ALPHA
Price
Fundamental
Trend
Reversion
Sentiment
Yield
Growth
Quality
⏱
Time Horizon
📊
Bet Structure
🔧
Instruments
theory driven alpha models
systematic thinking for systematic returns
α = f(phenomenon, specification, implementation)
where phenomenon ∈ {price, fundamental}
specification = model(forecast, conditioning)
implementation = execute(horizon, structure, instruments)