Is Your Data Predictive? How to Measure Before Risking Capital

Erez Katz, CEO and Co-founder of Lucena Research.   At Lucena, our mission is to bridge the gap between validated data and data-driven professionals. Portfolio managers seek reliable ways to efficiently assess and deploy alternative data for investment decision...
Evaluating your portfolio

Is Your Portfolio Statistically Significant?

    Erez Katz, CEO and Co-founder of Lucena Research. Investors often look at Sharpe ratio to determine a portfolio’s strength. (Sharpe ratio measures a portfolio’s risk adjusted return.) The goal of Sharpe ratio is to assess a portfolio’s returns discounted against...
reinforcement learning for trading

Applying Deep Reinforcement Learning to Trading

An Introduction to Applying Deep Reinforcement Learning to Trading   Deep Reinforcement Learning (DRL) is a combination of two important methods: Deep Learning and Reinforcement Learning that when integrated appropriately provide a powerful approach to learning...