Macro Quant μPaper Replications μOpen Code μPublic Data μCarry μMomentum μTrend Following μMacro Quant μPaper Replications μOpen Code μPublic Data μCarry μMomentum μTrend Following μ
μ · Macro quant

Replicating the research that moves markets.

github.com/andremt

Taking seminal macro and quant finance papers, carry, momentum, trend, risk premia, and rebuilding their findings from scratch with public data and open code.

Replication log

All code →
μ · carry· Journal of Finance

Carry Trade Returns Across Asset Classes

Koijen, Moskowitz, Pedersen, Vrugt (2018)

Carry predicts returns across currencies, equities, bonds, and commodities. Replicating the cross-asset carry factor.

publishedView dashboard →
μ · momentum· Journal of Finance

Momentum Everywhere

Asness, Moskowitz, Pedersen (2013)

12-1 momentum works across 8 asset classes and 40 countries. Reproducing the momentum factor construction and performance.

planned
μ · trend· SSRN

Global Value and Momentum Strategies

Faber (2010)

Simple moving average timing rules applied to global asset allocation. Backtesting the 10-month SMA system.

planned
μ · risk· Financial Analysts Journal

The Death of Diversification Has Been Greatly Exaggerated

Asness, Frazzini, Pedersen (2012)

Leverage aversion and low-risk anomaly across asset classes. Replicating BAB (betting against beta) factor.

planned
Approach

How these replications work

Public data only
Yahoo Finance, FRED, Kenneth French data library, BIS. No Bloomberg terminal required.
Python + pandas
All code on GitHub, Jupyter notebooks you can run locally or in Colab.
Show the gaps
When I can't replicate a result exactly, I document why. Data vintage, index composition, fee assumptions.
View notebooks on GitHub