Etesia Research
Research & Insights
Analysis, breakdowns, and field notes on institutional-grade quantitative strategies, onchain yield, and the evolving DeFi landscape.
- Education
Which fund did better?
A plain-language guide to comparing performance with the Sharpe, Sortino and Calmar ratios.
- Education
What risk are you actually taking?
A plain-language guide to volatility, drawdowns and the risks a price chart does not show.
- Strategy
Trend Following – Systematic Macro Trading
Not an investment advice – ACADEMIC PURPOSE ONLY Why trade trend following, and why on crypto and RWA Over the simulated year from April 2025 to April 2026, our trend-following strategy returned 35.3% net with a 1.26 Sharpe ratio, while exhibiting a correlation of -0.22 to Bitcoin and -0.40 to the S&P 500. At equivalent […]