Disclaimer

What this site publishes

Precision Capital Academy LLP publishes empirical research into financial markets, educational content about how markets and derivatives work, and commentary on method and evidence.

Research published here describes what was found in a specific dataset, over a specific period, using a specific method. Findings are conditional on all three, and the papers say so.

What this site does not provide

Nothing on this site is personalised investment advice, a recommendation to buy or sell any security, an offer or solicitation, or a suggestion that any strategy is suitable for any particular person.

• No personalised investment advice or portfolio guidance
• No trade recommendations, calls or signals
• No performance claims, return projections or profit expectations
• No management of client money, and no solicitation of it

Research is not a strategy

A published finding about how a market behaves is not a trading system, and should not be read as one. In particular, a statistical association reported in a paper is a statement about a historical sample — not a claim that acting on it would have been profitable, and not a claim that it will persist.

Where a paper reports that a signal fails out of sample, that is a finding about that signal in that setting. It is neither a general claim about the underlying concept nor an implicit endorsement of some alternative.

Risk

Trading and investing in financial instruments — derivatives in particular — carries substantial risk, including the risk of losing more than the amount originally committed. Past performance and historical patterns are not reliable indicators of future results.

Anyone considering acting in these markets should consider their own circumstances and, where appropriate, seek advice from a licensed professional in their jurisdiction.

Regulatory status

Precision Capital Academy LLP makes no claim to be registered with, licensed by, or authorised by any financial regulator. No statement on this site should be read as implying such registration.

It is not affiliated with any university, exchange, broker, asset manager or regulator.

Accuracy and revision

Research published here may be revised. Working papers in particular are explicitly labelled as such, are not peer reviewed, and may change materially between versions.

Errors are corrected when they are found. If you believe something published here is wrong, please say so through the contact page — a correction is more useful than a quiet omission.

Third-party links

This site links to external resources such as preprint servers, code repositories and video platforms. Those sites are governed by their own terms and privacy policies, and are not under the control of this organisation.