Alpha Not Foundopen trading research archive
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Rejected experiments

Every entry is a completed experiment that failed its predefined criteria. Filter by market, open any record for the full method and numbers, or take the whole set.

Showing 11–20 of 45 experiments

IDExperimentMarketMechanismHorizonResultVerdict
E838Rented Bitcoin hashrate is priced at about what it earns
hashrate-rental, bitcoin-mining, fair-value, compute-markets, daily
Energy & computeMarket design1d6 holdout signal days; 30 neededKILL
E837Taking the other side of options block trades loses after costs
options, block-trades, market-making, delta-hedging, markout, bitcoin, ethereum
Crypto & DeFiMicrostructure1h-24h-2.80% of premium, Bitcoin holdoutKILL
E836Hedged full-range DEX liquidity earns no carry after convexity cost
amm, liquidity-provision, impermanent-loss, hedged-carry, perpetual-hedge
Crypto & DeFiRisk premium1d-0.23 bp / dayKILL
E829Past power price spreads do not predict the next day's
electricity, virtual-bidding, day-ahead-market, risk-premium, hub-prices
Energy & computeRisk premium1d-$0.01 / MWhKILL
E828Leveraged volatility fund rebalancing leaves no next-day reversal
vix-futures, etf-rebalancing, leveraged-etp, inverse-etp, natural-experiment, forced-flow
Equities & volatilityForced flow1dTop 3 days = 371% of profitKILL
E821Shorting a token as large stakes end shows no detectable edge
staking, unlocked-supply, scheduled-events, perpetual-futures, event-study, proof-of-stake
Crypto & DeFiCalendar24h-4.6 bp, interval includes zeroKILL
E817Thin election markets show no lag worth trading after costs
prediction-markets, election-night, lead-lag, attention, thin-markets, event-contracts
Prediction marketsMicrostructure15m-0.86 c net; gross +2.14 cKILL
E807Long-shot baseball player props are not overpriced
prediction-markets, sports, player-props, pre-game, baseball
Prediction marketsBehaviouralpre-game to settlement-2.45 c per contractKILL
E804Mining 597 crypto futures signals finds nothing tradable
data-mining, multiple-testing, cross-sectional, time-of-day, funding-rate, three-way-split
Crypto & DeFiData mining1h-24h0 of 597 signals surviveKILL
E802Buying a token after its treasury company's SEC filing does not pay
digital-asset-treasury, sec-filings, 8-k, perpetual-futures, alt-tokens, event-study
Crypto & DeFiPublic intent24h+6.6 bp, same as controlKILL
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