Valeriy Zakamulin

Valeriy Zakamulin (also published as Valeri Zakamouline) is a professor at the School of Business and Law, University of Agder, Norway, working on quantitative finance and the empirical evaluation of trading strategies. He is a prominent skeptic of market-timing and moving-average strategy claims: his 2016 paper “Revisiting the Profitability of Market Timing with Moving Averages” showed that a widely cited study’s reported edge was an artefact of look-ahead bias, and his related 2014/2015 work found no significant out-of-sample timing outperformance. He appears in this vault as an authority on look-ahead bias and the over-statement of regime/trend-timing profitability.

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