Learn what active risk is and how to calculate it. Understand the methods to evaluate active risk in portfolios and explore examples of funds outperforming benchmarks.

Abstract: This paper investigates the use of Probabilistic Principal Component Analysis (PPCA) in enhancing algorithmic trading strategies, particularly for latent feature extraction in Mean Reversion ...

For more than a decade, large-cap giants dominated U.S. equities while small- and micro-cap stocks lagged in the shadows. Their recent rally has revived a familiar question: as the cycle moves into ...