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Activist Pair Revert

Updated eventData needs: mediumlong onlyshort onlylong short
paper
2008
Source
Brav & Jiang (2008) "Hedge Fund Activism, Corporate Governance, and Firm Performance", Journal of Finance 63(4).
Read the paper →

In plain terms

Guarded historical claim; separately named publication hypothesis is evaluated on its own evidence.

How it works

Historical bibliography is provenance only; this legacy implementation does not support the cited return or its named mechanism under current source and execution checks.

Live results

0 times picked on its own · 24 times inside a blend (23 beat the stock) · updated 2026-07-06
This strategy is a frequent ingredient in blends that combine a few strategies on one stock. It has contributed to 24 such blended picks (23 of which beat simply holding the stock). Picking it on its own is only one of the ways it shows up.
How its picks scored vs. buy & hold
Each pick is graded on a recent year it was never tuned on, against simply owning the same stock
Where its edge concentrates
Share of picks in each company-size group that beat buy & hold
How often it trades
Active vs. patient. Bars on the left mean it waits for rare setups; bars on the right mean it trades often
Return vs. buy & hold
How much each pick beat or trailed simply owning the stock over the test year (extreme microcap moves trimmed)
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Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • SEC 13d filings

    A data feed this strategy reads, refreshed on its normal schedule.

  • Sector ETF prices

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

See the source research for the original effect size; a modern replication on new data may be weaker.

Related families

Explore Activist Pair Revert on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more