Can ridge regression hold its own in the competitive world of algorithmic trading, or are more advanced models like random forests and XGBoost the way to go? This heated debate on Avonetics explores whether simpler models with strong signals can outperform complex techniques. Traders share their experiences, emphasizing the importance of backtesting and focusing on profit and loss over R-squared values. Discover the pros and cons of ridge regression and whether it’s the right tool for your trading strategy. For advertising opportunities, visit Avonetics.com.