15/04/2026, 03:24 WorldQuant BRAIN
Simulate Alphas Learn Data Competitions (2) Team Community IQC
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1 /* Chapter 1 of 6: BRAIN Basics
2 HYPOTHESIS: Comparatively higher liabilities may indicate that the company
has higher leverage and may have higher returns in the future.
Chapter progress 100%
3
4 IMPLEMENTATION: Compare liabilities among companies using the fundamental D-30
data field "liabilities".
Reaching gold 0%
5
6 HINT TO IMPROVE THE ALPHA: Different companies have different scale of
assets. Can performing a ratio analysis comparison by normalizing the
liability with company assets improve Alpha performance? ✔️ Completed task: Try
7 */ simulating an Alpha using data
8 fields other than returns.
9 -returns
Finding data fields
📁 How to Use Data in
BRAIN
BRAIN enables easy access to
financial market data using
predefined names. In this step, we'll
learn how to find the data you want.
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15/04/2026, 03:24 WorldQuant BRAIN
Simulate Alphas Learn Data Competitions (2)
Let's first
Team
look at data classification
Community IQC
system in BRAIN.
Dataset Categories
Datasets
Data fields
🏷️ Dataset Categories
Dataset Categories divide data into
17 main categories. You can see
these categories by clicking "Data" at
the top of the platform screen.
(BRAIN shows only 7 categories
before becoming a consultant.)
Notable examples include
Fundamental data from company
financial statements and PV data
related to stock prices and
transaction volumes.
📦 Datasets
Datasets are collections of data with
the same theme. They're usually
named by adding numbers to the
dataset category name. For example,
PV1 dataset has price/volume-related
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15/04/2026, 03:24 WorldQuant BRAIN
Simulate Alphas Learn Data Competitions (2)
data from
Team
the stockCommunity
market, including IQC
price information like opening, high,
low, closing prices, and information
like 20-day average transaction
volume. The fundamental6 dataset
provides extensive data from
financial statements including
company assets, capital, and
liabilities.
🔢 Data fields
Data fields are the actual matrix-
form data used in the platform. You
can access the contents within data
fields through their names in the
simulator. The returns data we used
earlier was accessing the returns
data field containing return
information.
🔍 Finding Desired Data
BRAIN provides a Data Section to
find desired data fields. You can
search by dataset or data field
names, or explore from categories.
Remember to set your desired
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15/04/2026, 03:24 WorldQuant BRAIN
Simulate Alphas Learn Data Competitions (2)
region, delay, and universe
Team Community
in the top IQC
right before searching, as available
data fields differ by region and
universe!
🔥 Let's try it out!
This time let's run a simulation using
data fields different from the earlier
example of returns. Feel free to
search for any data you want and
simulate an Alpha you'd like to
create.
✔️ Completed task: Try
simulating an Alpha using data
fields other than returns.
Show hint
Show answer
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15/04/2026, 03:24 WorldQuant BRAIN
Simulate Alphas Learn Data Competitions (2) Team Community IQC
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