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Average daily return for a market neutral strategy

I am just starting out with Algorithmic Trading so bear with me. Currently, I am researching about market neutral strategies (particularly those that adhere to the contest requirements here). What is a "good" number for average daily. weekly, yearly returns from the market neutral strategies?

Thanks in advance!

1 response

10% annually with minimal volatility is a good target, heading up to 20% at the extremes