Intermediate
Understanding Factor Investing From a Quant Lens
A rigorous, formula-first introduction to factor investing for quant analyst aspirants, prop trading applicants, and systematizing traders. Covers the theory behind why factors earn a premium, the core factor zoo (value, momentum, size, quality, low-volatility), and the practical mechanics of scoring, backtesting, and combining factors into a portfolio. Grounded in NSE and BSE data, Nifty factor indices, and Indian smart-beta ETFs throughout.
MODULES
5
DURATION
~3.4 hrs
TRACK
Quantitative Finance
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates
Curriculum Breakdown
Chapter 1: Why Factors? Foundations of Factor Investing
4 Lessons▶
What Is a Factor? From CAPM to the Fama-French Revolution10 min read
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The Anatomy of a Factor: What Makes a Characteristic 'Priced'10 min read
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Factor Investing in India: Smart Beta Indices and ETFs on the NSE11 min read
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Factor Investing vs Stock Picking vs Passive Indexing: Where It Fits9 min read
Chapter 2: The Core Factor Zoo
5 Lessons▶
The Value Factor: Measuring Cheapness Beyond Price-to-Earnings11 min read
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The Momentum Factor: Trends, the 12-1 Rule, and Reversal Risk11 min read
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The Size Factor: The Small-Cap Premium and Why It's Fragile10 min read
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Quality and Low-Volatility Factors: Defensive Alpha in Indian Markets11 min read
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Factor Cyclicality: Why No Factor Works All the Time10 min read
Chapter 3: Constructing and Testing a Factor Strategy
4 Lessons▶
Building a Factor Score: Ranking, Z-Scores, and Composite Signals12 min read
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Backtesting a Factor Strategy: Look-Ahead Bias, Survivorship Bias, and Data Pitfalls12 min read
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Portfolio Construction: Long-Only vs Long-Short, Rebalancing Frequency11 min read
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Combining Multiple Factors: Diversification Across Return Drivers11 min read