Michie Lab
A proprietary research division built on rules-based systems, systematic market analysis, and disciplined risk frameworks — applied across asset classes and market conditions.
Core Disciplines
Michie Lab operates at the intersection of quantitative finance, behavioral market structure, and systematic risk management.
01
Systematic frameworks that remove discretionary bias from entry, sizing, and exit decisions. Every rule exists because the data demands it — not because intuition suggests it.
02
Position sizing, drawdown controls, and correlation-aware exposure management. Capital preservation is the primary objective; returns are what remain after that constraint is satisfied.
03
Understanding how liquidity, volatility regimes, and macro catalysts shape price behavior — before deploying capital into conditions that reward systematic conviction.
04
Equities, credit, rates, and real assets do not operate in isolation. Michie Lab tracks inter-market signals that inform positioning across all of the firm's investment verticals.
Methodology
Michie Lab was built on a simple premise: most investors lose not because they lack insight, but because they lack process. Insight without structure is noise. Structure without insight is rigidity. The goal is the intersection.
Every system developed in the Lab begins with a clearly defined hypothesis, is tested against historical conditions including tail events, and is deployed only when the expected value of disciplined adherence exceeds the expected cost of being wrong.
We publish findings selectively. What appears in our Insights section is a fraction of what is studied — shared when we believe the analysis is durable enough to withstand the next market regime, not just the current one.
Track Record
Proprietary systematic activity, reported monthly. All figures reflect closed positions only.
Michie Lab — Systematic Activity
March 2026
March presented a compressed macro environment: Powell signaled a conditional rate pause as Middle East tensions kept energy markets elevated, transmitting upward pressure to the rate complex and weighing on duration-sensitive equities through mid-month. The system navigated the drawdown week cleanly, maintained discipline through the volatility spike, and positioned into the recovery with conviction. The result was a +6.48% net month against a broad equity index that declined approximately 5–6% over the same period — a positive differential of roughly 1,200 basis points.
Net P&L
+6.48%
30 closed trades
Trade win rate
63.33%
19W · 0B · 11L
Profit factor
1.48×
Gross gain / gross loss
Day win rate
66.67%
10W · 0B · 5L
Weekly Breakdown
Week 1
0.00%
No activity
Week 2
+0.83%
3 active days
Week 3
−2.86%
5 active days
Week 4
+5.99%
5 active days
Week 5
+2.59%
2 active days
Notable Executions — March 30–31
MU — 03/30
+20.26%
META — 03/31
+11.78%
MU — 03/31
+9.38%
Past performance is not indicative of future results. This summary is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell any security. Michie Capital does not manage client portfolios. All figures reflect proprietary systematic activity only. Benchmark comparison references the S&P 500 index total return for the stated period.