Minerva

Run the infrastructure quant funds run.

Institutional-grade quant testing for everyone.

Our only investors are individuals employed by
Two SigmaCitadelMillenniumCubist
The method

Signals. Strategies. Trades.

01
Generate your signal
signal
02
Optimize your strategy
optimize
03
Trade it
trade
The Gauntlet

A new standard in strategy robustness.

Optimize strategies with unprecedented insight into luck vs. robustness.
Backtest using state-of-the-art statistics.
Illustrative animation · not a live resultPreview simulated
Portfolio & paper trading

Build your own portfolio.

A single strategy is fragile. Combine your sealed survivors into a portfolio that trades as one — and let the risk model do the weighting a quant team would do.

The book · 6 survivors, traded as onePAPER · LIVE
+$0book P&L · hypothetical, illustrativeSimulated, prepared with hindsight. Not a representation that any account will achieve similar results.
DIVERSIFYManage correlations.
GRADEGet a portfolio robustness score.
WEIGHTThree ways to weight.
RUNTrade it forward.
Correlation between your holdings
MOMREVVOLCARBRKTRDMOM1-0.40.10.20.50.5REV-0.410.0-0.1-0.4-0.4VOL0.10.010.40.00.2CAR0.2-0.10.410.10.2BRK0.5-0.40.00.110.4TRD0.5-0.40.20.20.41
moves together diversifiesillustrative · ρ
Weighting method
Portfolio robustness
A−
ConcentrationLow
Effective bets4.8
Tail riskModerate
The verdict

Is the edge real?

Our MinervaScore and pass/fail seal estimate how likely your result is luck — using five gold-standard statistical measures.

Trial 1 of 1 survivors · Kalman Filter · AAPL · 1day · 2019-01-02 to 2025-03-14
MinervaScore
79
Seal · Fail
1 gate short.
DSR
PASS0.96
PBO
PASS0.31
SPA
PASS0.070
MinTRL
PASS0.71
Window stability
FAIL0.52
Sharpe
0.88
Sortino
1.23
Calmar
0.70
Cum. return
110.98%
CAGR
12.80%
Win rate
56.54%
Trades
214
Winners
121
Losers
93
Max drawdown
-18.40%
Avg winner
3637.60
Avg loser
-3532.30
Final equity
$210,980
Profit factor
1.34
Expectancy
518.60
Equity curve · account value ($)260 pts · sampled 260
$211K$183K$155K$128K$100K
bar 1bar 260
Drawdown · derived from equity (%)min -18.40% · sampled 260
0%-25%-50%-75%-100%
bar 1bar 260
Returns histogram · per-bar returnn=259 · μ=0.29% · σ=0.52%
403020100
-1.16%-0.57%+0.02%+0.61%+1.19%+1.78%

Illustrative example · not a live result · backtested results are hypothetical

About us

We built Minerva to make institutional-grade quant tools available to everyone.

We believe that most observations are the result of luck, not patterns. Trading strategies are fragile if they're not properly understood. Separating the signal from the noise is a hard problem, whether in physics or finance. The key to doing so is testing. And good testing requires two things: expensive computations, and the right data.

Minerva gives you both.

Minerva was born out of a failed search for a rigorous backtester — and a bigger failure when we asked the latest and best AI models to build one instead. The unfortunate truth: all of them produced garbage disguised as an amazing high-Sharpe trading strategy. Why? Because understanding a trading signal requires computational power that your machine at home doesn't have — so the AI never built it. Quant funds devote serious resources to computer science, so we did too.

Our founding team, including PhDs in physics and math, works with advisors and investors from the world's leading quantitative funds to build a quant testing system engineered to the statistical standard of institutional research. It runs on a purpose-designed computing cluster to deliver state-of-the-art statistics at speeds that allow any quant — aspiring or professional — to test many signals across large universes of stocks.

With Minerva, the world of quant trading is finally at your fingertips.

Pricing

Minerva is your quant

A state-of-the-art quant researcher for a small fraction of what you'd spend on Ph.D.s, coders, and infrastructure.

Researcher
$99$79/mo
billed annually
Save $240 a year

Everything you need for state-of-the-art quant research

Choose Researcher
14-day money-back guarantee
  • MinervAI Copilot and no-code signal creator
  • 100 included starter credits
  • Full library of 40+ signals
  • World’s best strategy optimizer and backtester
  • P&L reports featuring MinervaScore robustness
  • 5 years of stocks and ETFs data
  • 1-min through 1-day bars, OHLCV plus corporate actions
  • Research digest
  • 5% discount on credit packs
Most popular
Trader
$249$199/mo
billed annually
Save $600 a year

Everything in the Researcher tier plus execution tools

Choose Trader
14-day money-back guarantee
  • MinervAI Copilot and no-code signal creator
  • 200 included starter credits
  • Full library of 40+ signals
  • World’s best strategy optimizer and backtester
  • P&L reports featuring MinervaScore robustness
  • 10 years of 1-min stocks and ETFs data
  • 1-min through 1-day bars, OHLCV plus corporate actions
  • Research digest
  • Portfolios and risk optimizer
  • Streaming trading decisions from your signals
  • Up to 200 live portfolios, unlimited symbols per strategy
  • Paper trader
  • 10% discount on credit packs
Institutional
Contact for pricing

Your quant desk as a service

Contact us
14-day money-back guarantee
  • MinervAI Copilot and no-code signal creator
  • Special credit pricing
  • Advanced signals including residualized signals
  • World’s best strategy optimizer and backtester
  • P&L reports featuring MinervaScore robustness
  • 10 years of 1-min stocks and ETFs data
  • 1-min through 1-day bars, OHLCV plus corporate actions
  • Research digest
  • Portfolios and risk optimizer
  • Streaming trading decisions from your signals
  • Up to 200 live portfolios, unlimited symbols per strategy
  • Paper trader
  • Full data rights and privacy
  • Advanced workflow:
  • Signal IC tearsheets and timeframe validation
  • Regime detection and awareness, including HMM
  • Point-in-time ticker universe awareness
  • Research campaign runner
  • Direct support from Minerva