OIL ACE OVERVIEW
Oil Ace is a collection of 3 non correlated oil strategies that are all independent of each other. If you choose to trade each strategy in full, you will need three different accounts. Why? Because as stated above these are three independent strategies that when used together on three different accounts have the potential to make decent returns/risk in single market. Unlike the Hivemind“Oil Ace” does not take advantage of hedging techniques but does try to deliver uncorrelated return streams in the oil market. We are achieving diversification in the oil market by trading different edges in the oil market.
Oil(Slick & Grease) are based on the idea of non-trending, non-mean reversion models(meaning neutral) and they all work together to decrease risk and ideally maximize profits. Basically centered around the idea of, that through different strategies that are non-correlated on average, they can achieve diversification even though they trade the same markets. They use mathematical models to quantify the historical and market implied (future) volatility in order to position itself to create positive alpha.
Oil Ace(Anoint) uses some unique mathematical seasonal methodologies to quantify historical seasonality and tries to predict future price movement.
LIVE DATA OUT
Normally people do not claim this because most system designers do not want to keep track of their systems and only show the good side or total performance. For me I like to track how the model performance in real time. This does not mean I take all the trades or even any of the trades. Since tracking here is a snapshot of performance. It has done ok but I’m not overly thrilled. You can follow the performance on Profit.ly. This is a snapshot on 04/30/2020.
TRADING ALL THREE ALGOS
OF OIL ACE
Total Return From 1/1/2006-7/10/17 = $434,840
% Profitable = 68.85%
Compound Annual Return has been = 16.05%
Has been profitable 100.00 percent of the years.
Over the last two years meaning from January 2015-2017 it has achieved an Annualized Sharpe Ratio Of = 5.6 using a 1% risk free rate of return. [This Time Period was chosen because this generally when the systems started trading in real time.]