Quantum Stock Portfolios -Chicago Quantum Talk Series Part 2

Speakers: : Zoom link : https://us02web.zoom.us/j/81994448117?pwd=OUVoUENUZU1GTlZITkFwOEVkSlB5UT09

Jeffrey Cohen, President, Chicago Quantum
Alex Khan, CPO, Chicago Quantum
Clark Alexander, Mathematician, Chicago Quantum

Moderator: Virendra Galotra, Ph.D. , MBA -Director @ Oracle

In summary, we select two stock portfolios out of the results from a D-Wave Systems quantum annealing computer, out of a universe of 60 stocks. It costs us 20 seconds of quantum computing time. The two stocks selected by the genetic algorithm, AMP and APA, were in all the best CQNS portfolios, which also had relatively higher expected returns and risk. The best Sharpe ratio and CQR portfolios had relatively lower expected returns and risk. The difference between these was 40% to 50%.
Finally, we have no evidence that any of these portfolios are ‘optimal’ or ‘best’ or likely even in the top 25% of portfolios we could have selected. They were chosen based on prior 12-month performance, which is no guarantee of future results. What we do know is that we use a quantum computer for 20 seconds to look through 1.15 x 10¹⁸ portfolios and we select portfolios that we will track and measure against the universe of stocks they were selected from.

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https://www.youtube.com/watch?v=ox0zsA1d5PQ

https://medium.com/@cohen.sourcing

https://www.chicagoquantum.com

Zoom link : https://us02web.zoom.us/j/81994448117?pwd=OUVoUENUZU1GTlZITkFwOEVkSlB5UT09