Competition Structure

Four weeks, 200 points

One week to declare your strategy, three weeks to trade it. Everyone competes in the same period and is scored on the same 200-point rubric.

The PeriodSame schedule for every registered participant

How the four weeks run

WEEK 1

80 pts

Strategy Declaration

Before trading opens, each entry submits a written report setting out its thesis, its rules, its quantitative method and its risk limits. Once submitted, the declared strategy is what you are judged against.

WEEKS 2–4

100 pts

Live Trading

Three weeks of trading a simulated portfolio in live market conditions on StockTrak. Scoring is percentile-based against the whole field on Sharpe ratio, alpha, Treynor ratio and absolute return.

THROUGHOUT

20 pts

Trading Integrity

Rule compliance and documentation are scored across the full period. Trades must follow the competition rules and be traceable to the strategy you declared.

Scoring

The rubric

Three components, 200 points in total. Quantitative metrics are ranked against the field; the report and integrity scores are assigned by judges.

200points total

Quantitative Metrics

Percentile rank against the full field, measured over the three trading weeks

100 points

Points awarded by percentile rank for each quantitative metric
Metric	Top 1%	1–5%	6–10%	11–15%	16–20%	21–30%	31–40%	41–50%	51–60%	61–70%	71–80%	81–90%
Sharpe Ratio 40	40	37	33	30	27	23	19	16	13	10	7	4
Alpha 30	30	27	24	21	19	16	13	11	9	7	5	3
Treynor Ratio 20	20	18	16	14	13	11	9	8	7	5	4	2
Absolute Return 10	10	9	8	7	6	5	4	3	2	1	1	0

Strategy Declaration Report

Submitted in week one and scored by judges

80 points

Strategy declaration report scoring bands by criterion
Criterion	17–20	13–16	9–12	5–8	0–4
Investment Thesis & Strategy	Exceptional clarity, coherent thesis and a well-defined strategy	Strong and well-developed strategy	Adequate strategy with some gaps	Limited or inconsistent strategy	Unclear or largely undeveloped
Quantitative Methodology	Rigorous and meaningful quantitative methodology	Strong use of quantitative analysis	Some meaningful quantitative analysis	Limited quantitative application	Minimal or no quantitative methodology
Risk Management	Comprehensive and well-justified risk framework	Strong risk management approach	Reasonable risk controls with some gaps	Limited or inconsistently applied controls	Little evidence of risk management
Criterion	9–10	7–8	5–6	3–4	0–2
Evidence-Based Decision Making	Extensive, credible and reproducible evidence	Strong supporting evidence and analysis	Adequate evidence supporting decisions	Limited evidence	Little or no supporting evidence
Communication & Presentation	Exceptionally clear, concise and professional	Clear and well organised	Generally understandable with some weaknesses	Difficult to follow in places	Unclear or incomplete

Trading Integrity

Assessed across the full four-week period

20 points

Trading integrity scoring bands by category
Category	10	8–9	5–7	1–4	0
Rule Compliance	Full compliance	Minor issues	Significant but non-disqualifying issues	Major violations	Severe or disqualifying violation
Transparency & Documentation	Complete, accurate and highly transparent documentation	Strong documentation with minor gaps	Adequate documentation	Significant gaps	Minimal, inaccurate or misleading documentation

Total score

100 quantitative · 80 report · 20 integrity

200