com on Friday evening at 6 pm EST called Money Matters. I've also been featured in numerous leading trade magazines such as those on the scroll at the top of the home page of this web site.
Over the last fifteen years, I've spent over 10,000 hours studying every type of chart pattern formation imaginable. From Cup and Handle patterns to Falling Wedges, Ascending Triangles, Bull and Bear Flags and too many others to list here now. And lucky for us these patterns repeat over and over and over again!
I combine these patterns with stocks that have unusually higher rates of growth and low number of shares that float. For the average stock I list, growth rates must be up at least 40% for both earnings and revenues growth for their most recent quarters and most stocks that I list have growth rates up 80, 90, 100 and sometimes up 200% and more. It's these high growth rates combined with stocks that have low number of shares that float that make them so explosive.
By registering today, you'll get three weeks of my newsletter "The Zanger Report" (See Sample Report) free. My letter comes out Sunday through Wednesday evening and it's packed with numerous stocks charts and their patterns. I'll give you the ins-and-outs of the Stock Market, what stocks to keep your eye on with their buy and sell points as a result of their chart patterns or trend lines.
