Alpha#38
Type:
alpha_38• Category:indicators
Description
Alpha#38 - time-series ranking with ratio.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
open | string | select the column with opening prices | no |
Help
Alpha#38
Description
Alpha#38 is a time-series ranking indicator with ratio, used in investing strategies as part of the 101 Formulaic Alphas. This indicator is based on the research paper by Zura Kakushadze, "101 Formulaic Alphas" [1].
What does this worker do?
This worker calculates a time-series ranking with ratio using price data. It takes into account the closing and opening prices to generate a ranking.
How to interpret the results
The results of this indicator can be used to identify potential investment opportunities. A higher ranking may indicate a more favorable investment opportunity.
Parameters
The following parameters can be configured for this worker:
- dataExp: price data
- Type: DataFrame
- Description: The input price data.
- close: select the column with closing prices
- Type: String
- Description: The column name of the closing prices in the input data.
- open: select the column with opening prices
- Type: String
- Description: The column name of the opening prices in the input data.
Usage
For a visual guide on how to use this indicator, please refer to the following GIFs:
References
[1] Kakushadze, Z. (2016). 101 Formulaic Alphas. arXiv preprint