Sir Dragonet, # 5 in the race, was the fifth bookmaker favorite on Monday night, scoring 91.3 out of a possible 100 in Macquarie’s model.
The second best was the Caulfield Cup winner and Verry Elleegant No. 7 with 90 points ahead of Surprise Baby (82.5 points), Anthony Van Dyck (81.3 points), Miami Bound (75 points) and Prince of Arran (72, 5 points).
The Quants reckon they will back Sir Dragonet to win and a trifecta based on the above six horses, collectively what they call the top quartile.
They reckon that it is also worth paying attention to the “tail risk” in the financial markets this year and are considering hedging their exposure with a few small bets on horses at the end of their model – Oceanex, Mustajeer, Dashing Willoughby, Warning and the like.
It’s all a bit of fun – and the quants don’t plan on leaving the financial markets anytime soon.
Macquarie’s team has been running the model since 2007 and has quickly made a name for itself with a few early wins. According to their own statements, however, the team has had a few lean years behind them. Maybe they are lucky in 2020.
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