Paired portfolios.
01 — FORMATIONWeekly portfolios compare the Qlib / LightGBM baseline with our factor across four seeds, using buy & hold and weekly rebalancing.
- Weekly formation dates
- 245
- Archived portfolio arms
- 3,920
A point-in-time factor capturing how informed attention shifts across companies and sectors, for quantitative research and data analytics.
Incremental return versus the Qlib / LightGBM baseline
Participation and recurring connections may reveal informed attention. We translate these dynamics into a systematic factor for equity research.
Each weekly formation compares baseline and factor portfolios across four fixed seeds, with shared execution assumptions and internally reconciled records.
Weekly portfolios compare the Qlib / LightGBM baseline with our factor across four seeds, using buy & hold and weekly rebalancing.
Both arms use the same model predictions, portfolio rules and trading costs, with execution based on frozen historical prices.
Trades, cash and daily values are recomputed for a portfolio sample. These internal accounting checks are not an external audit.
Five years of weekly US equity portfolios, with and without our ECPND factor. Using identical Qlib / LightGBM predictions, execution rules and costs.
Our in-depth ECPND backtest covers five calendar years, 245 weekly formations and 4 fixed model seeds, using identical baseline forecasts, prices and execution rules. Completed buy & hold cohorts averaged +54 bp above the baseline over six months after costs, with positive mean uplift in 60.7% of completed formations. Giving lower priority to the lowest 30% rather than 20% of scores raised that contribution to +89 bp in exploratory tests on the same data. The results suggest scope to refine stock selection and make ECPND a promising input to test in your own models. ECPND remains under active research, with further validation guiding refinements and versioned updates.
Evaluate the factor with the research package, then access the ECPND score directly via API and integrate it into your workflows and models.
2 years of daily scores
$1,850 USD / month
Limited seats
No risk - cancel anytime.
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Understand factor coverage, historical data and update timing, with practical guidance on API access, independent evaluation and subscriptions.
Each subscription provides authenticated API access to your selected factor across its covered US equity universe. You receive scores with publication timestamps and version identifiers, historical downloads, API documentation and integration support. Current scores are available as JSON or CSV. See the integration examples.
The service checks for changes hourly and publishes an updated score set when relevant inputs change, including new or corrected calls and newly eligible history. Otherwise, the existing set remains available. Each response identifies when the data were checked and when the scores were published. See timing and data status.
Subscribers can download a five-year historical score release for their licensed factor as compressed CSV. The free research packages contain two years of daily scores, ending eight weeks before the package release date. Each download states its exact dates and coverage; historical releases are separate from ongoing API updates. See historical data delivery.
No eligible value is available for that stock and date under the factor's coverage, history or freshness rules. Missing values appear as null in JSON and blank fields in CSV; zero is a valid score. A day without a new company call does not automatically mean a missing score. See the score definitions.
Yes. The free research package includes historical scores, study results, cohort comparisons and a worked selection example. No account or payment is required. Use the supplied data to test the factor in your own models; the whitepapers explain the study design, application rules and limitations.
The standard licence covers one legal entity with up to USD 250 million AUM. Internal use, copies and storage are permitted; data, scores and API access cannot be shared with another company, including an affiliate. Derived datasets, scores, models, reports and analytics may be used internally but may not be supplied as products or services to third parties, even if the original scores cannot be reconstructed. Each additional legal entity needs its own licence. If your AUM exceeds the limit, notify us promptly and within three calendar months at the latest, and agree an individual licence. We may request proportionate supporting evidence up to twice per rolling twelve months. See the data licence and AUM definition.
Your agreed early access price and licence scope continue while the same subscription remains uninterrupted and within its licence limits, even after the factor enters regular sale. New early access admissions are limited by the licence allocation and USD 1 billion of aggregate Licence AUM, whichever is reached first. This admission limit does not remove existing subscribers' agreed terms. New products or an AUM upgrade require a separate agreement. The service may be discontinued; unused prepaid access is then addressed under the Terms. See early access continuity.
The monthly price is billed every three months, plus applicable taxes. Subscriptions renew quarterly unless cancelled before renewal. You can cancel through your account and retain access until the end of the paid period. Cancellation stops future renewals; refunds are handled separately under the Refund Policy. See the billing terms.