Explain in your own words what beta and alpha measure.

Also, provide an interpretation of the results of alpha and beta for this three companies:

symbol	ActivePremium	Alpha	AnnualizedAlpha	Beta	Beta-	Beta+	Correlation	Correlationp-value	InformationRatio	R-squared	TrackingError	TreynorRatio

1	AJG	0.1075	0.0118	0.1518	0.6184	0.7068	0.3936	0.6408	0.0000	0.6551	0.4106	0.1641	0.3704
2	ALL	-0.0227	0.0023	0.0274	0.6396	0.7035	0.5738	0.6499	0.0000	-0.1388	0.4224	0.1635	0.1546
3	ERIE	0.0234	0.0103	0.1314	0.2771	0.1482	0.3170	0.2374	0.0297	0.0886	0.0564	0.2648	0.5233