Recent Quant Links from Quantocracy as of 11/04/2025

MicroStrategy has become one of the most polarizing companies in public markets. Once a conventional business intelligence firm, it has transformed into the worlds largest publicly traded Bitcoin proxy, holding over a million BTC on its balance sheet and continuously raising capital to buy more. Supporters praise it as a visionary Bitcoin ETF with leverage, while critics argue it is an

The results of the first set of tests of optimising an indicator via the framework of training a neural net are in, and this post is a presentation of these results and a reflection on this in more general terms. I would encourage readers to look at my previous 2 posts to put this one in context. The following chart plot shows 8 weeks of 10 minute price action in the EURUSD forex pair, with the

Factor investing promised to bring scientific precision to markets by explaining why some stocks outperform. Yet after years of underwhelming results, researchers are finding that the problem may not be the data at all; its the way models are built. A new study suggests that many factor models mistake correlation for causation, creating a factor mirage. Factor investing was born from an

Hello! This weeks research recap brings you the most important investing insights from the past seven days, spanning academic papers, industry reports, social media, and blogs, with direct links to every source. Asset Allocation Dynamic Dragon: Integrating Regime Detection into Strategic Asset Allocation (Ni) This paper refines the Dragon Portfolio proposed by Artemis Capital Management by

Volatility and volatility of volatility are highly correlated and share many similar characteristics. However, there are subtle but important differences between them. In this post, we will examine some of these differences and explore an application of volatility of volatility in portfolio management. Improving Portfolio Management with Volatility of Volatility Managing portfolios using