Investing in ESG has been crazy in the past few months. A recent market-neutral backtest showed a 8.73% return (Sharpe of 4.98) for the period of January 1, 2020, to April 22, 2020.
Short-selling opportunities exist using ESG Alternative Data
A long-short portfolio outperforms the equal-weight S&P 500 ETF by 37.9%/year (after transaction costs) using Precision Alpha Alternative Data. Over 91.5% of the total return is pure alpha.
What effect can alternative data sets have on trading algorithms? We asked a few of our teammates and systematic traders what the effect of alternative data sets is on trading algos. We thought we could spread some insight as to why our alternative data is so valuable the also developers. We all start using the […]
$FB’s 19% drop was preceded by TA-LIB and Social Market Analytics indicators to sell. The $120 Billion drop in market cap could have been an opportunity to short sell before the market close the previous night.
CloudQuant, one of 50’s Most Promising FinTech Solution Providers of the year, has allocated risk capital to a crowd resourced trading strategy. The strategy’s creator, an Australian based crowd researcher, leveraged CloudQuant’s market simulation and python based back-testing tools, to prove the algorithm’s performance and profitably within approved risk parameters.
In these times of market turmoil and volatility, the Kershner Trading Group stands ready to provide traders with a firm built on a strong foundation of significant capital investment, innovation-focused trading technology and decades of experience in the active and proprietary trading space.
Kershner Trading is actively seeking experienced US Equities Traders
If you knew your trading strategy would work 50% of the time, would you commit your scarce savings to trade it? What if it worked 75% of the time? Backtesting gives one the confidence to know that your trading strategy will work.
December 19, 2017 Monday Google pressed new highs, but Tuesday closed out the day with a Harami Sell signal. Watch out for today. A negative close today boosts the negative outlook with the emergence of a Three Inside Down pattern. In this event, it will most likely mean that there will be a “little coal in Google stockholders stockings for Christmas”.
CloudQuant’s CEO was interviewed by Anthony Crudele of Futures Radios show to discuss topic including Artificial Intelligence, Machine Learning, and Deep Learning applied to algorithmic trading. Alternative datasets are a major topic of discussion. People are saying that data is being created faster than ever before. That really isn’t true. What is really happening is that data is being captured and stored at a faster rate than ever before. Vendors are now making AltData available for traders to change the way that they interact with the markets. This applies to futures and stocks with the popularity of Deep Learning in algorithmic trading strategy development.