quantitativefinance

Numeraire (NMR) is the native token of Numerai, a quantitative hedge fund that leverages machine learning models built by a global network of data scientists.
The system is based on participants developing predictive models each week using anonymized financial data. Each model generates predictions that are evaluated based on their out-of-sample performance against real market data.
The top-performing signals are aggregated into a meta model, which is what drives the fund's investment decision-making. This approach allows for the combination of multiple independent models into a single aggregated strategy.