Algorithm Performance: 08/25/2022
Performance Rankings
The Market: +1.03%
Base Algorithm: +0.84%
Long Term Portfolio: +0.62%
Experimental Market Neutral: +0.28%
Experimental Sector Neutral: +0.11%
Market Neutral: +0.04%
Sector Neutral: -0.1%
What Happened And Why?
There’s . . . not much to say today. Our returns are within expectations. We’re still looking into alternate ways of calculating the strength of trading signals, but at this time there are no results I can share.
I’d like to highlight the performance of our experimental hedgers today, since hedging (either with the market or sectors) was a terrible move today.
Today, individual tickers largely advanced in excess of the market and individual sectors. Our hedging actively worked against us. And yet . . .
Our modeling just worked harder. Given mostly losing options, both experimental hedgers came out positive anyways. I’m continuing to push for the experimental hedgers to see a full release, but they’re gonna need outperform for a little longer first.
Tomorrow’s Outlook
The full algorithm reports will be published tomorrow morning, once Allen has had a chance to vet its recommendations. In the meantime, here are our tentative exposures for the trading day tomorrow:
That’s all for tonight. Good luck tomorrow everyone, let’s hope this market keeps climbing.
-Asher
