Data science , Machine Learning and Artificial Intelligence form the pillars of today’s evolving technology. By harnessing the power of Data science and python programming , we recently developed a product that trades NIFTY 50 based on PE Ratio criteria. Our product demonstrates that even the simplest of strategies can provide handsome returns. A simple investing philosophy can be easily molded into different versions by adding or removing parameters. For instance , in this case , another criteria could be used instead of PE Ratio. We believe a strong combination of reliable and sufficiently accurate criteria can generate sustainable alpha.
Our product revolves around buying and selling NIFTY based on various PE Ratios. Specifically , our product is trained to buy NIFTY at 18 PE levels and sell at 21 PE levels. Here are some snapshots of the logic and coding behind this product.
This product generates an overall CAGR of approximately 23.3 %. Overall, the returns generated are healthy and sufficient.
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