ALPHA.ROM – WHAT DOES BETXT VS SNP UP 14% MEAN?

BETXT VS SNP up 14% may not ring an immediate bell, but what it means is that SNP underperformed BETXT by the respective amount in 25 days. So if you had a portfolio of BETXT stocks without SNP, the portfolio would have done better than just holding SNP in the last month. Stock selection is a key aspect for investment. A bad stock can lead to a drop in portfolio performance, a good stock held too long could also cause a drawdown. In any case selection and relative allocation is paramount. Performance pairs in ALPHA not only pinpoint outperformers, but also the duration of outperformance. To understand more about performance cycles, write to us today.
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ALPHA is a pair trading, long only and short only strategy product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.
TIME ARBITRAGE portfolio has five pairs now viz. BRD-BET, BETXT-SNP, SIF2-SIF5, BRD-BETXT, BET-SNP. The above tracker will be updated on a daily basis. The freshly opened trades will have the shortest holding periods. The type of trade will be depicted in the degree i.e. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). The legs should be risk weighted before any implementation. We are assuming a running stop loss of 4% per traded pair. BRD/BET means LONG BRD, SHORT BET. This also means +A-B. When the pair inverts to BET/BRD, it would mean SHORT BRD, LONG BET meaning -A+B.
LONG ONLY, SHORT ONLY portfolio covers SIF2, SIF5, BRD, ERST, TGN. BET, BETFI, BETNG, BETXT, SNP.
STOP LOSS AND EXITS are activated at 4%
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