{"id":193083,"date":"2023-07-07T10:27:24","date_gmt":"2023-07-07T14:27:24","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=193083"},"modified":"2023-07-07T20:37:37","modified_gmt":"2023-07-08T00:37:37","slug":"what-is-quantamental-3-techniques-to-investing","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/","title":{"rendered":"What is Quantamental? 3 Techniques to Investing"},"content":{"rendered":"\n<p><em>The article &#8220;What is Quantamental? 3 Techniques to Investing\u201d first appeared on <a href=\"https:\/\/algotrading101.com\/learn\/what-is-quantamental\/\">AlgoTrading101<\/a> blog.<\/em><\/p>\n\n\n\n<p>What is Quantamental?&nbsp;<strong>Quantamental is a term that describes a hybrid of quantitative and fundamental techniques to investing.<\/strong><\/p>\n\n\n\n<p>This term is a fancy buzzword that is gaining popularity as it is a convenient marketing angle.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"730\" height=\"478\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-foursquare-chipotle-prediction-algotrading101.jpg\" alt=\"\" class=\"wp-image-193085 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-foursquare-chipotle-prediction-algotrading101.jpg 730w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-foursquare-chipotle-prediction-algotrading101-700x458.jpg 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-foursquare-chipotle-prediction-algotrading101-300x196.jpg 300w\" data-sizes=\"(max-width: 730px) 100vw, 730px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 730px; aspect-ratio: 730\/478;\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>Foursquare predicts Chipotle earnings by analysing foot traffic around Chipotle stores. Credit:&nbsp;<\/em><\/strong><a href=\"https:\/\/medium.com\/foursquare-direct\/foursquare-predicts-chipotle-s-q1-sales-down-nearly-30-foot-traffic-reveals-the-start-of-a-mixed-78515b2389af\" target=\"_blank\" rel=\"noreferrer noopener\">medium.com<\/a><\/p>\n\n\n\n<p>Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.<\/p>\n\n\n\n<p>Traditional hedge funds have been using quantitative techniques to supplement their qualitative analysis.<\/p>\n\n\n\n<p>Quantitative funds largely use quantitative techniques (you don\u2019t say!) but in certain strategies, they might still use some qualitative analysis to supplement the quantitative analysis. E.g. When the COVID-19 crisis happens, they might intervene in strategies that don\u2019t work in volatile environments.<\/p>\n\n\n\n<p><strong>Let\u2019s look at 3 categories of quantamental techniques in this article:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Quantamental Techniques for an Individual Asset<\/li>\n\n\n\n<li>Quantamental Techniques for Event Trading<\/li>\n\n\n\n<li>Quantamental Techniques at a Portfolio level<\/li>\n<\/ul>\n\n\n\n<p>We\u2019ll cover both fundamental and quantitative methods in each category.<\/p>\n\n\n\n<p>When we use both fundamental and quantitative methods appropriately in our research, that is our quantamental technique.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-quantamental-techniques-for-an-individual-asset\"><strong>Quantamental Techniques for an Individual Asset<\/strong><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-case-study-1-a-stock\"><strong>Case study 1: A stock<\/strong><\/h4>\n\n\n\n<p><strong>Fundamental Analysis<\/strong><\/p>\n\n\n\n<p>Traditional fundamental analysis methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Analysing the business fundamentals<\/li>\n\n\n\n<li>Estimating market size and future market growth<\/li>\n\n\n\n<li>Understanding the competence and commitment of the CEO and management team<\/li>\n\n\n\n<li>Making a prediction on how certain industries will evolve and how the stock will react to this evolution<\/li>\n\n\n\n<li>Making sure the CEO isn\u2019t self-dealing, making money at the company\u2019s expense and getting a billion dollar personal bailout as the company is forced to cut staff<\/li>\n<\/ul>\n\n\n\n<p><strong>Quantitative Analysis<\/strong><\/p>\n\n\n\n<p>Quantitative methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sending out drone operators to count how many cars a factory produces<\/li>\n\n\n\n<li>Using foot traffic data from consumer apps to predict how many people went to a fast food restaurant<\/li>\n\n\n\n<li>Hiring surveyors to check how many plant-based meats are being sold at supermarkets<\/li>\n\n\n\n<li>Buying&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.vice.com\/en_us\/article\/qjdkq7\/avast-antivirus-sells-user-browsing-data-investigation\" target=\"_blank\">users web behaviour data (illegally?)<\/a>&nbsp;from anti-virus software<\/li>\n\n\n\n<li>Scanning thousands of companies by their fundamental data (P\/E ratios, book values etc) to select promising companies<\/li>\n\n\n\n<li>Reading thousands of annual reports using machine learning to extract sentiment<\/li>\n\n\n\n<li>Spending&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.forbes.com\/sites\/petercohan\/2018\/07\/22\/mastercard-amex-and-envestnet-profit-from-400m-business-of-selling-transaction-data\/\" target=\"_blank\">hundreds of millions to buying credit card expenditure<\/a>&nbsp;data<\/li>\n\n\n\n<li>Predicting iPhone sales by analysing foot traffic around Apple stores<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-center\"><em><a href=\"https:\/\/vimeo.com\/140255052\">Apple @ One Stockton Street Place Shape<\/a>&nbsp;from&nbsp;<a href=\"https:\/\/vimeo.com\/foursquarehq\">Foursquare<\/a>&nbsp;on&nbsp;<a href=\"https:\/\/vimeo.com\/\">Vimeo<\/a>.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>Predicting iPhone sales by analysing foot traffic around Apple stores<\/em><\/p>\n\n\n\n<p>I think most, if not all, traditional hedge fund managers would set up quantitative analytics teams to analyse those juicy data if they had access to them.<\/p>\n\n\n\n<p>However, this is not a foolproof method to trade. Getting data with good predictive value is expensive. Valuable data are getting rarer. The value from these data decays as more players obtain them.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Case Study 2: A commodity \u2013 Oil<\/strong><\/h4>\n\n\n\n<p><strong>Fundamental Analysis<\/strong><\/p>\n\n\n\n<p>Traditional fundamental analysis methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Talking to oil brokers to understand the demand and supply dynamics<\/li>\n\n\n\n<li>Understand the political situation between big oil producing countries and their partners<\/li>\n\n\n\n<li>Lobbying the government?<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"729\" height=\"356\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-oil-storage-planet-algotrading101.jpg\" alt=\"\" class=\"wp-image-193091 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-oil-storage-planet-algotrading101.jpg 729w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-oil-storage-planet-algotrading101-700x342.jpg 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/quantamental-oil-storage-planet-algotrading101-300x147.jpg 300w\" data-sizes=\"(max-width: 729px) 100vw, 729px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 729px; aspect-ratio: 729\/356;\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>Oil storage tanks. Credit:&nbsp;<\/em><\/strong><a href=\"https:\/\/www.planet.com\/pulse\/geospatial-intelligence-for-energy-sector\/\" target=\"_blank\" rel=\"noreferrer noopener\">Planet.com<\/a><\/p>\n\n\n\n<p><strong>Quantitative Analysis<\/strong><\/p>\n\n\n\n<p>Quantitative methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/medium.com\/planet-stories\/a-beginners-guide-to-calculating-oil-storage-tank-occupancy-with-help-of-satellite-imagery-e8f387200178\" target=\"_blank\">Analysing satellite images of oil tank storage roofs<\/a><\/li>\n\n\n\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.tomtom.com\/en_gb\/traffic-index\/new-york-traffic\/\" target=\"_blank\">Checking the traffic conditions in cities<\/a>&nbsp;after the COVID-19 crisis to see if they are reopening their economy. More traffic = more oil required<\/li>\n\n\n\n<li>Evaluating aircraft fuel demand by web scraping flight schedules data off a flight scanning site<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quantamental Techniques for Event<\/strong>&nbsp;Trading<\/h2>\n\n\n\n<p>Next, we look at how to use quantamental techniques for event-driven trades. This means that we are betting on an outcome of an event.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Case study: Brexit<\/h4>\n\n\n\n<p>Brexit is the withdrawal of UK from the EU. I won\u2019t spend time talking about what is Brexit, you can read more&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Brexit\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p><strong>Fundamental Analysis<\/strong><\/p>\n\n\n\n<p>Traditional fundamental analysis methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Listening to arguments by pro-brexit and anti-brexit politicians<\/li>\n\n\n\n<li>Understanding the dynamics between UK leaders and EU leaders<\/li>\n<\/ul>\n\n\n\n<p><strong>Quantitative Analysis<\/strong><\/p>\n\n\n\n<p>Quantitative methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.businessinsider.sg\/hedge-funds-paid-big-money-for-private-polls-on-brexit-2018-6?r=US&amp;IR=T\" target=\"_blank\">Launching a mass poll to survey the people\u2019s opinion on Brexit<\/a>&nbsp;and making hundreds of millions!<\/li>\n<\/ul>\n\n\n\n<p>I\u2019m sure hedge funds are doing these mass polls to trade the upcoming 2020 presidential elections.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quantamental Techniques at a Portfolio level<\/strong><\/h2>\n\n\n\n<p>In a sense, portfolio design and optimisation has always been quantitative.<\/p>\n\n\n\n<p>The&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Modern_portfolio_theory\" target=\"_blank\">Markowitz Portfolio Theory<\/a>&nbsp;(AKA Modern Portfolio Theory AKA MPT) influenced the way fund managers have been building their portfolios since the 1950s.<\/p>\n\n\n\n<p>MPT entails designing a group of assets in a way that maximises expected returns while minimising volatility.<\/p>\n\n\n\n<p><strong>Fundamental Analysis<\/strong><\/p>\n\n\n\n<p>Traditional fundamental analysis methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Markowitz Portfolio Theory<\/li>\n\n\n\n<li>Adjusting offense and defense based on where we are in market cycles<\/li>\n\n\n\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Fama%E2%80%93French_three-factor_model\" target=\"_blank\" rel=\"noreferrer noopener\">Fama-French 3-factor model<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Carhart_four-factor_model\" target=\"_blank\" rel=\"noreferrer noopener\">Carhart four-factor model<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Quantitative Analysis<\/strong><\/p>\n\n\n\n<p>Quantitative methods include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Risk_parity\" target=\"_blank\">Risk parity models<\/a>&nbsp;(sometimes known as smart beta) \u2013 neutralising market, sector and other risks. Examples:\n<ul class=\"wp-block-list\">\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Bridgewater_Associates#All_Weather\" target=\"_blank\">Bridgewater All-Weather portfolio<\/a><\/li>\n\n\n\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.quantopian.com\/papers\/risk\" target=\"_blank\">Quantopian factor model<\/a><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><a rel=\"noreferrer noopener\" href=\"https:\/\/en.wikipedia.org\/wiki\/Statistical_arbitrage\" target=\"_blank\">Statistical arbitrage models<\/a>&nbsp;\u2013 this is more of a trading model than an investing model. This involves buying stocks that dipped and shorting those that spiked while maintaining market neutrality.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>End note<\/strong><\/h3>\n\n\n\n<p>Even though quantitative methods are more recent than fundamental methods, they aren\u2019t necessarily better. Fundamental methods aren\u2019t necessarily better than quantitative methods either.<\/p>\n\n\n\n<p>Both fundamental and quantitative methods have their advantages and disadvantages. It depends on how they are applied and the skills of the practitioner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.<\/p>\n","protected":false},"author":1189,"featured_media":193117,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[339,338,341],"tags":[806,5926],"contributors-categories":[13746],"class_list":{"0":"post-193083","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-data-science","8":"category-ibkr-quant-news","9":"category-quant-development","10":"tag-data-science","11":"tag-quantamental","12":"contributors-categories-algotrading101"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is Quantamental? 3 Techniques to Investing | IBKR Quant<\/title>\n<meta name=\"description\" content=\"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/193083\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Quantamental? 3 Techniques to Investing | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-07T14:27:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-08T00:37:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucas Liew\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucas Liew\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Lucas Liew\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/bbfe6b8358723989aba3ca9917f4a9df\"\n\t            },\n\t            \"headline\": \"What is Quantamental? 3 Techniques to Investing\",\n\t            \"datePublished\": \"2023-07-07T14:27:24+00:00\",\n\t            \"dateModified\": \"2023-07-08T00:37:37+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/\"\n\t            },\n\t            \"wordCount\": 895,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/07\\\/robot-hand-making-contact-human-3d.jpg\",\n\t            \"keywords\": [\n\t                \"Data Science\",\n\t                \"Quantamental\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Data Science\",\n\t                \"Quant\",\n\t                \"Quant Development\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/\",\n\t            \"name\": \"What is Quantamental? 3 Techniques to Investing | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/07\\\/robot-hand-making-contact-human-3d.jpg\",\n\t            \"datePublished\": \"2023-07-07T14:27:24+00:00\",\n\t            \"dateModified\": \"2023-07-08T00:37:37+00:00\",\n\t            \"description\": \"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/ibkr-quant-news\\\/what-is-quantamental-3-techniques-to-investing\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/07\\\/robot-hand-making-contact-human-3d.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/07\\\/robot-hand-making-contact-human-3d.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563,\n\t            \"caption\": \"Quant\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/bbfe6b8358723989aba3ca9917f4a9df\",\n\t            \"name\": \"Lucas Liew\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/lucas-liew\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is Quantamental? 3 Techniques to Investing | IBKR Quant","description":"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/193083\/","og_locale":"en_US","og_type":"article","og_title":"What is Quantamental? 3 Techniques to Investing | IBKR Campus US","og_description":"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/","og_site_name":"IBKR Campus US","article_published_time":"2023-07-07T14:27:24+00:00","article_modified_time":"2023-07-08T00:37:37+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","type":"image\/jpeg"}],"author":"Lucas Liew","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lucas Liew","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/"},"author":{"name":"Lucas Liew","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/bbfe6b8358723989aba3ca9917f4a9df"},"headline":"What is Quantamental? 3 Techniques to Investing","datePublished":"2023-07-07T14:27:24+00:00","dateModified":"2023-07-08T00:37:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/"},"wordCount":895,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","keywords":["Data Science","Quantamental"],"articleSection":["Data Science","Quant","Quant Development"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/","url":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/","name":"What is Quantamental? 3 Techniques to Investing | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","datePublished":"2023-07-07T14:27:24+00:00","dateModified":"2023-07-08T00:37:37+00:00","description":"Quantamental techniques have been around for a while. Most firms use a mix of quantitative and qualitative fundamental techniques.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/what-is-quantamental-3-techniques-to-investing\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","width":1000,"height":563,"caption":"Quant"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/bbfe6b8358723989aba3ca9917f4a9df","name":"Lucas Liew","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/lucas-liew\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/07\/robot-hand-making-contact-human-3d.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/193083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/1189"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=193083"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/193083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/193117"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=193083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=193083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=193083"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=193083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}