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Livermore
Livermore AlphaResearch Templates

Template Gallery

Pre-built strategy frameworks grounded in academic research. Each template ships with evidence tier ratings, capacity constraints, regime caveats, and default settings so you can calibrate expectations before running a backtest.

Evidence tiers
A
B
C
12 available now·3 coming soon

Available Now

Run immediately — all use price data the engine supports.

12
MOMENTUM

Trend Following

Price momentum with a trailing stop

Data · Price data onlyUniverse · Any equity or ETF
Which ticker do you want to test this on?
AAPL
MOMENTUM

Cross-Sectional Momentum

Rank a universe by return, rotate into top performers

Data · Price data onlyUniverse · Multi-asset universe (min 3 tickers)
Enter your universe (min 3 tickers, comma-separated)
ROTATION

ETF Rotation

Rotate across asset class ETFs by relative momentum

Data · Price data onlyUniverse · Asset class ETF basket
Which benchmark do you want to compare against?
SPY
CARRY
ETF Proxy

Commodity Carry

Roll yield proxy using front-month ETF returns

Data · Futures curve data (ETF proxy available)Universe · Commodity ETFs
Enter your commodity universe (comma-separated)
MOMENTUM
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
InstitutionalPosition

Cross-Sectional Momentum (12-1)

Each month, rank your universe by trailing 12-month return (skipping the most recent month) and hold the top quintile. The 12-1 specification is the most-replicated momentum variant across asset classes.

What it captures

Assets that have outperformed their peers over the past year tend to continue outperforming over the next 1–3 months. The 1-month skip prevents short-term reversal from contaminating the signal.

Data · Price data — at least 14 months of history per symbolUniverse · Large- and mid-cap equities — min 10 symbols for meaningful cross-section
Enter your universe (comma-separated, min 10 symbols)
MOMENTUM
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
ProsumerPosition

Time-Series Momentum / Trend

Hold each asset only when its own 12-month absolute return is positive; equal-weight all qualifying assets. Moves to cash when most assets are in downtrends — providing a built-in bear market hedge.

What it captures

Each asset's own trend — whether it is moving up or down on its own merits — predicts near-term returns. Unlike cross-sectional momentum, this strategy can hold 0% during broad bear markets.

Data · Price data — at least 14 months of history per symbolUniverse · Multi-asset or equity universe — best across uncorrelated assets
Enter your universe (comma-separated)
REVERSAL
Evidence B
Tier B — moderate evidence; mixed or inconsistent results across papers or markets.
InstitutionalSwing

Short-Term Reversal

Every week, rank your universe by 1-week return and buy the biggest losers. Short-term price pressure from liquidity-demanding sellers creates transient mispricings that revert as market makers are compensated.

What it captures

Liquidity providers absorbing temporary selling pressure earn a short-horizon premium. The strategy attempts to replicate this by systematically buying the recent losers who are most likely to bounce.

Data · Price data onlyUniverse · Liquid large-cap equities — min 20 symbols; requires tight spreads
Enter your universe (comma-separated, min 10 symbols)
ARBITRAGE
Evidence B
Tier B — moderate evidence; mixed or inconsistent results across papers or markets.
ProsumerSwing

Pairs Trading (Long-Only)

Track the log-price spread between two correlated assets. Go long the cheaper asset when the z-score is 2+ standard deviations below its mean, exit when the spread normalises.

What it captures

Temporary deviations in the relative valuation of two economically linked assets tend to revert. The long-only variant captures the cheaper leg of classic statistical arbitrage.

Data · Price data — two correlated assetsUniverse · Two positively correlated assets (e.g. AAPL/MSFT, SPY/QQQ)
Enter exactly 2 correlated assets
ROTATION
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
RetailPosition

Sector Rotation (SPDR)

Monthly, rank the 11 SPDR sector ETFs by trailing 3–6 month total return and hold the top 3. Rotate out of lagging sectors into the current economic cycle leaders.

What it captures

Different economic sectors lead and lag through the business cycle. By rotating into recent leaders, the strategy attempts to ride the dominant economic theme — technology in 2020–21, energy in 2022.

Data · Price data — SPDR sector ETF historyUniverse · 11 SPDR sector ETFs
Enter sector ETFs (comma-separated)
MOMENTUM
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
RetailMulti-quarter

Dual Momentum

Gary Antonacci's Dual Momentum: first check absolute momentum (is SPY above cash?), then relative momentum (does SPY beat bonds?). Holds US equities, international equities, or bonds depending on signals.

What it captures

Combining absolute momentum (trend filter) with relative momentum (asset selection) reduces bear market drawdowns while capturing uptrends. The dual filter removes most of the large equity drawdowns historically.

Data · Price data — broad asset class ETFsUniverse · Broad equity and bond ETFs
Enter equity + bond ETFs
FACTOR
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
InstitutionalMulti-quarter

Low Volatility

Monthly, rank your universe by trailing 63-day realised volatility and hold the lowest-volatility quintile equal-weight. Lower-risk stocks historically deliver superior Sharpe ratios — the 'low vol anomaly'.

What it captures

Low-volatility stocks outperform on a risk-adjusted basis because investors systematically overpay for high-volatility lottery-like stocks and underweight boring low-risk names due to leverage constraints and benchmark hugging.

Data · Price data — at least 4 months of history per symbol for vol estimationUniverse · Broad equity universe — min 15 symbols
Enter your universe (comma-separated, min 10 symbols)
REVERSAL
Evidence C
Tier C — primarily practitioner evidence; limited peer-reviewed academic support.
ProsumerSwing

Bollinger Mean Reversion

Enter long when price closes below the lower 2-sigma Bollinger Band (20-day MA). Exit when price crosses back above the middle band. A dynamic, volatility-scaled oversold signal.

What it captures

Short-term oversold conditions relative to recent price range tend to revert as buying interest returns. Bollinger Bands scale the entry threshold by the asset's own volatility, making the signal adaptive.

Data · Price data onlyUniverse · Single liquid equity or ETF with mean-reverting character
Which stock or ETF do you want to test?
AAPL

Coming Soon — Phase B

Fundamental and event-driven templates pending data pipeline support.

Coming Soon

Requires FCF yield, book-to-market, and EV/EBITDA data — coming in Phase B.

FACTOR
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
InstitutionalMulti-quarter

Value Composite

Rank stocks by a composite of FCF yield, book-to-market, and EV/EBITDA. Hold the cheapest decile monthly.

What it captures

Stocks trading at low prices relative to fundamentals tend to outperform as the market corrects mispricings over 12–36 month horizons.

Data · Fundamental data (FCF, book value, EBITDA) — not yet availableUniverse · Large- and mid-cap equities

Coming Soon

Requires annual financial statement data — coming in Phase B.

FACTOR
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
ProsumerMulti-quarter

Quality — Piotroski F-Score

Long stocks with an F-Score of 8 or 9 — companies with strengthening profitability, leverage, and efficiency.

What it captures

Piotroski's 9 binary signals identify companies with improving fundamentals that the market is slow to reprice upward.

Data · Annual financial statements — not yet availableUniverse · Broad equity universe

Coming Soon

Requires quarterly EPS and analyst estimate data — coming in Phase B.

MOMENTUM
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
ProsumerSwing

Post-Earnings Drift (PEAD)

After a top-decile earnings surprise, hold the stock for 60 days to capture the gradual market revaluation.

What it captures

Markets under-react to large earnings surprises — positive shocks continue to generate abnormal returns for weeks after announcement.

Data · Quarterly EPS and analyst estimates — not yet availableUniverse · Active-reporting equities

Requires Additional Data

Shown for research planning.

FACTOR

Value + Momentum

Combine fundamental value signals with price momentum

Data · Requires P/E and earnings dataUniverse · Equity universe
Requires fundamental data (P/E, earnings) — not yet available in this tool. Shown here so you can plan your research.
SENTIMENT
Evidence B
Tier B — moderate evidence; mixed or inconsistent results across papers or markets.
Prosumer

News Sentiment Momentum

Rank stocks by rolling 30-day mean news sentiment score and go long the top decile. Combines NLP-derived sentiment signals with monthly rebalancing.

Data · News sentiment scores (requires sentiment data pipeline)Universe · Large-cap equities with active news coverage
Requires live news sentiment scores from the sentiment data pipeline. Not yet available for backtesting — shown here so you can plan your research.
ALTERNATIVE
Evidence B
Tier B — moderate evidence; mixed or inconsistent results across papers or markets.
Prosumer

Insider Buying Cluster

Rank stocks by rolling 30-day net insider-purchase dollars (cluster buys) and hold the top 20. Insider purchases are weighted by dollar value, not count.

Data · SEC Form 4 insider transaction data (via FMP or EDGAR)Universe · S&P 500 or Russell 1000 constituents
Requires real-time SEC Form 4 insider transaction data. Not yet available for backtesting — shown here so you can plan your research.
FACTOR
Evidence A
Tier A — strong academic evidence replicated across multiple markets and time periods.
Pro

Multi-Factor Composite

Combine Value, Momentum, Quality, and Low-Volatility into a single equal-weighted composite score. Rank the top decile monthly. Each factor is cross-sectionally z-scored before blending.

Data · Price data + fundamental data (FCF, book value, EBITDA, F-Score)Universe · Large- and mid-cap equities (min 20 symbols recommended)
Requires fundamental signal data (FCF yield, book-to-market, Piotroski F-Score). Not yet available for backtesting — shown here so you can plan your research.

Evidence tiers reflect peer-reviewed literature as of 2025. Past evidence ≠ future performance.

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