Omega

Ω. The last. The conclusion. The ultimate limit of a set. The end of days. The kind of derivative exposure one or more of the four horsemen of the apocalypse might like - namely one where you can use backtesting with 100% confidence because for the first and only time in the history of the universe you will have all possible data — no doubt will remain — but it still won’t be any use BECAUSE THERE WILL BE NO FUTURE LEFT.

Look on the bright side: at least you can tell Compliance to get stuffed if they ask you to insert the usual disclaimer that “past results are no guarantee of future performance”.

See also

• Greeks - the home of all things Greek on this site. It’s our own little Athens.
• Alpha
• Beta
• Delta
• Nu - a trick for young players — and those with a degree in Classics.
• Omega — the end of days, and the right time for backtesting
• Vega — not really a Greek at all, but a maudlin singer-songwriter
• Enhanced beta
• Leveraged alpha
• Profound ontological uncertainty
• The rapture