Lucida & Falcon

With the development of the Crypto industry, the correlation between market trends and the macro economy is becoming increasingly significant, and macro analysis is becoming a necessary part of market analysis.

The liquidity factor is long-term effective in high-frequency markets and is one of the important tools for fund managers to obtain Alpha.

From the perspective of multi-factor cross-sectional regression, establish a factor orthogonalization system.

Build a strong cryptocurrency asset portfolio using multi-factor strategies.

By analyzing the sector data on Falcon, we found that nearly 50% of the sectors had a return rate lower than Bitcoin in the past 90 days.

Data Preprocessing Section.

The ultimate goal of mining and calculating "factors" is to accurately calculate the expected return on assets.

"The team's continuous development without giving up" is not the core driving factor for the price increase after the bear market.

"Does 'the team is working' really make the price of the coin rise more in a bull market? Is it more resistant to declines in a bear market?"