Quantext currently has three distinct focus areas in equities: 1) Monte Carlo portfolio planning for asset allocation and retirement planning Quantext's Portfolio Planner and Retirement Planner software provide individual investors and financial advisors with sophisticated Monte Carlo portfolio planning and asset allocation tools.  These tools support portfolios of stocks, mutual funds, and ETF's as well as accounting for employee stocks options in public firms.  More information is available here .  This software brings tools and analysis that are standards in professional portfolio management to individuals and advisors. 2) Analysis on online measures of investor sentiment for trading applications We work with a firm called Collective Intellect  that collects and analyzes online measures of investor sentiment from discussion boards and related new media channels.  Quantext is working with CI in developing analytical tools to analyze forward-looking value of these sentiment measures and how to trade around sentiment measures.  This work focuses on professional applications.  Our analysis and tools go beyond the academic work on this topic.  A good example of the academic analysis and conclusions can be found below: e-Information: A Clinical Study of Investor Discussion and Sentiment , Sanjiv Das, Asís Martínez-Jerez and Peter Tufano   Our analysis of this topic is available upon request by qualified firms.  3) Analysis of leading relationships between stocks for trading applications While stocks generate returns that are largely uncorrelated in time (the famous random walk), returns are correlated in time between stocks and sectors.  This accounts for the appearance of so-called bellwether effects in which one stock or sector leads others.  These effects are well known in the academic literature.  See, for example: Trading Volume and Cross Auto-Correlation in Stock Returns , Tarun Chordia and Bhaskaran Swaminathan We have conducted research on statistical bellwether effects and how they can be applied in trading and risk management.  We have written a monograph on this topic that is for the quantitatively-sophisticated analyst or trader.  The monograph covers a range of topics on basic market inefficiency as well as discussing the statistical evidence for bellwether effects---otherwise known as cross autocorrelation in returns.  The text discussed implications for volatility estimation/prediction and risk management.  Exploiting these effects is appropriate for speculative trading by experienced traders only.