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Pairs Trading

Pairs Trading is a market-neutral strategy aiming to capitalize on price relationships between two similar assets. By identifying pairs...

Key Definitions

Alpha: Alpha is the excess return of an investment portfolio beyond what is expected based on its exposure to market risk (beta).It...

Buffett’s Alpha

by Andrea Frazzini, David Kabiller, and Lasse Heje Pedersen January 9, 2019 The research paper rigorously analyzes Warren Buffett's...

Regardless of market direction +Alpha

Alpha is the excess return achieved by a fund manager after accounting for beta-driven return. Beta refers to the market's overall...

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