Tarpon Trading : Altair FX Alpha Macro Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date 4.15% Apr Performance 1.01% Min Investment $ 5,000k Mgmt. Fee 1.50% Perf. Fee 20.00% Annualized Vol 4.70% Sharpe (RFR=1%) 1.63 CAROR 8.91% Assets $ 155.0M Worst DD -4.34 S&P Correlation -0.13 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 Apr Qtr YTD 1yr 3yr 5yr 10yr Since1/2016 Altair FX Alpha Macro 1.01 0.57 4.15 12.02 30.77 46.43 - 57.65 S&P 500 5.24 16.22 14.93 48.22 63.01 106.89 - 121.44 +/- S&P 500 -4.23 -15.66 -10.78 -36.21 -32.24 -60.47 - -63.79 Strategy Description SummaryThe Altair FX Alpha Macro program is an intraday, systematic macro trading strategy in G7 FX and the Chinese Yuan. The strategy provides daily liquidity and does not take overnight risk. The objective of the FX Alpha Program is to generate consistent top-decile absolute returns... Read More Account & Fees Type Managed Account Minimum Investment $ 5,000k Trading Level Incremental Increase $ 0k CTA Max Funding Factor 5.00 Management Fee 1.50% Performance Fee 20.00% Average Commission Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency 7-14 Days Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency RT/YR/$M Avg. Margin-to-Equity 8% Targeted Worst DD -5.00% Worst Peak-to-Trough -4.34% Sector Focus Currency Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 0% 1-30 Days 0% Intraday 100.00% Decision-Making Discretionary 0% Systematic 100.00% Strategy Arbitrage 5.00% Counter-trend 5.00% Momentum 5.00% Pattern Recognition 75.00% Technical 5.00% Trend-following 5.00% Composition Currency FX 100.00% SummaryThe Altair FX Alpha Macro program is an intraday, systematic macro trading strategy in G7 FX and the Chinese Yuan. The strategy provides daily liquidity and does not take overnight risk. The objective of the FX Alpha Program is to generate consistent top-decile absolute returns and achieve long-term capital appreciation by employing a proven systematic, quantitative, intra-day pattern recognition trading strategy that has been historically non-correlated to most other investment styles. Analyzing historical data, our models reveal that market adjustments form patterns that are signaled by price and volatility movements. We believe there is an inherent return opportunity by participating in these adjustments. We do not try to predict trends. Instead we participate in patterns that we have identified via our various Pattern Recognition Strategies. The program’s emphasis on risk management, liquid markets and strict daily controls has enabled it to achieve consistent, long-term, positive results with low volatility.Investment StrategyOur trading program has been developed based on a well-defined investment process. The buy and sell signals generated by the system are strictly applied. Human emotions are eliminated from the investment process. Risk Management factors into every stage of our investment process and research where all risk is predetermined and secured by our robust, internal framework. We attempt to balance the portfolio so that the risks on any one trade are never a significant portion of the overall risk. The strategy is structured so that all positions remain in interest bearing accounts or are converted back to cash by the close of each trading session.Risk ManagementOur risk management is methodical and pre-defined each day. We attempt to balance the portfolio so that the risks on any one trade are never a significant portion of the overall risk 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 -4.34 4 3 10/1/2018 2/1/2019 -3.99 2 6 2/1/2017 4/1/2017 -3.40 3 2 7/1/2016 10/1/2016 -1.44 1 1 12/1/2016 1/1/2017 -0.94 1 2 10/1/2020 11/1/2020 -0.60 1 2 5/1/2018 6/1/2018 -0.44 1 1 2/1/2021 3/1/2021 -0.41 1 2 9/1/2019 10/1/2019 -0.25 1 1 1/1/2016 2/1/2016 -0.23 1 1 5/1/2016 6/1/2016 -0.23 1 1 11/1/2017 12/1/2017 -0.09 1 1 1/1/2018 2/1/2018 Show More Consecutive Gains Run-up Length (Mos.) Start End 19.59 12 11/1/2019 10/1/2020 7.05 7 3/1/2019 9/1/2019 6.18 3 3/1/2016 5/1/2016 4.53 3 3/1/2018 5/1/2018 4.41 3 12/1/2020 2/1/2021 3.79 2 11/1/2016 12/1/2016 3.71 4 7/1/2018 10/1/2018 3.67 2 10/1/2017 11/1/2017 3.01 4 5/1/2017 8/1/2017 2.48 1 1/1/2018 1/1/2018 2.30 1 7/1/2016 7/1/2016 1.65 1 1/1/2016 1/1/2016 1.64 1 2/1/2017 2/1/2017 1.01 1 4/1/2021 4/1/2021 0.30 1 12/1/2018 12/1/2018 Show More Consecutive Losses Run-up Length (Mos.) Start End -3.99 2 3/1/2017 4/1/2017 -3.40 3 8/1/2016 10/1/2016 -2.79 2 1/1/2019 2/1/2019 -1.89 1 11/1/2018 11/1/2018 -1.44 1 1/1/2017 1/1/2017 -0.94 1 11/1/2020 11/1/2020 -0.60 1 6/1/2018 6/1/2018 -0.44 1 3/1/2021 3/1/2021 -0.41 1 10/1/2019 10/1/2019 -0.25 1 2/1/2016 2/1/2016 -0.23 1 12/1/2017 12/1/2017 -0.23 1 9/1/2017 9/1/2017 -0.23 1 6/1/2016 6/1/2016 -0.09 1 2/1/2018 2/1/2018 Show More Top Performer Badges Index Award Type Rank Performance Period IASG CTA Index Sharpe 5 1.57 2017 - 2020 Systematic Trader Index Month 7 3.89 10/2020 IASG CTA Index Month 9 3.89 10/2020 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