RT Journal Article SR Electronic T1 Timing Equity Quant Positions with Short-Horizon Alphas JF The Journal of Trading FD Institutional Investor Journals SP 53 OP 59 DO 10.3905/jot.2016.11.3.053 VO 11 IS 3 A1 Vinesh Jha YR 2016 UL https://pm-research.com/content/11/3/53.abstract AB Many managers of long-horizon quantitative stock selection portfolios do not use short-horizon alpha signals because of the fast decay of these signals. The author demonstrates a simple tactical trade timing strategy that allows a long-horizon manager to take advantage of short-horizon alphas without incurring additional transaction costs. He shows that the strategy’s value added is consistent across time and capitalization groups and does not affect the portfolio’s risk exposures.TOPICS: Portfolio construction, security analysis and valuation