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Macro Event Sentiment Composite

Updated dailyData needs: highlong only
paper
2017
Source
Extends: Manela, A., Moreira, A. (2017). "News implied volatility and disaster concerns." *Journal of Financial Economics*, 123(1), 137-162. Engle, R. F., Giglio, S., Kelly, B. T., Lee, H., Stroebel, J. (2020). "Hedging climate change news." *Review of Financial Studies*. Novel GDELT + yield-curve + polymarket composite.
Read the paper →

In plain terms

When news tone, the yield curve, and prediction-market recession odds all flash stress at the same time, we flatten the position to cash. The rest of the time we run a simple long-trend signal.

How it works

Risk-on momentum strategies fail disproportionately when negative GDELT economic-event tone, an inverted yield curve, and elevated polymarket recession-probability fire simultaneously. The multi-source soft gate suppresses long exposure on those joint-stress days — same pattern as #211-#215 meta_regime_gate but with a wider trigger surface.

Live results

2 times picked on its own · 21 times inside a blend (9 beat the stock) · updated 2026-06-06
This strategy is a frequent ingredient in blends that combine a few strategies on one stock. It has contributed to 21 such blended picks (9 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.

  • Gdelt country tone

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

  • Fred macro

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

  • Polymarket prices daily

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

  • Polymarket markets

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

Expected edge

Reported return
untested — internal
Tested over
T+0 (gate, evaluated daily)

Untested — internal. Acts as a drawdown filter; expected to flatten left-tail without sacrificing CAGR meaningfully.

Related families

Explore Macro Event Sentiment Composite 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