@article {Bouchey40, author = {Paul Bouchey and Mary Fjelstad and Hemambara Vadlamudi}, title = {Measuring Alpha Potential in the Market}, volume = {2}, number = {2}, pages = {40--47}, year = {2011}, doi = {10.3905/jii.2011.2.2.040}, publisher = {Institutional Investor Journals Umbrella}, abstract = {In this article, the authors formally define a measure of cross-sectional volatility, demonstrate potential uses for a set of indices that track this metric, and establish a strong, positive relationship between cross-sectional volatility and active manager dispersion.TOPICS: Passive strategies, volatility measures, manager selection, VAR and use of alternative risk measures of trading risk}, issn = {2154-7238}, URL = {https://jii.pm-research.com/content/2/2/40}, eprint = {https://jii.pm-research.com/content/2/2/40.full.pdf}, journal = {The Journal of Beta Investment Strategies} }