Looking to use our data for your systematic trading strategy or run a book together? Email enquiries@permutable.ai

PERMUTABLE LIVE TRACK

In line with our focus on market intelligence and proprietary AI-driven data, we ran a 16-month live trading experiment to validate our core sentiment signals. The experiment successfully demonstrated significant outperformance against key benchmarks and CTAs.

CONTINUED OUTPEFORMANCE THROUGH 2026

From October 2024 to Jan 2026, Permutable conducted a rigorous 16-month live trading experiment to validate the efficacy of our proprietary Co-Pilot technology’s sentiment signals, which are derived from deep market sentiment analysis. This successful validation exercise demonstrates that our sentiment-based edge is robust and deployable in real-world conditions.

If you are an allocator or would like to see a full breakdown of our results please email enquiries@permutable.ai

MetricPermutableS&P 500BCI
Total Return28.54%21.50%18.69%
Annualized Return20.86%15.83%13.80%
Annualized Volatility7.01%17.47%12.78%
Downside Volatility4.45%18.50%13.18%
Max Drawdown-2.95%-19.25%-10.15%
Best Day3.07%7.81%3.41%
Worst Day-1.19%-6.39%-4.51%

VALIDATED METRICS

  • Total Return 28%

  • Annualised Return : 20% 
  • Annualised Volatility : 7% (based on target vol)

  • Maximum Drawdown: 2.95%

  • Strategy Structure: Balanced long/short (50/50) exposure

  • Trading Universe: Highly liquid front-month futures across commodities

  • Beta versus Benchmarks: Low

  • Edge versus Benchmarks : ~16% Annualised

  • Risk Allocation: Evenly distributed VaR across global energy, agriculture, and metals markets

Strategic Direction Post-Experiment: Permutable continues the run the data business model with our clients. We look to identify, isolate and preserve edge.

SYSTEMATIC NEWSLETTER

If you are from a fund and would like to be added to our weekly systematic newsletter please email enquiries@permutable.ai to request to be added to the distribution list.