RupeeCase | Systematic Quantitative Investing Terminal by QC AlphaRupeeCase | Systematic Quantitative Investing Terminal by QC Alpha
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RupeeCase Learn/Path 02/Intermediate

Systematic Investing Fundamentals

Learn why rules beat gut feeling, explore factors, risk metrics, backtesting, and build your first strategy.

  • 5modules
  • 44 minof reading
  • 31question path test
  • Freewith a certificate
Start at 2.1See the stops

01The line

5 stops, in order.

The case for rules over gut, with the math. What a factor actually is, which risk metrics matter, and what a backtest can and cannot prove.

0of 5 done on this device

  1. 2.1Why Rules Beat Gut FeelingEvidence for systematic over discretionary investing9 min
  2. 2.2Introduction to FactorsValue, Momentum, Quality, Size, Low Volatility10 min
  3. 2.3Risk Metrics That MatterSharpe, Sortino, max drawdown, alpha, beta8 min
  4. 2.4How Backtesting WorksSurvivorship bias, look-ahead bias, costs8 min
  5. 2.5Building Your First Systematic StrategyUniverse, signal, portfolio construction, rebalancing9 min, path test

02Outcomes

What you will be able to do.

  • 01Understand how rules based investing differs from discretionary investing, and where each one fails
  • 02Identify the 5 classic factor premia: Value, Momentum, Quality, Size, Low-Vol
  • 03Calculate Sharpe, Sortino, max drawdown, alpha, and beta
  • 04Design and critically evaluate a backtest

03Certificate

Pass the path test.
Keep the proof.

Complete the 5 module quizzes, then take the 31 question path test at the end of Module 2.5. Pass to earn your certificate as a PNG with your name on it.

  1. 1Pass the 5 module quizzes7 of 10 on each, retake any time
  2. 2Take the 31 question path test22 correct to pass, no timer, at the end of module 2.5
  3. 3Get the certificateYour name, the path, the date, an ID and a QR code to verify it; PNG or PDF
Jump to the path test About the certificates

04Questions

About Path 02.

What is a quantitative index and how is one built?

A quantitative index picks and weights its stocks by fixed rules written in advance, such as momentum or quality, instead of by company size. An algorithm applies the rules and rebalances on a set schedule, so nobody decides by feel. Module 2.5 walks through the build: universe, signal, portfolio construction and rebalancing.

Which factors does Path 2 introduce?

Module 2.2 introduces five factors: value, momentum, quality, size and low volatility. Path 3, Factor Investing Deep Dive, then takes each one in turn, with Indian evidence.

How does Path 2 teach backtesting?

Module 2.4, How Backtesting Works, covers survivorship bias, look-ahead bias and costs. Module 2.3 covers the risk metrics used to judge a result: Sharpe, Sortino, max drawdown, alpha and beta.

Explore next

Where to go next.

Pillar guideSystematic Investing18 modules across paths 2, 3, 5 Apply it on RupeeCaseAllcap Multi AssetMulti asset with debt and gold sleeves. Model, back tested.

Education only, not investment advice. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a fund, a PMS or a SEBI registered investment adviser. Model returns are back tested and not a promise of future returns. Figures carry the date they were checked.