Shorting Public Soccer Club Stocks Before Major Matches

Summary

The strategy shorts publicly traded soccer club stocks at the close before a major match and holds positions for one day. When several clubs play on the same date, their short positions are equally weighted. The implementation uses match-date data to identify eligible clubs and liquidates existing positions before opening the day’s basket.

The supplied code identifies a universe of listed clubs, uses daily price data, and applies a custom transaction fee model. It also sets leverage and relies on an external match schedule and price series. The document gives the trading rule and implementation mechanics but includes no backtest results, rationale for the pre-match effect, benchmark comparison, or discussion of short-sale availability and costs beyond the modeled fee. Any performance conclusion would require independent testing.

Key ideas

• The strategy shorts listed soccer club stocks before major matches and holds them for one day.
• Positions are equally weighted when multiple eligible clubs play on the same date.
• The implementation selects stocks by match date and closes existing holdings before trading.
• The code applies leverage and a custom fee model, but provides no evidence of strategy performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.