Last Updated: 2022-04-26 10:01:39

Analysis of the 2022 Duke FINTECH Spring Trading Competition is posted here. This section is frequently updated and expanded, so be sure to check back often. Don't forget to check out our generous sponsors who made it all possible! Visit their websites by clicking on the logos above.

First Place

hoppity

Harvard University

USA

Sharpe: 0.83378

Runner-Ups

Rank tradername school country Sharpe
2 bubbles Texas A&M University USA 0.44000
3 Dennishhh Vanderbilt University USA 0.22413
4 James Liao Washington University in St. Louis USA 0.20551
5 Nonfortissimus University of North Carolina at Chapel Hill USA 0.19038

Top Sharpe Ratios Over Time

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Honorable Mentions

Highest-Returning Traders

geometric mean(all daily excess returns observed so far)

Rank tradername school country return
1 Ironman Washington University in St. Louis China 1.57%
2 James Liao Washington University in St. Louis USA 0.756%
3 jlau Georgetown University USA 0.682%
4 Nonfortissimus University of North Carolina at Chapel Hill USA 0.287%
5 Shaw Duke University USA 0.276%

Lowest Volatility Traders

Standard deviation of daily non-excess portfolio returns.

Rank tradername school country volatility
1 doge Duke University China 0.00032%
2 clarequant Claremont Graduate University USA 0.000325%
3 Monkeyboi Southern University of Science and Technology China 0.000416%
4 U+-! Washington University in St. Louis USA 0.000974%
5 hoppity Harvard University USA 0.00274%

Highest α, SP500

Y-intercept of linear model fitted to x=SP500 daily returns; y=trader's daily returns

Rank tradername school country alpha
1 Ironman Washington University in St. Louis China 1.97%
2 James Liao Washington University in St. Louis USA 0.826%
3 jlau Georgetown University USA 0.766%
4 Shaw Duke University USA 0.275%
5 Nonfortissimus University of North Carolina at Chapel Hill USA 0.272%

Lowest abs(β), SP500

Slope of linear model fitted to x=SP500 daily returns; y=trader's daily returns

Rank tradername school country beta
1 doge Duke University China 1.38e-05
2 hoppity Harvard University USA -6.56e-05
3 Monkeyboi Southern University of Science and Technology China 1.46e-04
4 clarequant Claremont Graduate University USA 2.05e-04
5 U+-! Washington University in St. Louis USA 6.15e-04

Highest α, SHY

Y-intercept of linear model fitted to x=SHY daily returns; y=trader's daily returns

Rank tradername school country alpha
1 Ironman Washington University in St. Louis China 2.64%
2 Shaw Duke University USA 0.53%
3 jjohn4 North Carolina State University USA 0.498%
4 RealMaxXx Rutgers University USA 0.394%
5 James Liao Washington University in St. Louis USA 0.384%

Lowest abs(β), SHY

Slope of linear model fitted to x=SHY daily returns; y=trader's daily returns

Rank tradername school country beta
1 Monkeyboi Southern University of Science and Technology China -0.000115
2 doge Duke University China -0.000150
3 clarequant Claremont Graduate University USA 0.000225
4 U+-! Washington University in St. Louis USA 0.000673
5 hoppity Harvard University USA 0.001070

Highest α, BTC

Y-intercept of linear model fitted to x=BTC-USD daily returns; y=trader's daily returns

Rank tradername school country alpha
1 Ironman Washington University in St. Louis China 1.8%
2 James Liao Washington University in St. Louis USA 0.773%
3 jlau Georgetown University USA 0.72%
4 Chives Duke University USA 0.368%
5 Nonfortissimus University of North Carolina at Chapel Hill USA 0.275%

Lowest abs(β), BTC

Slope of linear model fitted to x=BTC-USD daily returns; y=trader's daily returns

Rank tradername school country beta
1 hoppity Harvard University USA 6.00e-07
2 doge Duke University China 5.20e-06
3 clarequant Claremont Graduate University USA 4.03e-05
4 Monkeyboi Southern University of Science and Technology China 9.95e-05
5 Ammonite Li Washington University in St. Louis USA -1.04e-04

Top Returning Portfolios Over Time

Cumulative EoD Excess Return (%/day)

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Lowest Vol Portfolios Over Time

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" " is the permyriad symbol, used here for convenience. One permyriad = 1 100th of a percent; i.e., 0.02% == 2 .

Top Portfolio Values Over Time

Reported in millions ($MM)

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Full Ranking