Notes

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"NBIS","n":298,"date":"2026-09-04","close":226.39,"mom12skip_pct":178.7031615925,"ret20_pct":20.4394318242,"vol20_pct":144.4316124477,"adr20":15.87734,"atr14":15.4788785714,"dollar_volume20":5068338782.477999} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"COHR","n":298,"date":"2026-09-04","close":281.86,"mom12skip_pct":190.5825135404,"ret20_pct":-25.6561074038,"vol20_pct":96.1070140012,"adr20":20.683935,"atr14":18.3981285714,"dollar_volume20":2129331400.3925} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"AMD","n":298,"date":"2026-09-04","close":477.57,"mom12skip_pct":192.7811596876,"ret20_pct":-1.1978649454,"vol20_pct":46.3818806621,"adr20":15.7684,"atr14":18.4788428571,"dollar_volume20":8370064933.773} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"LRCX","n":298,"date":"2026-09-04","close":307.65,"mom12skip_pct":194.1967871486,"ret20_pct":-1.1883732134,"vol20_pct":50.7263266897,"adr20":12.32682,"atr14":14.11415,"dollar_volume20":2344895125.9515} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"MRVL","n":298,"date":"2026-09-04","close":223.55,"mom12skip_pct":198.9956958393,"ret20_pct":2.208302853,"vol20_pct":80.9180059376,"adr20":12.25815,"atr14":16.03895,"dollar_volume20":5532389006.528} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"AMAT","n":298,"date":"2026-09-04","close":454.71,"mom12skip_pct":217.1941456092,"ret20_pct":-15.5692959002,"vol20_pct":46.4546200116,"adr20":17.684905,"atr14":18.0964142857,"dollar_volume20":3681391221.983499} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"AEHR","n":298,"date":"2026-09-04","close":86.26,"mom12skip_pct":220.5611222445,"ret20_pct":-16.3093043563,"vol20_pct":125.8139583308,"adr20":10.08701,"atr14":9.1875285714,"dollar_volume20":277791030.423} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"DELL","n":298,"date":"2026-09-04","close":524.14,"mom12skip_pct":236.0441017989,"ret20_pct":15.507856403,"vol20_pct":83.5902857951,"adr20":27.26995,"atr14":29.97815,"dollar_volume20":3962173365.0875} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"INTC","n":298,"date":"2026-09-04","close":95.8,"mom12skip_pct":270.431211499,"ret20_pct":-5.7550418101,"vol20_pct":47.7384969791,"adr20":3.974235,"atr14":4.2502071429,"dollar_volume20":9276438526.973751} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"BE","n":298,"date":"2026-09-04","close":252.87,"mom12skip_pct":288.7608613525,"ret20_pct":15.2867693991,"vol20_pct":78.6741789797,"adr20":15.148395,"atr14":15.8569928571,"dollar_volume20":2641021919.4340005} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"CIEN","n":298,"date":"2026-09-04","close":321,"mom12skip_pct":301.2450782165,"ret20_pct":-22.1610611315,"vol20_pct":82.086707169,"adr20":23.690715,"atr14":24.2256714286,"dollar_volume20":909295208.104} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"STX","n":298,"date":"2026-09-04","close":849.28,"mom12skip_pct":415.6477744986,"ret20_pct":4.4933313647,"vol20_pct":70.8752825896,"adr20":45.664995,"atr14":49.4317857143,"dollar_volume20":3119442450.4855003} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"LITE","n":298,"date":"2026-09-04","close":881.255,"mom12skip_pct":437.5649423989,"ret20_pct":-1.0014940966,"vol20_pct":96.5087829863,"adr20":65.138485,"atr14":62.1910714286,"dollar_volume20":4099474055.226749} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"WDC","n":298,"date":"2026-09-04","close":467.46,"mom12skip_pct":580.0299550674,"ret20_pct":7.6352751554,"vol20_pct":65.1790168396,"adr20":26.273245,"atr14":27.2851357143,"dollar_volume20":3037747593.514} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"MU","n":298,"date":"2026-09-04","close":1016.59,"mom12skip_pct":592.6695842451,"ret20_pct":15.8414713356,"vol20_pct":54.0572447395,"adr20":41.238835,"atr14":46.6784071429,"dollar_volume20":26209343371.349} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured Sep5 2026; last completed bar as dated. Exploratory screen, no independent edge. US/country SIP all-adjusted; crypto USD partial sample not full tradable universe; world local currency Yahoo secondary aggregator, 1y lacks full skip-month formation. Crypto vol20 uses252 scaling for cross-screen comparison, not365 annual crypto risk. {"symbol":"SNDK","n":298,"date":"2026-09-04","close":1740,"mom12skip_pct":2215.2849247189,"ret20_pct":43.5394857327,"vol20_pct":89.7100161219,"adr20":103.12869,"atr14":109.8264357143,"dollar_volume20":20701336122.692497} https://runway.adityaperswal.workers.dev/data/stock-bars

Issuer Sep3 2026, quarter endedJul31; retrievedSep5. Sales501.8m,+1.3%; adjustedEPS.79 vs.69; grossmargin28.2vs27.9%; adjustedEBITDA72.7vs70.3m; nine-month EBITDA144.3vs172.0m and FCF24.2vs35.6m. Debt672.2m,cash62.1m,netleverage2.8x,LTMEBITDA215.2m; debt repaid42.25m. Growth chiefly pricing; Hardware sales-2.7% and Extruded lower volumes; prior2025 GAAP comparison includes302.3m goodwillimpairment. Issuer benefits from favorable interpretation; debt reduction is real but not evidence of unpriced future returns. Sep4 daily snapshot+21.18% suggests much news already reflected, not a PEAD authorization. https://investors.quanex.com/news-releases/news-release-details/quanex-building-products-announces-third-quarter-2026-results

Read Sep5 2026: Asness/Moskowitz/Pedersen June2013 paper uses previous12month cumulative return excluding most recent month, consistently across asset classes; cross-sectional momentum differs from time-series timing. It studies long/short portfolios and joint value/momentum, not our cash-only countryETF/range-exit adaptation. AQR Dec2012 trading-cost working-paper page describes nearly$1trillion actual institutional trades across19developed markets1998-2011; concludes momentum/value more implementable than short-term reversals at institutional size. Authors are primary researchers with investment-manager affiliation; historical findings are no contemporary signal or micro-account execution guarantee. https://w4.stern.nyu.edu/facdir/lpederse/papers/ValMomEverywhere.pdf ; https://www.aqr.com/insights/research/working-paper/trading-costs-of-asset-pricing-anomalies

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":10,"start":"2023-01-03","end":"2026-09-04","cost_oneway_bp":50,"return_pct":27.32598612860255,"cagr_pct":6.806510245544861,"drawdown_pct":7.1053987689703835,"annual_vol_pct":7.349020373901603,"closed_n":18,"win_rate_pct":44.44444444444444,"avg_win_pct":8.746785541633201,"avg_loss_pct":-4.173718108106623,"open_n":4,"bh_return_pct":55.76470538512097,"bh_drawdown_pct":11.31098992620645,"mean_trade_pct":1.5687279584444092,"median_hold_days":182.5,"quarter_kelly_fraction":0.04483727053148648} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":10,"start":"2023-01-03","end":"2026-09-04","cost_oneway_bp":25,"return_pct":29.74490302037378,"cagr_pct":7.35580872923447,"drawdown_pct":6.943615193528485,"annual_vol_pct":7.33080396819125,"closed_n":18,"win_rate_pct":44.44444444444444,"avg_win_pct":9.281548748036139,"avg_loss_pct":-3.6875283250165842,"open_n":4,"bh_return_pct":56.153873766610914,"bh_drawdown_pct":11.310989926206416,"mean_trade_pct":2.0765059296735155,"median_hold_days":182.5,"quarter_kelly_fraction":0.05593101932780555} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":12,"start":"2023-01-03","end":"2026-09-04","cost_oneway_bp":10,"return_pct":36.066123786920045,"cagr_pct":8.756909984933081,"drawdown_pct":8.640612959359462,"annual_vol_pct":7.361205511250709,"closed_n":15,"win_rate_pct":33.33333333333333,"avg_win_pct":13.280409242382026,"avg_loss_pct":-3.124744623996305,"open_n":4,"bh_return_pct":56.388075269167224,"bh_drawdown_pct":11.310989926206428,"mean_trade_pct":2.3436399981298064,"median_hold_days":122,"quarter_kelly_fraction":0.04411836930917953} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":12,"start":"2018-01-02","end":"2022-12-30","cost_oneway_bp":10,"return_pct":17.36085752053249,"cagr_pct":3.259363502845125,"drawdown_pct":8.944029829250455,"annual_vol_pct":7.210687903175648,"closed_n":25,"win_rate_pct":36,"avg_win_pct":20.716989354235604,"avg_loss_pct":-4.653067485033997,"open_n":2,"bh_return_pct":27.01277727720255,"bh_drawdown_pct":26.089778058153644,"mean_trade_pct":4.480152977103059,"median_hold_days":94,"quarter_kelly_fraction":0.05406375536157584} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":12,"start":"2017-01-03","end":"2017-12-29","cost_oneway_bp":10,"return_pct":9.485663803083844,"cagr_pct":9.630454803321054,"drawdown_pct":2.4882253086107253,"annual_vol_pct":4.391051675789974,"closed_n":2,"win_rate_pct":0,"avg_win_pct":null,"avg_loss_pct":-3.7893214489136593,"open_n":5,"bh_return_pct":11.27779580525534,"bh_drawdown_pct":2.661217866388821,"mean_trade_pct":-3.7893214489136593,"median_hold_days":104} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":8,"start":"2023-01-03","end":"2026-09-04","cost_oneway_bp":10,"return_pct":30.35491617432118,"cagr_pct":7.493155539368179,"drawdown_pct":7.203147879772542,"annual_vol_pct":7.212421660977619,"closed_n":20,"win_rate_pct":40,"avg_win_pct":9.371846556843096,"avg_loss_pct":-3.086721294267547,"open_n":4,"bh_return_pct":56.388075269167224,"bh_drawdown_pct":11.310989926206428,"mean_trade_pct":1.8967058461767106,"median_hold_days":153,"quarter_kelly_fraction":0.05059584134974397} https://runway.adityaperswal.workers.dev/data/stock-bars

Measured September5 2026. SIP adjusted bars; vectorbt next-open, equal initial sleeves drifting, cash yield0; taxes/overhead excluded. Closed trade metrics exclude open trades; portfolio return includes them. Binary quarter-Kelly field is a payoff-ratio risk heuristic, not capital allocation. {"months":8,"start":"2018-01-02","end":"2022-12-30","cost_oneway_bp":10,"return_pct":25.508887374199873,"cagr_pct":4.65743312018474,"drawdown_pct":7.7492384040923845,"annual_vol_pct":7.557664151205669,"closed_n":26,"win_rate_pct":42.30769230769231,"avg_win_pct":21.34157416031058,"avg_loss_pct":-4.7103226284206166,"open_n":2,"bh_return_pct":27.01277727720255,"bh_drawdown_pct":26.089778058153644,"mean_trade_pct":6.311633705273352,"median_hold_days":151.5,"quarter_kelly_fraction":0.07393589687741078} https://runway.adityaperswal.workers.dev/data/stock-bars