Actually, this page should have been titled About Me; there is no us!  My name is Robert Murray, and Omicron Research Institute is basically a one-man operation consisting of me alone!  I wrote the QuanTek program, and before that its predecessor StockEval, entirely on my own.  I am beginning to wonder if a program like QuanTek could even be written by a team of people working together.  It would probably be impossible.

I have a Ph.D. in Theoretical Particle Physics from UT-Austin.  Many theoretical physicists have gone into Finance, due to some of the very arcane mathematical calculations that are required in that field.  Personally, I think the mathematics of Stochastic Processes and Time Series Analysis is even more demanding than that required in Particle Physics (including String Theory)!  I have gone over a lot of math trying to find the right ideas to use in the QuanTek program, so I think all the mathematical and scientific training has paid off.  There is also a group in the UT Physics department, in the Complex Dynamics group, studying the stock market as a complex dynamical system.  I am very much in tune with these developments also, and I used to sit in on Ilya Prigogine's lectures at UT.  I am also trying to develop some ideas in Quantum Mechanics which lie on the boundary between Particle Physics and Complex Dynamics.  My work on the stock market has given me some ideas for Physics that might be worthwhile, although they will be very arcane!

I also have a stock broker license, namely the Series 7 and Series 63 licenses.  So this officially qualifies me as a financial professional.  But I decided that it did not make much sense to try to sell people individual stocks.  I was much more interested in studying the dynamical and mathematical structure of the financial markets as complex dynamical systems, from the point of view of Physics, than in merely trying to sell people stocks.  So I am trying to sell the QuanTek program instead, to enable short-term traders and long-term investors to try to maximize returns on their stock portfolios while minimizing risk.  The QuanTek program does not even try to select one individual stock over others, as being somehow "better" than the others.  Different stocks are appropriate for different investors.  But after you have selected the stocks you like, hopefully on the basis of their fundamental strength and the strength of their economic sector at any given time, QuanTek helps you build an optimal portfolio out of these chosen stocks, and helps you time your trades for an optimal short-term trading strategy.  Really, it matters less which individual stocks you choose, and much more on how you assemble these stock choices into a well-diversified optimal portfolio, and then vary the position in each stock according to an appropriate set of short-term (or long-term) trading rules.  Stocks should be chosen on the basis of fundamental and economic factors, within the context of an overall diversified portfolio.  It is also important to understand the overall state of the stock market as a whole, and of the overall economy, in order to put each individual stock into its proper perspective.  (These are factors which QuanTek does not address.)

My goal is to write the most effective stock trading program possible, based only on the best and most sound scientific and mathematical principles available.  I would also like to try to make the QuanTek program into a bona-fide tool for scientific research.  This means incorporating all the relevant statistical tests that are available, and then testing the financial data for the existence of various types of correlation.  I have already found some significant correlation in the data, and incorporated trading rules into the present version of QuanTek which take advantage of this correlation.  But there is always a lot further to go in this field.  There are many avenues for improved types of digital filters, including the Kalman filter, to explore.  Another virtually unexplored area is that of higher-order statistics.  But, unlike many others, I want to incorporate only tools and techniques that make rational sense and that can be demonstrated to actually work in the real world, not just "hypothetically".  I want the QuanTek program to be up to the highest scientific standards, as well as being a useful trading tool for the real-world investor or trader.

As always, "Past performance is no guarantee of future results."

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Last modified 09/29/2006 .

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