The algorithms used by Spotalpha are designed to analyse the market without any biases. Therefore, the price of purchase or allocation percentage to a specific instrument is not considered as part of Spotalpha’s analysis.
Spotalpha’s analysis is only based on factors such as trend, market breadth, volatility, maximum drawdown, standard deviation, correlation, etc. In addition Spotalpha uses AI models to speed up it’s analysis.
Useful Links:
India Spotalpha
How to Use Spotalpha (YouTube)