This character is a Other Letter and is mainly used in the Hebrew script. The character is also known as aleph.
The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it is written from right to left. When changing direction it is not mirrored. This letter joins with other adjacent letters and numbers to form a word. The word that U+05D0 forms with similar adjacent characters and the hyphen prevents a line break inside it. The glyph can be confused with 3 other glyphs.
The Wikipedia has the following information about this codepoint:
Aleph (or alef or alif, transliterated ʾ) is the first letter of the Semitic abjads, including Arabic ʾalifا, Aramaic ʾālap 𐡀, Hebrew ʾālefא, North Arabian 𐪑, Phoenician ʾālep 𐤀, Syriac ʾālap̄ ܐ. It also appears as South Arabian 𐩱 and Ge'ez ʾälef አ.
These letters are believed to have derived from an Egyptian hieroglyph depicting an ox's head to describe the initial sound of *ʾalp, the West Semitic word for ox (compare Biblical Hebrew אֶלֶף ʾelef, "ox"). The Phoenician variant gave rise to the Greek alpha (Α), being re-interpreted to express not the glottal consonant but the accompanying vowel, and hence the Latin A and Cyrillic А.
Phonetically, aleph originally represented the onset of a vowel at the glottis. In Semitic languages, this functions as a prosthetic weak consonant, allowing roots with only two true consonants to be conjugated in the manner of a standard three consonant Semitic root. In most Hebrew dialects as well as Syriac, the aleph is an absence of a true consonant, a glottal stop ([ʔ]), the sound found in the catch in uh-oh. In Arabic, the alif represents the glottal stop pronunciation when it is the initial letter of a word. In texts with diacritical marks, the pronunciation of an aleph as a consonant is rarely indicated by a special marking, hamza in Arabic and mappiq in Tiberian Hebrew. In later Semitic languages, aleph could sometimes function as a mater lectionis indicating the presence of a vowel elsewhere (usually long). When this practice began is the subject of some controversy, though it had become well established by the late stage of Old Aramaic (ca. 200 BCE). Aleph is often transliterated as U+02BEʾMODIFIER LETTER RIGHT HALF RING, based on the Greek spiritus lenisʼ; for example, in the transliteration of the letter name itself, ʾāleph.