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Terms of Use

Effective date: October 17, 2026

By accessing this website you agree to these terms. If you do not agree, please do not use the website.

Informational purpose only

The content on this website is provided for general informational and academic purposes only. Nothing herein constitutes investment advice, a recommendation, an offer to buy or sell any security, or a solicitation of investment from any person. Descriptions of methods and research results do not imply future performance, and past or simulated performance is not indicative of future results.

No offer or solicitation

Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security, interest in any fund or account, or any other financial product. No content should be relied upon as the basis for an investment decision. You should consult a qualified professional before making any financial decision.

No login and public content

All content on this website is publicly accessible. We do not require registration or payment to read publications.

Intellectual property

Text, figures, software excerpts and design on this website are owned by Valence Quantitative Research LP or its licensors. You may quote short passages with attribution and cite publications using the provided BibTeX output. Reproduction of substantial portions requires our written permission.

Accuracy

We make reasonable efforts to keep technical content accurate, but mathematical notes and code examples may contain errors or be superseded. Please notify us of any issues using the contact details below.

Third-party links

Links to external sites are provided for convenience. We do not endorse and are not responsible for their content.

Disclaimer of warranties

The website and its content are provided “as is” and “as available”, without warranties of any kind, express or implied.

Limitation of liability

To the fullest extent permitted by law, Valence Quantitative Research LP will not be liable for any indirect, incidental or consequential damages arising from your use of the website or its content.

Governing law

These terms are governed by the laws of the State of California, United States, without regard to conflict-of-law rules.

Contact

Questions about these terms may be sent to [email protected].