- 21 Jul 2017, 16:42
#1573
Numerai
https://numer.ai/leaderboard
Numerai is a crowdsourced hedge fund for machine learning experts.
Richard Craib the founder believes that some of the best stock pickers aren’t on Wall Street. The former hedge funder came to the realization that tech’s machine learning experts may be able to build better predictive models than those with finance backgrounds. The startup hopes to attract the best and brightest minds at companies like Google and pay them for their AI skills.
Numerai is an open access hedge fund, anyone is allowed to participate it works by building its own financial model that incorporates the algorithms submitted by others. The team democratizes participation by making the data readily accessible, but ensures that it is encrypted and not shareable.
It is a data science competition for which you predict a binary variable on an encrypted data set. This data set gets renewed every 7 days when the round ends.
At the end of each 7-day round, users placed in the top ~30 on the leader board get paid out.
I have already invested a small amount in it. I am trading it on a short term basis with in and out entries to grasp 10 to 20 % here and there. What do your guys think about it?
What is your view or trading approach about this instrument? Are you considering trading it? Any chart, advice?
https://numer.ai/leaderboard
Numerai is a crowdsourced hedge fund for machine learning experts.
Richard Craib the founder believes that some of the best stock pickers aren’t on Wall Street. The former hedge funder came to the realization that tech’s machine learning experts may be able to build better predictive models than those with finance backgrounds. The startup hopes to attract the best and brightest minds at companies like Google and pay them for their AI skills.
Numerai is an open access hedge fund, anyone is allowed to participate it works by building its own financial model that incorporates the algorithms submitted by others. The team democratizes participation by making the data readily accessible, but ensures that it is encrypted and not shareable.
It is a data science competition for which you predict a binary variable on an encrypted data set. This data set gets renewed every 7 days when the round ends.
At the end of each 7-day round, users placed in the top ~30 on the leader board get paid out.
I have already invested a small amount in it. I am trading it on a short term basis with in and out entries to grasp 10 to 20 % here and there. What do your guys think about it?
What is your view or trading approach about this instrument? Are you considering trading it? Any chart, advice?
Cheers,
G
G