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Alpha#1

Type: alpha_1 • Category: indicators

Description​

Alpha#1 - indicator based on price returns, standard deviation, and other parameters.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
closestringselect the column with closing pricesno

Help​

Alpha#1 Indicator

Description​

The Alpha#1 indicator is a part of the 101 Formulaic Alphas investing strategy, developed by Alpha 101. This indicator is based on price returns, standard deviation, and other parameters.

What does this worker do?​

The Alpha#1 indicator calculates a specific alpha factor used in the investing strategy. It takes into account price data and closing prices to generate a signal.

How to interpret the results​

The results of the Alpha#1 indicator can be used to inform investment decisions. A higher value may indicate a stronger signal, while a lower value may indicate a weaker signal. The exact interpretation of the results depends on the specific investment strategy and goals.

Parameters​

The Alpha#1 indicator takes the following parameters:

  • dataExp: price data
    • Description: The price data used to calculate the alpha factor.
  • close: column with closing prices
    • Description: The column with closing prices used to calculate the alpha factor.

Usage​

To use the Alpha#1 indicator, follow these steps:

  1. Provide the required parameters: dataExp and close.
  2. The indicator will calculate the alpha factor based on the provided data.

Visual Guide​

The following images demonstrate how to use the Alpha#1 indicator:

Full GIF Short GIF

Reference​

For more information on the 101 Formulaic Alphas, please refer to the publication:

[Zura Kakushadze, "101 Formulaic Alphas"](https://arxiv.org/pdf/1601.00991)