201: Hayden Beamish – The Legwork, Execution and Management of Institutional Investments
Chat With Traders
00:00
The Effect of Mean Reversion on the Share Price
The further price gets away from VWAP above VWAP the less it's going to buy. I generally I'm not a fan of mean reversion as a general strategy because I always think if there's some mean reversion someone knows something I don't know and that's why it's reverting from the main. CSL which is a healthcare company in Australia is trading on the biggest gap between the the old oraries on it on a PE multiple that it has in 10 years. The algo will have to buy more later because it'll fill the volume so it might have to be more aggressive towards the end of the day.
Transcript
Play full episode
