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Alpha#80

Type: alpha_80 • Category: indicators

Description​

Alpha#80 - negative power of sign and ts_rank.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
openstringselect the column with opening pricesno
highstringselect the column with highest pricesno
volumestringselect the column with volumeno

Help​

Alpha#80

Description​

Alpha#80 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates a negative power of sign and ts_rank.

What does this worker do?​

This worker calculates the Alpha#80 indicator using the provided price data. It takes into account the opening prices, highest prices, and volume.

How to interpret the results​

The results of this indicator can be used to inform investment decisions. A higher value may indicate a stronger signal, while a lower value may indicate a weaker signal. The interpretation of the results depends on the specific investment strategy and goals.

Parameters​

The following parameters are required to calculate the Alpha#80 indicator:

  • dataExp: price data
    • Type: DataFrame
    • Description: Price data used to calculate the indicator
  • open: select the column with opening prices
    • Type: String
    • Description: Column name with opening prices
  • high: select the column with highest prices
    • Type: String
    • Description: Column name with highest prices
  • volume: select the column with volume
    • Type: String
    • Description: Column name with volume

Usage​

To use this indicator, simply provide the required parameters and run the worker. The output will be the calculated Alpha#80 indicator.

Visual Guide​

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

Full GIF Short GIF

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)