Hello and good morning,
On Monday August 3, 2020 we published the results of our first 'published' portfolios. Our 'ideal' CQNS portfolio delivered 13% returns over the 3 week measurement period vs. 4% for the benchmark.
As a reminder, we are selecting from a set of 60 liquid, US equities. We created a Python script so we can test these 5 portfolios anytime.
The best, optimal 60 asset portfolio according to CQNS was two stocks, AMP (Ameriprise) and APA (Apache). Those two stocks returned 13% during the measurement period. This compares favorably to the benchmarks of all 60 stocks, and the S&P 500 during the period.
Our two generalized portfolios produced by the quantum annealing computer, which were selected to pick the highest CQNS, with a high CQR, and the highest CQR, with a high CQNS, did not perform as well as the benchmark of 60 stocks they were chosen from.
As a disclosure, we have not taken positions in any of the portfolios mentioned in this research.
Our goal is to complete our 60 asset engineering (*we have 8 items left), and publish another article (preprint) on arXiv in August 2020. After that, we will scale up again to evaluate more assets at a time.
Jeffrey Cohen, founder of Chicago Quantum and President, US Advanced Computing Infrastructure, Inc. August 4, 2020. For more information, please see the detailed articles (in the buttons below):
Strategic IT Management Consultant with a strong interest in Quantum Computing. Consulting for 29 years and this looks as interesting as cloud computing was in 2010.