EQA Partners LP : EQA Global Macro Program Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Aug Performance 0.41% Min Investment $ 5,000k Mgmt. Fee 1.50% Perf. Fee 20.00% Annualized Vol 3.72% Sharpe (RFR=1%) 0.46 CAROR 2.68% Assets $ 16.3M Worst DD -6.63 S&P Correlation -0.45 Add Alert Add to Blender Add to Portfolio Add to Watchlist Print Page Growth of 1,000 - VAMI Monthly Performance Export Data Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Period Returns Program / Index Aug Qtr YTD 1yr 3yr 5yr 10yr Since3/2007 EQA Global Macro Program 0.41 - - - - - 2.29 12.66 S&P 500 -5.68 - - - - - 7.52 185.70 +/- S&P 500 6.09 - - - - - -5.23 -173.04 Strategy Description SummaryEQA employs a discretionary portfolio management process that is based on multi-model quantitative research. Combining the judgment and expertise of our experienced portfolio management team with our transparent, dynamic quantitative systems allows us to enhance returns and control... Read More Account & Fees Type Managed Account Minimum Investment $ 5,000k Trading Level Incremental Increase $ 0k CTA Max Funding Factor Management Fee 1.50% Performance Fee 20.00% Average Commission $0 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Redemption Frequency Investor Requirements Accredited Investors Lock-up Period 0 Trading Trading Frequency 0 RT/YR/$M Avg. Margin-to-Equity 25% Targeted Worst DD Worst Peak-to-Trough Sector Focus Diversified Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 0% 1-30 Days 0% Intraday 0% Decision-Making Discretionary 70.00% Systematic 30.00% Strategy Composition SummaryEQA employs a discretionary portfolio management process that is based on multi-model quantitative research. Combining the judgment and expertise of our experienced portfolio management team with our transparent, dynamic quantitative systems allows us to enhance returns and control risks simultaneously. This approach enables us to incorporate market conditions which are not otherwise captured in a quantitative-only approach.Investment StrategyOur multi-model quantitative system produces portfolios constructed with multiple themes that incorporate both speculative and hedge positions. By allocating among our models, the portfolio management team seeks a blended portfolio that has the greatest upside potential for a given risk level and exhibits the traits of stability and diversification. Risk management is integrated into the portfolio construction process and the result of our discretionary blending process is a balanced portfolio, not simply a series of stacked trades. Portfolio risk is also evaluated on a continuous basis as market conditions evolve. By using this hybrid approach, our portfolio management team has captured most of the models’ upside and limited most of the models’ drawdowns. Fully Integrated Risk Management throughout the Investment Process: We construct appropriate risk-adjusted portfolios by taking into account current market risk factors, the models’ views on risk and expert information on systemic risk. We believe if you are simply measuring risk after trades are made, you are monitoring risk, not managing risk. Since relying solely on the risk management built into the research models would constitute model risk, we also apply separate, market-based, risk models to the actual portfolio. We continuously monitor the risk profile to ensure that it is inline with our research models’ expectations.Risk ManagementLiquidity, Credit and Operational Risks: We are fully aware that risk extends beyond just market volatility and that often what creates the greatest risk for a portfolio has little to do with daily market variability. Even though our investment strategies are designed to o!er high liquidity with very low credit risk, we routinely evaluate these positions and adjust the strategy if necessary. Operational risk is greatly mitigated by our state-of-the-art technology, which delivers straightthrough processing of our trading activity requiring a single point of entry for all positions. Positions are then twice reconciled against the prime broker’s positions by our systems before they are reconciled a third time by our fund administrator. This data is the basis for our data warehouse which stores everything from the models’ output and complete trading activity to the final performance values determined by our fund administrator. Compare to: {{result.name}} {{result.description}} Index: Chart Type: AUM & Cumulative Returns Cumulative Returns Distribution Rolling Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Compare to: Index: Select an Index Hang Seng Russell 2000 DAX FTSE 100 S&P 500 Index 10-Year Note VIX S&P 500 Monthly Annual Reward Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Reward Compound RoR: Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year. Drawdown Report Depth Length (Mos.) Recovery (Mos.) Peak Valley -6.63 13 - 2/1/2009 3/1/2010 -1.69 2 2 9/1/2007 11/1/2007 -0.64 2 1 3/1/2007 5/1/2007 -0.40 1 1 12/1/2008 1/1/2009 -0.34 1 1 8/1/2008 9/1/2008 -0.28 1 1 7/1/2007 8/1/2007 -0.15 1 1 10/1/2008 11/1/2008 -0.12 1 1 4/1/2008 5/1/2008 Show More Consecutive Gains Run-up Length (Mos.) Start End 5.86 5 12/1/2007 4/1/2008 4.09 2 8/1/2010 9/1/2010 2.40 3 4/1/2010 6/1/2010 2.27 2 7/1/2011 8/1/2011 2.25 2 6/1/2007 7/1/2007 2.16 1 9/1/2007 9/1/2007 1.88 1 10/1/2008 10/1/2008 1.73 3 2/1/2011 4/1/2011 1.63 2 6/1/2008 7/1/2008 1.31 1 2/1/2009 2/1/2009 0.93 2 9/1/2009 10/1/2009 0.60 1 12/1/2008 12/1/2008 0.45 1 3/1/2007 3/1/2007 0.28 1 12/1/2010 12/1/2010 0.23 2 1/1/2010 2/1/2010 Show More Consecutive Losses Run-up Length (Mos.) Start End -4.29 6 3/1/2009 8/1/2009 -2.35 1 1/1/2011 1/1/2011 -2.04 2 11/1/2009 12/1/2009 -1.69 2 10/1/2007 11/1/2007 -1.56 1 3/1/2010 3/1/2010 -0.76 2 5/1/2011 6/1/2011 -0.64 2 4/1/2007 5/1/2007 -0.55 2 10/1/2010 11/1/2010 -0.40 1 1/1/2009 1/1/2009 -0.39 1 7/1/2010 7/1/2010 -0.34 2 8/1/2008 9/1/2008 -0.28 1 8/1/2007 8/1/2007 -0.15 1 11/1/2008 11/1/2008 -0.12 1 5/1/2008 5/1/2008 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year Number of Periods54.0052.0049.0043.0037.0031.0019.00 Percent Profitable53.7063.4661.2267.4475.6870.97100.00 Average Period Return0.230.651.272.532.892.875.39 Average Gain0.961.773.184.924.824.695.39 Average Loss-0.65-1.31-1.76-2.44-3.10-1.59 Best Period3.184.616.849.1411.5613.039.14 Worst Period-2.35-3.13-4.29-5.31-4.92-3.180.47 Standard Deviation1.071.802.784.224.824.312.76 Gain Standard Deviation0.791.131.542.683.873.762.76 Loss Standard Deviation0.630.761.011.690.940.92 Sharpe Ratio (1%)0.130.220.280.360.290.200.85 Average Gain / Average Loss1.481.351.812.021.562.96 Profit / Loss Ratio1.782.352.864.184.847.23 Downside Deviation (10%)0.821.632.744.606.568.4910.72 Downside Deviation (5%)0.641.041.532.172.332.080.66 Downside Deviation (0%)0.600.911.251.671.590.97 Sortino Ratio (10%)-0.22-0.36-0.44-0.54-0.72-0.87-0.97 Sortino Ratio (5%)0.220.380.500.700.600.413.55 Sortino Ratio (0%)0.380.711.011.511.822.95 Top Performer Badges Index Award Type Rank Performance Period Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. x {{title}} x {{title}} Add Cancel