You run a regression of a stock's excess return on the market excess return and obtain the following results Multiple R 0.35 R Square 0.12 Adjusted R Square 0.02 Standard Error 38.45 Observations 12 Intercept Market Coefficients 4.05 1.32 Standard Error 15.44 0.97 t Stat 0.26 1.36 P-value .80 .10 The alpha of the stock is 0.12 0.35 1.32 04.05 0