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QuantForge v2.0 Phase 1 & 2: Core Async client, models, configuration, and Agentic Generation Layer
1e68437 | # Double Neutralization on WorldQuant BRAIN | |
| Double Neutralization is an advanced neutralization strategy used to purge alphas of multiple styles of risk exposure. | |
| For instance, instead of neutralizing just by subindustry, one performs a two-stage neutralization: | |
| 1. Group neutralizing by SUBINDUSTRY (e.g. industry-neutral) | |
| 2. Neutralizing by a secondary risk factor or custom exposure bucket (e.g. size/market-neutral or factor-based neutralization). | |
| Usage: | |
| `group_neutralize(alpha, subindustry) - group_neutralize(alpha, bucket)` or using custom platform configurations. | |
| In FASTEXPR, this is often represented as adjusting weights or combining multiple `group_neutralize` operators. | |