The Q17 Contest is running!

[news-quantiacs]

Hello quants! The submission phase for the Q17 Quantiacs contest started. You have time until end of April 2022 to submit your code. Once the live evaluation phase is over the best systems will receive allocations for a total of 2M USD.

This contest focuses on cryptocurrency data as the Q16 but it allows for shorting.

Photo by Art Rachen on Unsplash

In your user area you will find a Q17 Quick Start template which will show you how to use a simple filter function for automatically selecting the top-10 cryptocurrencies avoiding survivorship bias, and a more compex example using machine learning methods.

We will announce soon a new contest on new asset classes. Send us your comments in the Forum!

[cespadilla]

@news-quantiacs That's great Thanks!

[anshul96go]

@news-quantiacs
Can the output be 0 too? It will mean that continue with the position and take no action.

The broader question is this:
Consider a cryptocurrency, say BTC. My algorithm gave an output of 1 for BTC on day t. So, we bought bitcoin. If my algorithm gives signal of +1 on t+1, does it mean that more BTC will be bought or will it just hold the past position?

[news-quantiacs]

@anshul96go Hello,

1. an output of "0" means that on that day the specific asset which has a weight of "0" gets no allocation at all; it will not continue with the position, it will close all positions if they are open;

2. a weight of "1" means that all the capital will be allocated to BTC for example, and the system will go long; a weight of "-1" means that all the capital will be allocated to a fully short BTC.

The output your algorithm defines (weights) correspond to the fraction of capital you want to allocate (with the convention that the sum of the absolute values must be smaller than 1, otherwise it will be automatically normalized to 1); negative weights -> short positions.

[magenta.grimer]

how many strategies can a participant submit for q17 live trading phase?
15 or 50?

[support]

@magenta-grimer Hello, you can have at most 50 running submissions in your user area. You can stop any of them any moment and replace it with another one.

Before the end of the Q17 submission phase, you should select at most 15 of them. These will take part to the live contest.