Aperiodic · AF-PLR · FactsheetAs of Jul 24, 2026
AF-PLR
Polaris
polarisProprietary measure of short-term, normalized momentum effects across crypto assets.
CAGR
+34.44%
Ann. vol
17%
Sharpe
1.82
How the factor is constructed
Polaris is a proprietary, market-neutral measure designed to identify short-term, normalized momentum effects across crypto assets.
The universe consists of the most liquid and actively traded assets, identified on a rolling basis and survivorship-bias free. Positions are scaled by the inverse of rolling volatility; the factor is available point-in-time with hourly updates.
Signals
Momentum
Cross-sectional
Construction
Rank-weighted
Long / short
Risk
Vol-targeted
Inverse-vol scaled
Data
Point-in-time
Reproducible
Polaris
Performance & risk by period
| Period | Return | BTC | Ann. vol | Sharpe | Max DD |
|---|---|---|---|---|---|
| 1 month | +0.47% | +5.12% | — | — | -1.8% |
| 3 months | +18.93% | -17.26% | — | — | -1.8% |
| Year to date | +15.50% | -27.77% | — | — | -5.7% |
| 1 year | +33.29% | -45.85% | 13.7% | 2.21 | -7% |
| Since inception (CAGR) | +34.44% | +39.55% | 17% | 1.82 | -16.9% |