FactorSage

Signal Monitors · Lesson 5.1

What are real-time matches?

A monitor takes the rules from a strategy and evaluates them against the latest prices and fundamentals. A real-time match is simply a stock for which the rules currently evaluate true.

What a match represents

A match means the stock satisfies the conditions you specified — at this moment, with the current data. It is not a recommendation and it carries no probability estimate.

What it does not represent

  • It is not a backtest trade. The position would not necessarily have been opened in a historical simulation.
  • It is not a guarantee. The same rules can produce winners and losers.
  • It is not necessarily fresh. If fundamentals lag, the valuation underpinning the match may be days or weeks old.