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Re:Hedge funds embrace machine learning up to a point by QML on Friday December 08, 2017 @05:02PM (#15882451)
Perhaps these newer hedge funds just want to give off the perception that they know what they’re doing — I’m more sure about a company like RenTech since they have been through a recession and market crash, and has still come up net positive. So how much of this is simply the market rising; how much of this is due to chance? If we can remove these confounding factors then we could maybe actually evaluate the efficiency of ML-based hedge funds (or regular ones).
Re:Hedge funds embrace machine learning up to a point by ben_jones on Friday December 08, 2017 @05:09PM (#15882518)
Re:Hedge funds embrace machine learning up to a point by hendzen on Saturday December 09, 2017 @01:23AM (#15884607)
Many quant funds are market neutral. For every dollar long they have a dollar short. Such funds aren’t necessarily benefiting from an upward rise in the market.
Re:Hedge funds embrace machine learning up to a point by mrigor on Saturday December 09, 2017 @01:41AM (#15884627)
Are you referring to gamma hedging or another strategy?
Re:Hedge funds embrace machine learning up to a point by zeusk on Saturday December 09, 2017 @05:32AM (#15885178)
It's called delta neutral afaik.