@nongnat Hi,
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Ranking metric is Sharpe Ratio of the Contest Period (specifically for Q24 Contest it is April 1, 2026 - July 31, 2026).
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Unique user - each user can only win one prize .
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The prize structure is the same as all earlier competitions - allocation to top 7 submissions with structure $1M / $750K / $500K / $100K / $50K × 3
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The notebook example/template is made for Q24 Contest. Scale date in the template is chosen randomly just as simulation, to present how the scaling function works. Q24 dates are:
- Last date for Q24 submissions -> March 31, 2026
- Scale date -> July 31, 2026
- Live payouts -> September 1, 2026 - September 1, 2027
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'In Contest' - submissions selected to participate to certain contest, and contest is still in the Contest Period (like Q24 at the moment).
'After Contest' - submissions from all earlier completed contests.
Strategies in Candidates, cannot be selected to running contests in which Entry phase is over (Contest Period started). -
SubmissionEquity <= 1.0 - no payouts. SubmissionEquity > 1.0 but underperforms the benchmark - no payouts. SubmissionEquity > 1.0 and overperforms the benchmark, there are payouts calculated by the formula.
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Payouts are calculated at the end of each month of Payout phase, based on the profit generated relative to the benchmark (only new profits):
Prize * 0.1 * (PayoutScore – 1.0),
which means 10% of the profit generated.
You can also check the Official rules for Q24 https://quantiacs.com/contest/24.
Please feel free to ask if you have any further questions.
Best regards,