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Research
Research Focus

Execution & capacity

Many strategies look compelling on paper and die on real execution. We model slippage, turnover and capacity so a strategy is judged by what it can actually do with capital.

What we study
  • Slippage and market-impact modelling per side
  • Turnover and the compounding drag of trading costs
  • Capacity limits — how much capital a strategy can carry
  • The gap between simulated and achievable fills
How we approach it

Costs-in testing

Every backtest carries realistic execution assumptions.

Capacity stated

We estimate the size at which an edge begins to erode.

Try the calculator

Our cost-drag tool shows how execution assumptions compound over time.

Open the cost-drag calculator
This page describes our research discipline and is educational in nature. It is not investment advice, a recommendation, or an offer, and contains no performance figures or predictions.
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