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Dynamic Data Science Applications in Optimal Profit Algorithmic Trading

2020· article· en· W3088656252 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldDecision Sciences
TopicStock Market Forecasting Methods
Canadian institutionsUniversity of ManitobaToronto Metropolitan University
Fundersnot available
KeywordsTrading strategyPairs tradeSharpe ratioKalman filterComputer scienceSmoothingStatistical arbitrageAlgorithmic tradingProfit (economics)Technical analysisGaussianEconometricsData miningMathematical optimizationArtificial intelligenceFinanceAlternative trading systemEconomicsMathematicsPortfolioMicroeconomics

Abstract

fetched live from OpenAlex

Many of the challenges and opportunities of data science in finance involve recursive smoothing, forecasting, filtering and pattern mining. Recently there has been a growing interest in using filtered estimates for dynamic hedge ratios for pairs trading. Moreover, rolling estimates and forecasts are used for pattern mining in technical analysis. Kalman filtering algorithms were successfully applied in pairs trading with only two co-integrated assets. In this paper, pairs trading strategy is extended to multiple trading (with more than two assets) strategy. Recently proposed non-Gaussian maximum informative filtering algorithms for dynamic state space models are used to obtain the filtered estimates of hedge ratios and applied in multiple trading. It is shown that the proposed multiple trading strategy outperforms (with higher profits) the commonly used pairs trading strategy using real data. A data-driven approach for selecting a parameter which maximizes the Sharpe ratio (SR) to generate optimal trading signals is also discussed in some detail.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.008
metaresearch head score (Gemma)0.010
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.970
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0080.010
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.005
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0050.001
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.276
GPT teacher head0.474
Teacher spread0.198 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Quick stats

Citations21
Published2020
Admission routes1
Has abstractyes

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