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Alpha#73

Type: alpha_73 • Category: indicators

Description​

Alpha#73 - negative max of decays.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
vwapstringselect the column with VWAPno
openstringselect the column with opening pricesno
lowstringselect the column with lowest pricesno

Help​

Alpha#73

Description​

Alpha#73 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates the negative maximum of decays.

What does this worker do?​

This worker calculates the Alpha#73 indicator, which is defined as the negative maximum of decays. It takes in price data and other relevant columns to compute the indicator.

How to interpret the results​

The results of this worker can be used to inform investment decisions. A higher value of the Alpha#73 indicator may indicate a stronger signal.

Parameters​

The following parameters are required to compute the Alpha#73 indicator:

  • dataExp: pandas.DataFrame
    • Description: Price data
  • vwap: str
    • Description: Column name with Volume Weighted Average Price (VWAP)
  • open: str
    • Description: Column name with opening prices
  • low: str
    • Description: Column name with lowest prices

Usage​

To use this worker, simply provide the required parameters. Here is an example:

Full GIF Short GIF

Reference​

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

Zura Kakushadze. (2016). 101 Formulaic Alphas. arXiv preprint

This documentation provides a clear and concise overview of the Alpha#73 indicator, its parameters, and its usage. The included GIFs demonstrate how to use the indicator in practice.