Weekly Algorithm Review: 02/25/2023 to 03/03/2023
Algorithm Performance This Week
Overall Market: +1.47%
Variable Sector Neutral: +1.24%
Base Algorithm: +1.1%
Variable Market Neutral: +0.49%
Long Term Portfolio: +0.44%
Sector Neutral: +0.15%
Market Neutral: -0.26%
Not many comments this week. For the most part, things worked exactly as intended. The only outlier is Variable Sector Neutral - which, by design, should have fallen between the Base Algorithm and Sector Neutral. Though as we’ve seen, the variable hedgers will sometimes stray from their expected result.
I’m pretty happy with performance this week. The Base Algorithm beat the underlying portfolio by more than 50 bps, meaning technicals were a positive for us. This isn’t one of our biggest weeks, but it’s enough to make up for last week being slightly red, and then some.
The only reason we underperformed the market is that our long term portfolio underperformed. It’s hard to consider this a red flag, given its much longer investment horizon. Even several weeks is too small of a sample size to evaluate it well.
What’s In The Pipeline?
We attempted to launch the HK Screener last week, but have hit a snag on it. I’ll be doing a deep dive into it this afternoon, so hopefully we can have it operational and online on Tuesday. It’s worked successfully in our test server, so at this time I’m not sure what the problem is.
We’ve also begun work on a GPT-powered chatbot for the Discord. At this time, results are promising but too inconsistent for a release. We’re working on integrating it with existing systems, and making sure it has some way to catch itself if it’s giving clearly wrong information. It’s unlikely we’ll have a beta release in the next week, but be on the lookout for a demo or two.
Misc. Data For The Week
