{"id":6,"date":"2022-01-21T03:01:30","date_gmt":"2022-01-21T03:01:30","guid":{"rendered":"https:\/\/pfr.com\/WP1\/?page_id=6"},"modified":"2025-01-26T16:03:04","modified_gmt":"2025-01-26T16:03:04","slug":"about","status":"publish","type":"page","link":"https:\/\/pfr.com\/WP1\/","title":{"rendered":"About Parallax"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"163\" src=\"https:\/\/i0.wp.com\/pfr.com\/WP1\/wp-content\/uploads\/2022\/10\/About-Graphic.png?resize=800%2C163&#038;ssl=1\" alt=\"\" class=\"wp-image-453\" srcset=\"https:\/\/i0.wp.com\/pfr.com\/WP1\/wp-content\/uploads\/2022\/10\/About-Graphic.png?w=800&amp;ssl=1 800w, https:\/\/i0.wp.com\/pfr.com\/WP1\/wp-content\/uploads\/2022\/10\/About-Graphic.png?resize=300%2C61&amp;ssl=1 300w, https:\/\/i0.wp.com\/pfr.com\/WP1\/wp-content\/uploads\/2022\/10\/About-Graphic.png?resize=768%2C156&amp;ssl=1 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n<\/div>\n\n\n<p><br><strong>Parallax Financial Research, Inc.<\/strong>, is a scientific research boutique in Redmond, WA. The firm empowers professional money managers with a distinct edge through its unique fundamental and quantitative models. Our models are composed of individual \u201cpredictors\u201d which are based on the financial application of chaos and complexity theories, and presented in clear, trustworthy visualizations. These predictors are blended into forecasting models using <a href=\"https:\/\/pfr.com\/WP1\/our-technology\/neural-networks\/\" data-type=\"page\" data-id=\"49\">genetically-enhanced neural networks<\/a>. Our careful application of these mathematical modeling techniques yields unique and powerful solutions to enhance manager performance.<\/p>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/our-technology\/scale-invariance\/\" data-type=\"page\" data-id=\"45\">Chaos&nbsp;theory<\/a> is the scientific theory of non-linear systems. These are systems in which some of the outputs are fed back as new inputs, forming the next set of outputs, and so on. Auction markets exhibit positive feedback as buying leads to higher prices attracting more buying in a loop, and negative feedback as undervaluation leads to buying and overvaluation to selling. By understanding the theoretical characteristics of feedback systems and how to measure it, Parallax has been able to build better predictors than has previously been possible.<\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Complexity\" data-type=\"link\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Complexity\">Complexity theory<\/a> is the scientific theory of multi-agent systems, where the agents follow simple common rules, but in doing so produce non-random emergent patterns. In the case of markets, the investment agents pursue price and are attracted and repulsed from certain key price levels. What emerges are geometric patterns not unlike flocking birds, as well as self-organized critical states that are ripe for reversals.<\/p>\n\n\n\n<p>Parallax uses <a href=\"https:\/\/pfr.com\/WP1\/our-technology\/neural-networks\/\" data-type=\"page\" data-id=\"49\">neural networks<\/a> throughout its product line to blend predictive factors. A neural network is a mathematical tool that learns by example. By providing neural networks with predictive historical data, the networks learn to weight each predictor during training, so a final buy\/hold\/sell forecast can be generated in a consistent manner and with scientific objectivity.<\/p>\n\n\n\n<p>The president of Parallax, S. Kris Kaufman, has degrees in both physics and math. He spent over 15 years in geophysical research as a senior staff geophysicist and project manager for Halliburton subsidiary Sierra Geophysics. His projects included non-linear inversion modeling, 3-D seismic wave propagation modeling, and writing the first commercial 3-D wave propagation software for the oil industry (QUIKRAY and others).  Kaufman incorporated Parallax in 1990 with Douglas Frick, a former computer science employee of Sierra Geophysics. <\/p>\n\n\n\n<p>The company develops and tests scientifically sound financial forecasting algorithms and provides this software worldwide to the money management community. Parallax also provides one-on-one consulting services to <a href=\"https:\/\/pfr.com\/WP1\/about\/client-list\/\" data-type=\"page\" data-id=\"34\">a few select money managers<\/a> by incorporating its technology into the manager&#8217;s current investment discipline.<\/p>\n\n\n\n<p>Parallax software is licensed, not sold. Our products can be found on&nbsp;<a href=\"https:\/\/www.bloomberg.com\/\"><strong><u>Bloomberg<\/u><\/strong><\/a>\u2122 and&nbsp;<a href=\"https:\/\/www.tradestation.com\/\"><strong><u><span style=\"text-decoration: underline;\">TradeStation<\/span><\/u><\/strong><\/a>\u2122 platforms. Our complete software library is called the&nbsp;<a href=\"https:\/\/pfr.com\/WP1\/products\/\" data-type=\"page\" data-id=\"53\"><strong><u>Parallax Solutions Platform<\/u><\/strong><\/a>\u2122.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">More Information<\/h2>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/products\/\" data-type=\"page\" data-id=\"53\">Our Products<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/our-technology\/\" data-type=\"page\" data-id=\"41\">Our Technology \u2014 The Science Behind Our Work<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/about\/client-list\/\" data-type=\"page\" data-id=\"34\">Client List<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/about\/recognition\/\" data-type=\"page\" data-id=\"39\">Recognition<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/pfr.com\/WP1\/about\/publications\/\" data-type=\"page\" data-id=\"37\">Articles and Presentations<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">External Links<\/h2>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Chaos_theory\" data-type=\"URL\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Chaos_theory\">Chaos theory (Wikipedia)<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Complexity\">Complexity theory (Wikipedia)<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ibm.com\/cloud\/learn\/neural-networks\" data-type=\"URL\" data-id=\"https:\/\/www.ibm.com\/cloud\/learn\/neural-networks\">Neural Networks (IBM)<\/a><\/p>\n\n\n\n<p><br>Privacy Policy: This site uses anonymized Google Analytics cookies to provide information about site usage. We do not collect any personally identifiable information about site visitors. By continuing to browse this site, you agree to this use.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parallax Financial Research, Inc., is a scientific research boutique in Redmond, WA. The firm empowers professional money managers with a distinct edge through its unique fundamental and quantitative models. Our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6","page","type-page","status-publish","hentry"],"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/pages\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":21,"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/pages\/6\/revisions"}],"predecessor-version":[{"id":866,"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/pages\/6\/revisions\/866"}],"wp:attachment":[{"href":"https:\/\/pfr.com\/WP1\/wp-json\/wp\/v2\/media?parent=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}