Futures-Positioning#135tier 2live in productionNew

cot positioning

cadence: Weeklydata: mediumlong onlyshort onlylong short
paper
1992
Source
Bessembinder, H., Chan, K. (1992). "Time-Varying Risk Premia and Forecastable Returns in Futures Markets." Journal of Financial Economics, 32(2), 169-193.
Read the paper →

What it checks

CFTC weekly: when commercial hedgers are extreme-long crude or gold, the related ETF drifts up 1-3 months.

Mechanism

Commercial-net-long extremes relative to 52w history predict 4-12wk drift in futures + linked equities.

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag.

Signal rule

long commodity-linked ETF when (commercial_net - noncommercial_net) 52w z > +1; short when z < -1; hold 30/60d

Data dependencies

  • cftc_cot

    Worker data table — see services/worker schema.

  • daily_prices

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

Expected edge

Paper alpha
~4-8% over 30-90d
Paper window
T+0 to T+60d

Bessembinder-Chan 1992: 4-8% over 30-90d.

Example tickers where this is likely to fire

Illustrative only — the signal fires based on the live data, not a fixed list.

Related families

Explore cot positioning 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