The good folks over at Transtrend (the 12th largest managed futures program in our top 100 managers infographic) are out with a new research piece via the CME that throws the whole Alpha concept out the window. They agree with the classical definition of Alpha as the amount of return not explained by the chosen […]
Category: Statistics
23
May
2019
The equation of an algo
Trade idea testing + trade order execution + trade size generation = algo??? That’s one way to look at it, and indeed we have a whole in-house team dedicated to building algos to do some of these pieces every day with our RCM-X team. While the difference between an alpha generating algo and an execution […]
09
May
2019
Quants, Algos, and AI
A recent graphic by Tractica shows that over $7.5 Billion dollars is forecasted to be spent on Algorithmic trading strategy improvement via AI in the next 10 years. Wow! That’s a lot of quants in the world’s payroll. What exactly is a quant? How do algorithms (algos) fit in? And what does Artificial Intelligence have […]
28
Mar
2019
Hailing a ride on the Uber IPO? View this first.
We first updated our infographic when LYFT went public on March 29th. It’s down 40%+ since then. But what do you get when you add 1 part $Lyft, 3 parts $Uber, a dash of Pinterest, and pinch of Slack? The return of a potential IPO frenzy, where everyday investors can get involved with some of […]
20
Mar
2019
March Madness Shows Just How Little We Understand Probabilities
March madness is baaaaacccckkk. And so is FiveThiryEight and others like them running boatloads of statistical analysis to arrive at probabilities for each team advancing through each round. Duke with a 91% chance to reach the Sweet 16 and 52% chance to reach the Final Four. Sign me up, those are some pretty good […]
