Global Markets · Systematic Analysis

From raw signal
to consistent alpha.

Strategy breakdowns, backtests, and chart-driven analysis for investors who think before they trade. No tips, no noise.

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Momentum vs. Mean Reversion: Which Strategy Wins?

A head-to-head backtest of two of the most widely followed systematic approaches — on the same universe, same period, same rules.

Strategy Backtest Apr 2025 · 8 min read

The Sharpe Ratio is Lying to You

Why the most popular risk-adjusted metric systematically misleads in fat-tailed markets — and what to use instead.

Building a Simple 52-Week High Breakout System

Step-by-step construction of a rules-based breakout strategy with entry, exit, and position sizing defined.

Breakout System

Why Most Backtests Are Optimistic (And How to Fix It)

Overfitting, look-ahead bias, survivorship bias — the three silent killers of every backtest result you've ever trusted.

Backtest Methodology

What is Signal to Alpha?

Most financial content is noise — opinions dressed as analysis. Signal to Alpha is different. Every post starts with data, builds a testable hypothesis, and shows the full picture including when strategies fail. Written by an engineer who treats markets as systems.