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shield Alpha Risk & Portfolio Management % The return earned above what an asset's risk exposure would have predicted. Alpha = Actual Return - [Risk-Free Rate + Beta x (Market Return - Risk-Free Rate)] chevron_right

An open reference of 840 stock market terms — definitions, formulas, units, plain-English explanations and worked examples across 14 categories.

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Stockion is a free reference for anyone learning how Indian markets work — students, new investors and the merely curious. Every entry is written to be read on its own, in plain English.

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Stockion is a dictionary. Nothing on this site is investment advice, and nothing here is a recommendation to buy or sell any security. Every figure in an example is illustrative and chosen to make the arithmetic clear — none of it is a live price, a quote, or a valuation of any real company. No page here predicts price direction or scores a stock. Markets carry risk, including loss of capital; speak to a SEBI-registered investment adviser before acting on anything you read.