Andrius Sikov: Combining multiple alternative datasets generates more durable trading alpha
Andrius Sikov · Panel: Alternative Data in Financial Services (FirstMark's Data Driven) · Mar 24, 2017 · at 46:50
Andrius Sikov discusses how quantitative hedge funds generate sustainable excess returns (alpha) from alternative data at a panel hosted by Matt Turck.
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“It's, it decays pretty fast for most data sets unless you find something very proprietary that nobody else is looking at. What we find alpha in is combining the data sets and bringing them together, and then when the, that's when the data really starts speaking to you. That alpha is much more sticky, much more stable, because people are not combining the data sets together, it's hard to do.”
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