Zebra Capital Management, LLC
Zebra Capital Management, LLC
612 Wheelers Farms Road
Milford, Connecticut 06461
203 878 3223 tel
203 878 1113 fax
612 Wheelers Farms Road
Milford, Connecticut 06461
203 878 3223 tel
203 878 1113 fax
Zebra Capital Management is an independent, leading-edge investment firm managing several equity-focused investment vehicles. Founded in 2001, by Yale University professors Roger Ibbotson and Zhiwu Chen, the firm deploys a series of fundamentally-based, quantitative models. Professors Ibbotson and Chen’s years of teaching and academic research experience make possible the development of Zebra’s return forecasting models designed to effectively identify and capture dislocation and subtle price anomalies.
Zebra believes that equity markets are reasonably efficient at the overall level but price disparities occur at the individual security level due to emotional and behavioral biases and participants’ incentive structures. A systematic approach to investing backed by solid research allows Zebra Capital to exploit these disparities.
The core of Zebra’s investment philosophy is the application of a disciplined, quantitative approach to investment management based on a bottom up approach. While these models are rooted in fundamental analysis they possess the capability to evaluate real-time market inputs and quickly produce new, more profitable investment options. In addition, risk management is done through targeted leverage levels to avoid the look back bias of typical volatility targeting methods. The resulting models are implemented using Zebra’s sophisticated capabilities in algorithmic trading systems to minimize trading costs and operational risks.
The result is a set of funds with reasonable leverage, attractive absolute returns, low volatility and limited downside risk. The strategies have the added benefit of having low correlations with returns of other asset classes and quantitative managers.
Zebra believes that equity markets are reasonably efficient at the overall level but price disparities occur at the individual security level due to emotional and behavioral biases and participants’ incentive structures. A systematic approach to investing backed by solid research allows Zebra Capital to exploit these disparities.
The core of Zebra’s investment philosophy is the application of a disciplined, quantitative approach to investment management based on a bottom up approach. While these models are rooted in fundamental analysis they possess the capability to evaluate real-time market inputs and quickly produce new, more profitable investment options. In addition, risk management is done through targeted leverage levels to avoid the look back bias of typical volatility targeting methods. The resulting models are implemented using Zebra’s sophisticated capabilities in algorithmic trading systems to minimize trading costs and operational risks.
The result is a set of funds with reasonable leverage, attractive absolute returns, low volatility and limited downside risk. The strategies have the added benefit of having low correlations with returns of other asset classes and quantitative managers.