Sigma Black Systems · sigmablack.co

Systematic market intelligence.
Transparent models.
Real numbers.

Independent quantitative research for self-directed investors seeking an evidence-based framework for navigating markets. Join the free founding list today and instantly receive the first issues of our flagship newsletters: Signal to Noise and Positions Closed.

Join Free See the Numbers
Founder’s Live Equity Curve

Real capital.
Real returns.

The founder's live equity curve performance since the beginning of systematic trading, September 2024. Broker verified execution. See disclaimer.
Year to Date
As of May 2026
+86.7%
+77.0% vs SPY
Total Return
Since Sep 2024
+142.0%
+105.8% vs SPY
CAGR
Since Sep 2024
+66.5%
+47.0% vs SPY
Max Drawdown
Since Sep 2024
-29.2%
-11.8% vs SPY
MAR Ratio
CAGR ÷ Max Drawdown
2.28
+1.16 vs SPY
Backtest Performance Dashboard

The numbers,
unfiltered.

Backtest spanning January 2004 to August 2024. Slippage and commission estimates incorporated. See disclaimer.
SCROLL
Model CAGR Max DD MAR vs S&P 500
S&P 500 (Benchmark)
 10.2%-55.2%0.18
N/A
Sigma Foundation
Tier 1 Paid
 10.1%-14.7%0.69
+0.0%
Sigma Vector
Tier 1 Paid
 15.7%-15.7%1.00
+5.5%
Sigma One
Tier 2 Paid
 26.2%-20.9%1.25
+16.0%
Sigma Black ★
Tier 3 Paid
 33.0%-33.1%1.00
+22.8%
Sigma Alpha ◆
Personal, not available
 37.6%-29.2%1.24
+25.8%
The Story

Not from
finance.

I have a PhD in biology, where I built computational pipelines to process massive genomic datasets. I also have several peer-reviewed publications in international journals. I run a small business in Toronto. I have no CFA designation, no institutional background, and no Wall Street connections. Instead, I rely on a scientific mindset, a systematic approach to problem-solving, two decades of backtested model history, and a live track record that began in September 2024.

"The scientific method applied to markets. Hypothesis. Testing. Out-of-sample validation. Iterate."

I built my systematic trading models the same way I would design an experiment. Start with a hypothesis about market behavior. Turn it into rules. Test those rules on data the model has never seen. If they do not hold up out of sample, discard them. If they do, keep the model and put real money behind it.

I now publish exactly how those models perform over time. This briefing goes out twice a month, on the 10th and the 25th, and it treats the easy stretches and the hard ones the same way. That includes early 2025, when a 29.2% peak drawdown forced me to decide whether I really trusted my own rules. I stayed with them. By year end, I was up 17.4%.

What the Briefing Is

Research,
not signals.

The Sigma Black Briefing is research for people who want to take ownership of their investments. It provides a systematic lens for viewing risk and evaluating performance against traditional buy-and-hold strategies.

When the premium tiers launch, these briefings will track model allocations, exact market regime changes, and shifting conditions in real time. You won't see the proprietary code inside the black box, but you will see the exact outcomes it produces. Study the process. Compare the logic against your own decisions. Take what is useful.

This is not a signal service. I don't tell you what to buy or sell. I publish the results, including the bad months, and leave the execution to you.

THE FOUNDING LIST

Join the free list.
Get the first issues instantly.

Join the free list today and instantly receive the first issues of our premium newsletters: Signal to Noise: One Retail Trader’s Quest for Clarity and Positions Closed: A Look Back at Trades That Mattered.

When the briefing officially launches, you will receive free updates on the 10th and 25th of every month. These public reports track live year-to-date results, max drawdowns, and benchmark performance for the Sigma models, alongside limited updates on my personal equity curve. You will also be notified when the premium tiers become available.

Free forever  ·  No credit card  ·  Premium tiers coming soon

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Bonus Puzzle

Can you decode the
Sigma Black Box?

We never reveal the logic inside our proprietary trading models, but we built one Black Box you are actually allowed to crack. Solve the weekly market-language puzzle below. Start practicing, because when premium tiers launch, solving that week's puzzle will unlock a 5% subscription discount. New puzzles every Monday morning.

Gold means exact placement. Bronze means right letter, wrong slot. Grey means the letter is out of the model.
Sigma Black Box
Hint: Direction that persists beyond noise.
Try 1 / 6
Type a five-letter market word to begin.
DISCLAIMER: Information provided by Sigma Black Systems is for informational and educational purposes only and does not constitute investment, legal, tax, or financial advice. Past performance is not indicative of future results. Backtested results are hypothetical and have inherent limitations. Sigma Black Systems is not a registered investment advisor, dealer, or broker.