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15 More Community Members Licensed

Below is our latest community newsletter. There's some big news for the community and new templates to try out. Enjoy!


Last month, we licensed strategies from 15 community members! 14 of them were discovered via their entries into our daily contest .

Interested in getting your strategy evaluated for our portfolio? Our daily contest is the best way to do so. In order to help you, below are some of our latest resources.

Getting Started on Quantopian
Our new resource guide will help you get started on Quantopian. It features tutorials and lectures, vetted by professors at Cornell ORIE and Harvard IACS, that will teach you how to research, develop, and evaluate your investment algorithm.

Using Sales Size as a Factor
As we continue to evaluate and add strategies to our portfolio, we are specifically interested in ideas that take advantage of a broader range of fundamental factors. Last month we shared our fundamental factor library.

We recently added a new template using sales size data as a sample factor as a starting point. Clone, improve it, and try it in the contest!

Break into Quant Finance at QuantCon BOSTON - April 3-5th
Early bird tickets are now on sale for Quantopian's annual quant conference! QuantCon 2019 features expert quant speakers, like Dr. Ernie Chan, Dr. Jess Stauth, Dr. Thomas Wiecki, and Daniel Nehren, two full days of algo-building workshops, and ample networking opportunities. Space is limited and we will sell out. Reserve your spot today.

Disclaimer

The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.

5 responses

How many licenses have been distributed in total so far, if it is not a business secret?

Hi there, I am new to Quantopian and have some questions. I saw you mentioned that there is one person that has licensed strategy without joining the contest. May I know who this is? How can my strategy be licensed without joining the daily contest?

Hi Max, i trust all is well with you ;-)) I saw Seong's post about your "curated library of fundamental factors", namely FCF/EV, Debt/toAssets, CAPEX volatility, and "Sales Size" = Rev/MktCap. Looks good, and now leads me to the following question:

I understand that, especially for the purpose of making allocations, Q puts a lot of emphasis on finding "Specific" rather than "Common" returns. Am i right? If so then good, in terms of encouraging people to find a more diverse set of factors, i.e. new ones that are not part of the now-well-known set of "common" factors.

Q lists for us what are considered the "common" factors. Although most of these are well-known outside as well as within Q, they do not constitute any sort of universally accepted definition. Presumably the notion of what is "specific" (i.e. new) vs "common" (i.e. already well-known) is not fixed even within Q, and therefore presumably over time the definitions of what is considered "specific" and what is "common" will change, am i right?

I guess that probably eventually, after some of the "new" (specific) factors become better-known and are not-so-new anymore, they will then be migrated to the "common" list . It that right? If so, are the items that are placed in the "curated" list now considered to be (added to the list of) "common" factors, rather than being "specific" factors any more? Or, if this is not already the case, is that what Q is planning to implement?

If so, how do these "curated library of fundamental factors" rank in terms of Q's licensing eligibility criteria, as compared to any not-yet-curated "specific factors"?

how was the 1 user that wasn't entered in the contest discovered?

The link above to the new template (sales size data) doesn't seem to be working.