Alpha#8

Type: alpha_8 • Category: indicators

Description

Alpha#8 - indicator based on sum of opening, returns, and delay.

Parameters

Name	Type	Description	Required	Default
dataExp	string	price data	no
open	string	select the column with opening prices	no
returns	string	List of returns	no

Help

Alpha#8

Description

Alpha#8 is an indicator used in investing strategy, specifically in the 101 Formulaic Alphas. This indicator is based on the sum of opening prices, returns, and delay.

What does this worker do?

The Alpha#8 worker calculates an indicator value based on the provided parameters. It takes into account the opening prices, returns, and delay to generate a signal that can be used in an investing strategy.

How to interpret the results

The results of the Alpha#8 worker can be interpreted as a signal to buy or sell a stock. A positive value indicates a buy signal, while a negative value indicates a sell signal. The magnitude of the value represents the strength of the signal.

Parameters

The following parameters are required to use the Alpha#8 worker:

• dataExp: price data - The price data used to calculate the indicator.
• open: string - The column with opening prices.
• returns: list of returns - A list of returns used in the calculation.

Usage

To use the Alpha#8 worker, follow these steps:

1. Provide the required parameters: dataExp, open, and returns.
2. The worker will calculate the indicator value based on the provided parameters.

Visual Guide

For a visual guide on how to use the Alpha#8 worker, please refer to the following GIFs:

Publication

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)