This article contains an analysis of Numerai’s data scientists and some thoughts on Numerai’s various products.
I am especially interested in the differences in performance between “Numerai Classic” – their flagship product – and “Numerai Signals” – a relatively new product designed to capture alpha orthogonal to Classic.
I draw several conclusions that should be interesting to the Numerai team, Numerai users, as well as career quants in general, because the analysis reveals something about our industry and the problems faced by crowdsourcing platforms.
An Economic Analysis Of Numerai
This article contains an analysis of Numerai’s data scientists and some thoughts on Numerai’s various products. I am especially interested in the differences in performance between “Numerai Classic” – their flagship product – and “Numerai Signals” – a relatively new product designed to capture alpha orthogonal to Classic. I draw several conclusions that should be interesting to the Numerai team, Numerai users, as well as career quants in general, because the analysis reveals something about our industry and the problems faced by crowdsourcing platforms.