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John Elder on How to Tell if Your Market Timing System Will Work — at PAW Financial — Oct 29 – Nov 2


See Dr. John Elder, CEO & Founder, Elder Research, Inc. at Predictive Analytics World for Financial Services – October in New York – at his special featured session: How to Tell if Your Market Timing System Will Work: A New Measure of Model Quality.



 

Predictive Analytics World for Financial Services - How to Tell if Your Market Timing System Will Work – from John Elder
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How to Tell if Your Market Timing System Will Work:
A New Measure of Model Quality

See Dr. John Elder, CEO & Founder, Elder Research, Inc. at Predictive Analytics World for Financial Services – October in New York – at his special featured session: How to Tell if Your Market Timing System Will Work: A New Measure of Model Quality.

Don't miss this must-attend predictive analytics & machine learning event, coming to NYC this fall. Reserve your spot today.



John Elder’s Groundbreaking Presentation:

How to Tell if Your Market Timing System Will Work: A New Measure of Model Quality

The most widely used measure of investment performance is the Sharpe ratio, which is simply the "excess" return an investment has achieved (over a "risk free" rate of return – say, US Treasuries), divided by the investment's volatility. It enables different instruments to be compared fairly, and allows one to create an efficient frontier of optimal alternatives at different risk levels. Yet, the Sharpe ratio really reveals the quality of your returns and not the quality of your strategy. For instance, just buying and holding bonds – not a novel system – has had a Sharpe > 1.0 for some time. Quel genius!

In this session, John Elder will describe a measure to evaluate the quality of market timing systems. It evaluates their information quality, taking into account not only return and volatility, but also the trend of the market being traded and the system's exposure (% in the market vs. out). Most importantly, the new metric is a better predictor of which timing systems will succeed in the only place that matters: tomorrow.

Why You'll Want to Be There

Dr. John Elder is Founder & Chair of the most widely experienced data consultancy in North America, Elder Research, Inc. His thought leadership has centrally shaped what the industry has become today.

At this leading cross-vendor networking event, also hear from many other thought leaders shaking up the world of predictive analytics in financial services. Be part of this transformation and walk away with actionable information that you can apply in your organization.

View the full agenda here.

Don't Miss This Must-Attend Event

Seize the opportunity to be on the cutting-edge of predictive analytics & machine learning applications within the financial services industry.

Join us in NYC on October 31 – November 2 for Predictive Analytics World For Financial Services 2017. Register today.


Predictive Analytics World for Financial Services is co-located with Predictive Analytics World for Business and Predictive Analytics World for Healthcare. Combo passes are available.


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