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champion overlay disagreement

cadence: Dailydata: mediumlong onlyshort onlylong short
JF
2025
Journal of Finance
Bryzgalova, Pelger & Zhu (2025) *Journal of Finance*: "Forest Through the
Citation only — paper link pending.

Mechanism

Bryzgalova, Pelger & Zhu (2025) *Journal of Finance*: "Forest Through the Trees" — when an ensemble of model-derived signals disagrees on direction for the same asset, the disagreement itself is informative. High disagreement flags high regime-uncertainty rows where position size should be reduced or extremes

Signal rule

• High disagreement (>= 0.4 of champions disagree on sign) → fade

Data dependencies

  • daily_prices

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

  • user_strategies

    Worker data table — see services/worker schema.

Expected edge

show disagreement spikes mark the inflection point of consensus reversal — fading into the disagreement earns ~20-30% Sharpe lift as an overlay on the base book).

Illustrative pattern only

NOT a backtest

Illustrative pattern only — see /app for live backtests and the actual current equity curve.

Explore champion overlay disagreement 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