Systematic equity research
Long. Short. Square.
01 · What we do
Systematic equity research and quantitative models
VetraSquare develops systematic long/short equity strategies, combining economic hypotheses, point-in-time data and disciplined testing.
We are building at least 12 months of live real-money trading history, with track-record certification through AuditZK, before assessing the next steps.
Live trading with real capital. No investment product is currently offered through this website.
Four principles for research
Economic logic
A pattern in past data is not enough: the return needs an economic account.
Evidence after costs
The test is a period the model has not seen, with costs counted.
Portfolio contribution
Models are assessed for what they add to a hypothetical combined portfolio.
Ongoing challenge
No model is final: its assumptions and evidence remain open to challenge.
02 · Our development
From research to live trading
Four stages connect research to validation in real markets. We are now trading with real capital.
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Research
An economic hypothesis, a defined strategy and a risk framework.
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Backtest
Historical testing, costs and robustness, with assumptions and limitations documented.
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Live paper trading
Observe the strategy and its execution in real time through a simulated account.
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Live real-money trading
Current stage
Real capital. A minimum of 12 months of documented results.
At least 12 months of real-money trading before assessing the record and the next steps. The duration alone does not determine the decision.
Track-record certification
We use AuditZK for track-record certification. Verification concerns the trading data and does not guarantee future performance.
From hypothesis to a documented model
Research question
An internal research paper records the question, economic hypothesis, prior research, data and information timing, methods and testing protocol. It keeps the evidence, limitations and research conclusions together.
Validation
Validation asks whether the evidence holds on unseen periods, with results measured after costs, how sensitive it is to parameter choices and how stable it is across periods.
Model portfolio analysis
A model that looks sound alone may add little to a hypothetical combined portfolio. Correlation, overlapping positions, common factors and liquidity are assessed alongside its contribution to the whole.
Research output
The output is a documented model, its assumptions, limitations and review criteria. Any future product implementation would depend on separate agreements, responsibilities and applicable regulatory requirements.
04 · Research papers
One question, a complete record
This illustrative outline shows the structure an internal research paper follows.
Hypothetical, illustrative extract. Full papers and model definitions remain internal.
Explore VetraSquare The evidence behind the model
Hypothetical schematic of how strategies are designed to combine. Offsetting long and short positions in the same company net out. Not actual strategies, holdings or weights.
Hypothetical schematics. Not actual strategies, holdings, weights or results.