To truly operate with an edge, you must have some way of discovering structural arbitrage — finding the variance between the outcome the masses are expecting and the outcome that is most likely to materialize. If a favorable variance exists relative to your hypothesis, you engage the opportunity (presuming that the delta is of significant girth). Otherwise, there’s no rational reason to take the risk. So, why am I focusing on Box Inc (BOX)? It just so happens that the security is flashing a quantitative s ...