Conor - has Koyfin done any work analyzing the effectiveness of these strategies on profit performance? I know you’re in the business of selling the “picks and shovels” but it would be helpful given the data and tool availability to provide a perspective of what’s working generally rather than individually.
Hey Bob, thanks for taking the time to read and comment.
We haven't conducted any studies on this. As you mentioned, we are in the business of presenting the data, and don't have the resources to have a research arm. The data we would require to conduct such a study would extend out width the data we have inside of the terminal.
Being a GT MS analytics major, you could determine the effectiveness of each strategy very easily using data analytics and would only involve creating a separate screen to show the results of each strategy EOD.
My iPhone has enough computing power to do that let alone your computing resources!
I’m looking for a sponsor for my practicum in about a yr; would Koyfin be interested?
Interesting and exciting work, Conor. Two follow-on comments...
01. Peter (along with many institutional investors) relied on the long-gone MC Horsey charts for what you call the "Peter Lynch chart." It was one 'secret' that was actively shared. Bill O'Neill used the Horsey charts as the template for his weekly Datagraphs books, also now long-gone.
02. Institutional (and other professional) investors today, and for the past several years, use VWAP (and Anchored VWAP) wholly differently than retail investors. You can see it in real time every session ~10 minutes prior to the [NY markets] regular session's close, at which time price gives ground, in the opposite direction to that day's trend, to accommodate the surge in VWAP order flow.
Conor - has Koyfin done any work analyzing the effectiveness of these strategies on profit performance? I know you’re in the business of selling the “picks and shovels” but it would be helpful given the data and tool availability to provide a perspective of what’s working generally rather than individually.
Hey Bob, thanks for taking the time to read and comment.
We haven't conducted any studies on this. As you mentioned, we are in the business of presenting the data, and don't have the resources to have a research arm. The data we would require to conduct such a study would extend out width the data we have inside of the terminal.
Maybe some day though!
Being a GT MS analytics major, you could determine the effectiveness of each strategy very easily using data analytics and would only involve creating a separate screen to show the results of each strategy EOD.
My iPhone has enough computing power to do that let alone your computing resources!
I’m looking for a sponsor for my practicum in about a yr; would Koyfin be interested?
Hey Bob, this isn’t something we’d sponsor currently.
Interesting and exciting work, Conor. Two follow-on comments...
01. Peter (along with many institutional investors) relied on the long-gone MC Horsey charts for what you call the "Peter Lynch chart." It was one 'secret' that was actively shared. Bill O'Neill used the Horsey charts as the template for his weekly Datagraphs books, also now long-gone.
02. Institutional (and other professional) investors today, and for the past several years, use VWAP (and Anchored VWAP) wholly differently than retail investors. You can see it in real time every session ~10 minutes prior to the [NY markets] regular session's close, at which time price gives ground, in the opposite direction to that day's trend, to accommodate the surge in VWAP order flow.
Thank you for another excellent post.
Thanks for another excellent comment, David.
Always appreciate you taking the time out of your day to sprinkle some knowledge into the comment section.
Thank you, Conor, for your kind and generous words.
I sent a private message; I do not want to clog up the works here with my ravings. :-)
More data to look at before losing money.. exciting!
Lets gooooooo