Finding Alphas: A Quantitative Approach to Building Trading Strategies

Written by experienced practitioners from WorldQuant, including its founder and CEO Igor Tulchinsky, this book teaches you how to design alphas, a crucial aspect of successful trading systems. It provides detailed insight into generating trading signals and gives access to the necessary tools for exploration. Suitable across various regions, it covers methods for uncovering hidden signals in data through diverse viewpoints on alpha design, ranging from abstract theory to concrete technical aspects.

Learn about information research dos and don’ts, fundamental analysis, statistical arbitrage, alpha diversity, and more. The book delves into advanced areas and complex designs, offering practical guidance on using WorldQuant’s online simulation tool WebSim® for hands-on practice in alpha design. Alpha is an algorithm that trades financial securities, and this guide shows you the ins and outs of its creation.

Explore a collection of essays providing diverse perspectives on alpha design, and visit the companion website at www.worldquantchallenge.com for additional examples with formulas and explanations. This practical guide is essential reading for anyone seeking to improve their trading strategies.

Note: The book was published by Wiley on October 26, 2015, has a print length of 272 pages, and is available in English with ISBN-13: 978-1119057864 and ISBN-10: 1119057868. Its dimensions are 6.2 x 0.8 x 9.1 inches.