Interpret Alpha & Beta with Regression

Interpreting portfolio performance isn’t just about comparing returns—it’s about understanding what drives them. In this intermediate-level course, you’ll learn how to use regression analysis to separate market influence from manager skill through two key metrics: alpha and beta. You’ll start by exploring what these measures reveal about portfolio risk, return, and decision-making quality. Then, you’ll apply regression techniques to calculate and interpret beta for real stocks, translating statistical output into clear investment insights. Through short videos, readings, and hands-on exercises, you’ll gain practical experience explaining how portfolios perform relative to the market—and what that means for risk-adjusted evaluation. By the end, you’ll be able to interpret regression results confidently, communicate findings to technical and non-technical audiences, and make informed judgments about investment performance and strategy.