Hypotheses
Hyperliquid Altcoin Betting Against Beta — Monthly Beta-Neutral Basket
Test whether demand for amplified crypto-market exposure overprices high-beta altcoins relative to low-beta altcoins. On synchronized 4-HOUR bars, buy two low-beta perpetuals and short two high-beta perpetuals from a…
Hypothesis
Test whether demand for amplified crypto-market exposure overprices high-beta altcoins relative to low-beta altcoins. On synchronized 4-HOUR bars, buy two low-beta perpetuals and short two high-beta perpetuals from a fixed six-name universe, balancing estimated market beta and holding each basket for 28 days. This adapts the leverage-constraint premise of [Frazzini and Pedersen, Betting Against Beta](https://www.aqr.com/Insights/Research/Journal-Article/Betting-Against-Beta), encountered through the local knowledge library's AQR factor references. The paper's evidence does not establish an edge in crypto; that extension is this experiment's falsifiable premise. Execute market orders at the signal bar's close, the registry's faithful equivalent to next-bar-open execution on a continuous venue. Protective stops trigger intrabar through platform matching. No independent opposing positions on the same instrument, exchange-hosted protection, or selectable same-bar policy is required.
Backtest and paper results are hypothetical. Trading involves risk of loss.