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Alpha#55

Type: alpha_55 • Category: indicators

Description​

Alpha#55 - negative correlation with normalized price.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
closestringselect the column with closing pricesno
lowstringselect the column with lowest pricesno
highstringselect the column with highest pricesno
volumestringselect the column with volumeno

Help​

Alpha#55

Description​

Alpha#55 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates a negative correlation with normalized price.

What does this worker do?​

This worker calculates the Alpha#55 indicator, which is based on the negative correlation with normalized price. It uses price data, including closing, lowest, highest prices, and volume.

How to interpret the results​

The Alpha#55 indicator provides a value that represents the negative correlation with normalized price. A higher value indicates a stronger negative correlation.

Parameters​

The following parameters are required to calculate the Alpha#55 indicator:

  • dataExp: pandas.DataFrame
    • Price data
  • close: str
    • Select the column with closing prices
  • low: str
    • Select the column with lowest prices
  • high: str
    • Select the column with highest prices
  • volume: str
    • Select the column with volume

Usage​

For a visual guide on how to use this indicator, please refer to the following GIFs:

Full GIF Short GIF

Reference​

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

[101 Formulaic Alphas](https://arxiv.org/pdf/1601.00991.pdf)