Feature Guide - Hedge Baskets | Scribe

    Feature Guide - Hedge Baskets

    • Truman Xu |
    • 0 step |
    • 7 minutes
    Log into Boosted Insights.
    Click "Hedge Baskets"
    Click "+ New Experiment" to create a new hedge experiment.
    Name your experiment.
    To create a hedge basket, select the hedge option. To replicate the performance of a stock(s), select the mimic option.
    Search for the stocks you want to hedge.
    Select the correct ticker.
    Once you've added all of the stocks you want to hedge, click "Next".
    Select where you want your hedges to come from by searching for a stock universe. Within a universe, you can either choose Universe Only or a model. When you use a model, the machine will incorporate signals used in stock rankings to construct your hedge basket. The benefit of incorporating signals is if you have a good model, your basket can have greater outperformance.
    Models are grouped by universes, which you can see via the toggle.
    To remove a universe or model, click the "X" icon.
    To add additional universes and models, click on the universe you want. From there, you can select all the associated models.
    Click "Save".
    In this last step, you can add Baseline Portfolios to benchmark your hedge baskets and add or adjust scenarios to test.
    To create a new benchmark, click "+ Add Baseline".
    Click "+ Add Holdings" to add a stock to your baseline portfolio. Set the weight as "1" to long the stock or "-1" to short.
    Click "Save".
    By default, we provide several hedge scenarios that would be good to test.
    To edit one of our hedge scenarios, click the gear icon.
    You can see all of the scenario settings you can adjust for your scenario. See the section "Hedge Baskets Scenario Settings" to learn more about the different settings.

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