Path Integral
Trading the intersection of compelling fundamentals and technical correctness.
From the Front Range, a quantitative thesis.
Path Integral Funds was founded in Boulder, Colorado, with direct ties to the Applied Mathematics Department at the University of Colorado and a local space scientist contracted to NASA. From that confluence of disciplines emerged a simple conviction: the mathematical machinery used to describe nature — storms, fields, particle paths — can be turned on markets with equal rigor.
Two investment hypotheses shaped the firm’s earliest work, and each became a dedicated trading model. One borrows the signature of violent weather. The other borrows the geometry of the fields that produce it.
Two hypotheses.
Two models.
Markets, like the atmosphere, accumulate tension invisibly and release it legibly — if you know where to look, and what to measure.
When markets resolve the way weather does.
Violent weather patterns resolve tension suddenly, decisively, and — within the right framework — predictably. Our first model identifies market configurations that share this signature: states in which accumulated pressure anticipates rapid, asymmetric resolution.
Risk as a field, not a number.
Clouds are visible moisture, but the moisture field itself is far larger and invisible. Risk behaves the same way. Our second model treats market risk as a field — making the latent, unpriced portion of that field legible, and therefore tradable.
A path integral sums every possible trajectory.
Our work is to find the ones the market is already taking.