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Contest 19: +345% annual returns

My contest 19 entry has 345% annual returns but is ranked 424. Make no mistake, this is a strategy I'm actually using -- which means I am "winning" even if Quantopian believes I'm "losing". The top ranked algo has about a 45% annual return at this point. That's not strong. So -- it would take about 8 years at that return to achieve what my algo is doing in 1. LOL. (It is also fairly embarrassing to be beaten by this strategy at all.) Is this place for real or merely amateur hour?

2 responses

That is a good return OOS. But, your algo doesn't have the "Beta to SPY between -0.3 and 0.3" or the "Hedged" badges. That places your algo below all the algos that do have all three badges no matter what your return is.

your backtest is 26% with sharpe of 0.75, seems like lucky short-term streak to me.