Home

Trading Alphas - Mining, Optimisation, System Design | An Introduction

URL
https://www.youtube.com/watch?v=4MOEwls4Ibg
Views
14
Description
**NEW COURSE LAUNCHED** Link: https://quantra.quantinsti.com/course/trading-alphas-mining-optimisation-system-design Why should you choose micro alpha models over other trading strategies such as traditional factor models, risk-parity or trend following? In short, these models, if built well, can provide better performance, stability and risk management than other trading systems. In this course, you will learn where micro-alphas reside and how to write most efficient codes to quickly analyse, backtest, optimise and go live with your trading strategy in the least amount of time possible. Since the success story of Renaissance Capital and the Book “The man who solved the markets”, awareness of a specific trading style has been raised, which is now sometimes referred to as “Micro-Alpha”. The term alpha is a measure of the idiosyncratic returns a trader can achieve, returns that are different and uncorrelated to the returns of the market. In a sense, alpha is therefore a measure of the skill of a portfolio manager, rather than luck or generating good returns because the market happens to move in a favourable direction. Why is an alpha performance more desirable? Because, alpha returns are not exposed to the fluctuations of the market while returns arising from beta also give you strong exposure to the downside. The greek letters alpha and beta are simply regression coefficients for the linear regression between the market and your strategy. Based on that simple assumption, the t
Rating
5
Name
Quantra
Date
2022/11/11
TOP