Alpha#43
Type:
alpha_43• Category:indicators
Description
Alpha#43 - time-series rankings on volume and delta.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
volume | string | select the column with volume | no | |
close | string | select the column with closing prices | no |
Help
Alpha#43
Description
Alpha#43 is a time-series ranking indicator based on volume and delta, derived from the 101 Formulaic Alphas investing strategy. This indicator is part of the Alpha 101 library, developed by Zura Kakushadze.
What does this worker do?
This worker calculates the Alpha#43 indicator, which uses time-series rankings on volume and delta to generate a signal. The indicator is designed to help investors make informed decisions by providing a quantitative measure of market trends.
How to interpret the results
The Alpha#43 indicator generates a value that represents the ranking of the stock based on its volume and delta. A higher value indicates a stronger signal, while a lower value indicates a weaker signal. Investors can use this indicator to identify potential trading opportunities.
Parameters
The following parameters are required to calculate the Alpha#43 indicator:
Parameters List
| Parameter | Type | Description |
|---|---|---|
dataExp | DataFrame | Price data |
volume | string | Column name with volume data |
close | string | Column name with closing prices |
Usage
To use this indicator, simply pass in the required parameters. You can refer to the following GIFs for a step-by-step guide:
Reference
For more information on the 101 Formulaic Alphas investing strategy, please refer to the publication by Zura Kakushadze:
[101 Formulaic Alphas](https://arxiv.org/pdf/1601.00991.pdf)
This publication provides a comprehensive overview of the Alpha 101 library and its applications in investing.