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Quantitative Research

This repository collects a set of self-contained quantitative research experiments covering core topics commonly used in systematic trading, portfolio analysis, and financial risk modeling.

The goal of this repository is not to provide a production-ready trading system, but to demonstrate:

  • Quantitative reasoning
  • Research workflows
  • Model interpretation
  • Risk-aware thinking
  • Clean and reproducible experimentation

Each subfolder focuses on a specific concept or modeling paradigm widely used in quantitative finance, hedge funds, and proprietary trading environments.


Repository Structure

Quant-Research/
├── backtesting/
├── equity-factor-attribution/
├── geometric-brownian-motion/
├── stock-risk-analysis/
├── XGBoost/
└── hawkes-process-etas/

Each directory contains:

  • A standalone Python script
  • A dedicated README.md explaining the theory, workflow, and interpretation
  • Clear separation between data acquisition, modeling, evaluation, and conclusions

Folder Overview

backtesting/

Event-driven backtesting using Backtrader.

This module demonstrates:

  • Strategy definition using moving-average crossovers
  • Order management and execution logic
  • Transaction costs and slippage modeling
  • Performance evaluation using Sharpe ratio, drawdowns, and trade statistics

Focus:

How simple trading ideas behave once realistic execution and costs are introduced.


equity-factor-attribution/

Factor-based performance attribution inspired by Fama–French-style regressions.

This module shows:

  • Market beta estimation
  • Alpha extraction (excess return beyond market exposure)
  • Cross-sectional comparison of stocks
  • Risk decomposition versus true skill

Focus:

Separating systematic exposure from genuine outperformance.


geometric-brownian-motion/

Stochastic price modeling using Geometric Brownian Motion (GBM).

This module covers:

  • Parameter estimation (drift and volatility)
  • Monte Carlo simulation of future price paths
  • Confidence intervals and expected outcomes
  • Probabilistic interpretation of price evolution

Focus:

Understanding uncertainty and distributional outcomes, not point forecasts.


stock-risk-analysis/

Classical risk analysis using historical data and simulation.

This module includes:

  • Return and volatility estimation
  • Trend smoothing via moving averages
  • Monte Carlo forward projections
  • Value-at-Risk-style reasoning

Focus:

Quantifying downside risk and variability in equity returns.


XGBoost/

Machine-learning-based directional classification using gradient boosting.

This module demonstrates:

  • Manual feature engineering (RSI, trend distance, volatility, volume shocks)
  • Time-series-aware train/test splitting
  • Classification of future price direction
  • Feature importance analysis
  • Probabilistic signal interpretation (BUY / HOLD / SELL)

Focus:

Using ML models as decision-support tools, not black boxes.


hawkes-process-etas/

Modeling market microstructure using Self-Exciting Point Processes (ETAS).

This module demonstrates:

  • Implementation of the Hawkes Process SDE: $\lambda(t) = \mu + \sum \alpha e^{-\beta(t - t_i)}$
  • Modeling of Volatility Clustering and Endogenous Feedback
  • Ogata’s Thinning Algorithm for high-frequency tick simulation
  • Maximum Likelihood Estimation (MLE) for parameter calibration

Focus:

Understanding how trade clusters and "aftershocks" drive market intensity and liquidity risk.


Philosophy

This repository emphasizes:

  • Interpretability over raw performance
  • Proper handling of time-series data
  • Awareness of noise and overfitting
  • Clear separation between research and trading

All scripts are deliberately written in a research-first style, similar to what would be expected in:

  • Quant research interviews
  • Take-home assignments
  • Internal research notes
  • Early-stage strategy exploration

Disclaimer

This repository is for educational and research purposes only.

It does not constitute investment advice, trading recommendations, or a deployable trading system. All results are based on historical data and simplified assumptions.


Requirements

Typical dependencies include:

  • Python ≥ 3.9
  • numpy
  • pandas
  • matplotlib
  • yfinance
  • statsmodels
  • scikit-learn
  • xgboost
  • backtrader

Each subfolder README specifies its exact dependencies.


Author

Developed as a quantitative research sandbox by
Luca Dal Zilio

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