How it works
Empirico wants to make easy and accessible the configuration, execution, testing, and comparison of systematic investment strategies and help you turn them into real trades.
Unlike alternative tools, it is powerful enough to run the strategy across a universe of investable instruments, and to generate a portfolio which is then automatically rebalanced for the timespan of the user-defined simulation.
Configure strategy parameters and investable universe
When you create a new simulation, Empirico guides you through the definition of relevant parameters that define the investable universe and other relevant criteria. This information essentially tells the algorithm what criteria to apply when running the simulation, what constraints to consider and any foreseeable cost.
Run strategy backtesting
Once your strategy is set up, you can let Empirico run its backtesting algorithm on it.
In this step, Empirico will generate an initial portfolio out of your universe and then rebalance it according to the criteria you specified.
Unbiased security selection
Empirico rebalances your portfolio at intervals you define by applying your strategy to the investable universe, alongside any fees, slippage or specific parameters you defined.
Analyze advanced reporting
For each simulation you run, Empirico provides you with professional level reporting over its outcome.
You are able to grasp into the little details of what happened over time, compare results with a selected benchmark, and even look at securities one-by-one.
Advanced strategies comparison
We are working to make strategy comparison even more powerful, by adding advanced reporting comparing every relevant strategy parameters in a single view. Sign up below for relevant updates on this and other features!
Optimize your strategy
Once you have refined your strategy, Empirico can help you use it for active investment. When you activate this feature, an Investment View is generated from your strategy. You will get access to your first portfolio and order list, and you will be able to adjust the list to the actual trades you make.
This way, at any given rebalancing period, Empirico will generate, display and even send you via email the Market Order list to impement according to your defined strategy.
Please note that Empirico is not a trading or brokerage system, and you will have to pass real orders on your third-party platform of choice. The Empirico team is currently working on some direct integrations with the most known trading and brokerage platforms.
Do you want a preview of Empirico?
Empirico is open to integrate any reliable market data provider who wants their user to leverage the power of backtesting.