Archive - Unexpected Correlations by Unravel

Cross-Sectional Alpha Factors in Crypto: 2+ Sharpe Ratio Without Overfitting

In the early ’90s, the quant forefathers (Fama and French) introduced their now-canonical factor models: first three, then five, and eventually seven…

Aug 14 •

Mark Aron Szulyovszky

and

Daniel Szemerey

April 2025

How Speculative Money Flows into Crypto

Measuring how exogenous risk factors predict crypto returns

Apr 28 •

Mark Aron Szulyovszky

The unreasonable effectiveness of volatility targeting - and where it falls short

Part 1: Introduction, a paradox & blindspots

Apr 22 •

Mark Aron Szulyovszky

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