Japan Exchange Group, Inc. (JPX) launched "J-Quants", a Proof of Concept (PoC)* Project in January 2021 to provide a learning environment for trading utilizing IT and data analysis. An awards ceremony was held online for the competitions we have held so far - the fundamentals analysis competition and the news data analysis competition (hereinafter "both competitions").
Both competitions were held for novices in data analysis for the stock market, experts in data science and natural language processing to analyze stock prices, etc. using various data such as issue information, stock prices, fundamental data, NIKKEI online edition headlines text data, and timely disclosure data.
Overviews for both competitions are as follows:
| Fundamentals Analytical Challenge | News Data Analytical Challenge | |
| Purpose | To provide an opportunity for a wide range of people from novices in data analysis to those with knowledge of data science to become familiar with financial data that normally is rarely accessible whereby they become interested in investing through the utilization of data analysis | Same as on the left |
| Data for analysis | Financial statements data and stock prices data for each listed company | In addition to the data shown on the left, news headlines data and disclosure materials data |
| Challenge | Participants will use the data for analysis to estimate stock prices, highs and lows, after the announcement of financial results by listed companies to predict the future of the stock. | Participants will use the data for analysis to create an equity portfolio and compete for profit for approximately one month. |
| No. of Participants | 1,443 | 900 |
| No. of Posts | 1,513 | 850 |
| Period | January 29 to July 2021 | March 19 to July 2021 |
In addition to the awards presentation to winners of the top prizes from the competitions, the ceremony also included explanations of their analytical methods and general comments on this competition. The awards ceremony and winners’ comments can be viewed on the official JPX YouTube Channel.
The presentation materials and other data of the top-prize winners are also available on the links below. Please note that the presentation materials, online articles, and submitted models are those of the presenters and do not reflect the official opinions of JPX.
JPX will continue to consider providing an environment that makes it easy for retail investors to conduct trading utilizing IT and data analysis, based on the results of these activities.
*Details for J-Quants are available on the link below:
| Project Name | J-Quants |
| Project Outline | PoC testing to provide a learning environment for trading utilizing IT and data analysis |
| Project Owner | Japan Exchange Group, Inc. |
| IT Support Vendors | AlpacaJapan Co., Ltd. Amazon Web Service, Inc. |
| Data Provider | Nikkei Inc. QUICK Corp. |
| Test Period | January to July 2021 |
Contact
Japan Exchange Group, Inc.　FinTech Laboratory, Corporate Strategy
TEL:(Tokyo)+81-3-3666-1361
E-mail:j-quants@jpx.co.jp
