Alpha#55
Type:
alpha_55• Category:indicators
Description
Alpha#55 - negative correlation with normalized price.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
low | string | select the column with lowest prices | no | |
high | string | select the column with highest prices | no | |
volume | string | select the column with volume | no |
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:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: