CALTROPIASystematic
Research
Independent thinking. Systematic research.Go to the market terminal

A wider perspective

A SYSTEMATIC
VIEW OF THE
MARKETS.

See the trends. Understand the context.
Explore the portfolios behind the thinking.

Explore research Explore portfolios
The shape of the marketInteractive illustration
Illustrative sector lines. Choose a sector to explore.
01 / SECTOR VIEW
Information Technology
Direction, with context.Select a line to explore the sectors.
Illustration · Sign in for current signalsOpen equity signals
Look beneath the surfaceSignals / Factors / Regimes / Portfolios

MARKET PULSE

Your starting point for the market
Sign in for your readings
01 / Regime contextRead the cycle

Risk appetite, rotation and recovery.

Regime Machine 02 / Equity breadthCheck participation

Look beyond the index to the stocks.

Expanded US equity universe 03 / Sector leadershipFind the strength

See which groups are leading.

Sector averages 04 / Upside stretchWatch the extremes

Put extended moves in context.

Mean-reversion signals

Current readings are available to subscribers. Explore the research below.

A few things worth a closer look

LOOK BENEATH
THE HEADLINE.

An index is one number.
The market has more to say.

01 / Participation

How much of the market
is moving together?

A rising index can hide a narrowing market. Equity breadth shows how widely positive trends are shared.

Explore equity breadthView the evidence
02 / Leadership

Follow the strength.
Then check its breadth.

Compare sector trends with the participation underneath them.

Sector & industry research
03 / Perspective

Strong trends.
Stretched moves.

Trend and mean reversion describe different things. Read them together.

Mean reversion / Trend context

For returning subscribers, this space also highlights changes between dated visits on this device.

One connected research platform

TWO WAYS IN.
A WIDER VIEW OUT.

Understand what is happening.
Explore how the models respond.

01 / Understand the market

SIGNALS &
RESEARCH

From an individual stock to the forces
moving the wider market.

Trends. Factors. Regimes. Relationships.Explore research
02 / Explore the positioning

SYSTEMATIC
PORTFOLIOS

See the construction, positioning and
performance behind each approach.

Equity factors. Futures. Macro regimes.Explore portfolios

The thinking that connects it all

OBSERVE.
CONTEXTUALIZE.
CONSTRUCT.

A signal is a starting point.
Its context is where the research begins.

Inside the research
01 / MARKET OBSERVATIONS

Start with the evidence.

Read trend, strength and mean-reversion signals across stocks and markets. Each captures a different part of the picture.

Explore the signals

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