Understanding the principles of Quant can provide a significant competitive advantage in the dynamic world of finance.
Industry participants attribute the increasing demand for quant strategies to a combination of factors, including better transparency and minimal influence of human emotional bias with respect to stock selection and churn.
Market regulator Sebi has conducted search and seizure operations on Sandeep Tandon-owned Quant Mutual Fund suspecting front-running as part of a probe into suspected front-running, three people familiar with the development said. The search and seizure operation was conducted across two locations – Mumbai and Hyderabad. While on search location was Quant Mutual Fund’s Mumbai HQ, the other was a suspected beneficial ownership connection in Hyderabad, one source confirmed.
Quant funds offer inherent advantages, including reduced human bias, robust risk management, process-driven methodologies, and cost-efficiency for mutual fund investors. Despite these advantages, consistent outperformance by Quant-based funds in the Indian market is yet to be seen.
The fund manager of quant based scheme identifies stocks using the computer-based algorithm that utilises various macro, fundamental and technical factors including volume, volatility, liquidity, value, momentum and alpha. There are seven quant based equity MF schemes available in India which are following different in-house models to build their portfolio
The brokerage firm feels that CV cycle is likely to recover on the back of uptick in replacement demand, improving macros, better freight operator profitability and low base.
According to Gagan Dixit, Oil & Gas Analyst at Quant, one may Reliance Industries, may test Rs 1206.
Rishav Dev of Quant is not too worried about the decline in fund flows in September. He says maybe the magnitude of flows has slowed, but it is inflows nonetheless. Moreover, he adds, global factors are in India's favour.
According to a Quant report, most pharma companies continue to have strong ANDA filings pending for approval, which gives enough confidence of high long-term growth, subject to timely regulatory approval.
Dixit is bullish on IOC and BPCL and sets the target price for the stocks at around Rs 430 and Rs 700, respectively.
Gagan Dixit, oil & gas analyst at Quant advises buying Reliance Industries.
Both employee cost and other expenses have hurt Exide's margin, says Quant Broking's Basudeb Banerjee.
Capital goods stocks have not witnessed any material pick-up in orders, and could see bottoming out of margins in the next 2-3 quarters.
Himanshu Nayyar, Analyst Agri Sector of Quant recommends buying Deepak Fertilizers and Petrochemicals Coprn.
Himanshu Nayyar, Analyst Agri Sector, Quant told CNBC-TV18 that he is is cautious on getting into Mangalore Chemicals and recommends buying Deepak Fertilisers with long term perspective.
Abhineet Anand, Quant Broking, says that over the last one month the stock has corrected from around Rs 165 to the current levels of Rs 150. So, Rs 145 is a good price and it should be easily subscribed.
We have been bearish on India over the last 2 months and we continue to be so in light of the bearish contagion spreading to other EMs, says Biju Samuel of, Quant.