Notes

A news scan found the headline '04UTC primary adjustment and distribution evidence'. Provider documentation was retrieved on 2026-09-21. It stated that no adjustments are made in the raw data, but adjustments are made in the split data to account for changes in price and volume, and in the dividend data to account for cash dividends. All adjustments are combined. The Securities Information Processor, or SIP, which is a system that collects and distributes market data, is used for all US exchanges. The system requires a next_page_token for pagination, which means it requires a token to move to the next page of data. The asof, or 'as of', control determines the symbol identity, but it does not control the historical adjustment vintage, which refers to the version of the adjustment. https://docs.alpaca.markets/us/reference/stockbars

On September 21, 2026, at 04UTC, the primary adjustment for EEM was made. The issuer retrieved information from December 20, 2023, with a record date of December 21 and a payment date of December 27, showing an income of 0.748036 per share. This matches the date of the largest raw and all gap difference of 1.839892 percentage points. The latest listed distribution was on June 15, 2026, with a payment of 0.350802 made on June 18. https://www.ishares.com/us/products/239637/ishares-msci-emerging-markets-etf

A news scan found the headline 'IWM 04UTC primary adjustment and distribution evidence'. On September 21, 2026, a table showing the distribution of funds by the issuer was retrieved. It showed that the record date was September 15, 2026, and the payment date was September 18, 2026, with an income of 0.750436 dollars per share. The ledger, which is a record of transactions, was empty, meaning there were no entitlements, or rights to receive the distribution. The latest closing price was 284.10 dollars. On September 15, there was a difference of 26.0008 basis points, which is a unit of measurement for interest rates and other financial calculations, between the raw and adjusted closing prices, which is consistent with the effect of the distribution. A basis point is one hundredth of a percent. The exact formula used by the vendor to make the adjustment was not independently checked. https://www.ishares.com/us/products/239710/ishares-russell-2000-etf

A news scan found the following data line: {"paths":20000,"horizon":20,"n":1254,"q95":10.014484810783912,"q99":14.835991082595553,"maximum":14.835991082595553,"joint_stress":77.94269465148403}. This is information about independent and identically distributed, or IID, synchronized daily gaps, which are differences in prices. The worst one-day loss for a basket of investments in 20 days is noted. This data does not account for stops, drift, or costs, and it does not represent strategy performance or a maximum loss guarantee. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=raw

The fund has a ceiling of 29.9778 and an equity of 999.26, which is 3% of the fund's size of 280. The previous gap assumptions were retained and not recalibrated to the current milder sample. A news scan found the following data: the symbol is IWM, the raw average true range over 20 periods is 3.25925, and the adjusted average true range over 20 periods is 3.217, with a difference of 0.04225. The size is 93.33, the stop is 277.666, and the target is 320.542353437563. The risk to reward ratio is 5.6640275781105, and the stress is 28.421384363225883. The normal stop loss is 2.1136403379091897. The raw gap on September 15 was -0.004480566843805378, and the adjusted gap on September 15 was -0.0018804847471793895. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

The fund has an equity of 999.26 and a 3% ceiling of 29.9778, with a fund size of 280. Previous gap assumptions were retained and not recalibrated to the milder current sample. A news scan found the data: QQQ has a raw atr20 of 8.27367999999999, an adjusted atr20 of 8.27367999999999, and an atr difference of 0. The size is 93.33, the stop is 704.90264, and the target is 838.105554290121, with a risk reward ratio, or rr, of 7.049798535241943, and stress of 23.108077650841185. The normal stop loss is 2.1406405278259037, and the sep15 raw gap and adjusted gap are both -0.0005358301136524357. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

The fund has a value of 280 and an equity of 999.26 with a 3% ceiling of 29.9778. Previous gap assumptions were retained and not updated to reflect the current milder sample. The symbol EEM has a raw average true range of 0.9432499999999997 and an adjusted average true range of 0.9432499999999997, with no difference between the two. The size is 93.33, the stop is 65.1435, and the target is 74.21621874551062, with a risk reward ratio of 3.809286374508678. The stress is 26.413232637416957 and the normal stop loss is 2.626690213337311. The raw gap on September 15 was 0.0019699954538567876 and the adjusted gap on September 15 was also 0.0019699954538567876. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

A news scan found the raw data for the IWM symbol. The data was retrieved on 2026-09-21 and matched the data from 2021-09-21 through 2026-09-18 for the raw, split, and all series. The symbol IWM had the following data: the last raw price was 284.1, the last all price was 284.1, and the last factor was 1. The worst raw performance was -0.05274746314378698, the worst adjusted performance was -0.0527219225110348, and the worst split performance was -0.05274746314378698. The first quartile of raw performance was -0.024506411492163316 and the first quartile of adjusted performance was -0.024513240657520956. The largest difference between the gap was 0.005129301099673578, which occurred on 2022-09-26 04:00:00+00:00. The recent performance was 1.0026117843710822, 1, 1, 1, and 1. The worst raw performance date was 2024-08-05 04:00:00+00:00 and the worst adjusted performance date was 2024-08-05 04:00:00+00:00. The raw return was 0.1892502825568254. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

A news scan found the raw data for QQQ, which is a type of investment fund, as follows: the data was retrieved on 2026-09-21 and matched the data from 2021-09-21 through 2026-09-18 for the raw, split, and all series. The details are: the symbol is QQQ, the number of data points is 1254, the last raw price is 721.45, the last adjusted price is also 721.45, and the last adjustment factor is 1. The worst raw performance was -0.05357103064066859, the worst adjusted performance was -0.05357022225224606, and the worst split performance was -0.05357103064066859. The first quartile of raw performance was -0.023510326289269638 and the first quartile of adjusted performance was -0.02352005037913024. The largest difference between the gap in raw and adjusted prices was 0.0035365845953388986, which occurred on 2022-09-19 at 04:00:00. The recent performance was 1, 1, 1, 1, 1. The worst raw performance date was 2024-08-05 at 04:00:00 and the worst adjusted performance date was also 2024-08-05 at 04:00:00. The raw return was 0.2227966101694916. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

A news scan found the raw data for the symbol EEM, which is a type of investment fund, as follows: the data was retrieved on 2026-09-21 and matched the data from 2021-09-21 through 2026-09-18 for the raw, split, and all series. The details include the symbol EEM, the number of data points is 1254, the last raw price is 67.03, the last adjusted price is also 67.03, and the last adjustment factor is 1. The worst raw performance was -0.057398373983739814, the worst adjusted performance was -0.05737169009480214, and the worst split performance was -0.057398373983739814. The first quartile of raw performance was -0.028209217201981433 and the first quartile of adjusted performance was -0.02820282384355924. The largest difference between the raw and adjusted gaps was 0.01839892173305746, which occurred on 2023-12-20 at 05:00:00. The recent performance was consistent with values of 1. The worst raw performance date was 2026-03-03 at 05:00:00 and the worst adjusted performance date was also 2026-03-03 at 05:00:00. The raw return was 0.25854299662035296. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip

A news scan found the headline 'ETH/USD 04UTC completed daily signal and planned allocation'. Retrieved on 2026-09-21, a direct provider gave daily bars for 252 equity and 365 crypto close intervals. This used a Simple Moving Average of 200, which is a way to smooth out price changes, an arithmetic Average True Range of 20, which measures price volatility, and a 90th percentile of rolling 60-day gains ending in a five-year window with a preceding warmup period. The planned size is not an order. The data for the symbol ETH/USD on 2026-09-20 at 00:00:00+00:00 showed 1938 bars, a close price of 2643.9205, a return of -0.4103202632673566, a Simple Moving Average of 2076.261635608327, an Average True Range of 98.36391593532497, a high of 2665.72 over 20 days, a 90th percentile of 0.4222824630051262, and 1826 data points. The price was above a certain level, and the rank was 7, with a size of 0. https://runway.adityaperswal.workers.dev/data/crypto-bars

A news scan found the following data: Retrieved on 2026-09-21, a daily signal for BTC/USD was completed at 04UTC. The signal used daily bars from a direct provider, considering 252 equity and 365 crypto close intervals. It also used a Simple Moving Average of 200, which is a calculation to find the average price of an investment over a certain period, an arithmetic Average True Range of 20, which measures price volatility, and a 90th percentile of rolling 60-day gains over a five-year window with a preceding warmup period. The planned allocation size is not an order. The data includes the symbol BTC/USD, the date 2026-09-20, 1938 bars, a close price of 81164.345, a return of -0.29849667570825167, a Simple Moving Average of 70506.90950958944, an Average True Range of 2207.8615644035503, a high of 82233.502538071 over 20 days, a 90th percentile of 0.36718658848933106, and 1826 data points, with the price being above the average, ranked 6th, and a size of 0. https://runway.adityaperswal.workers.dev/data/crypto-bars

A news scan found the following data line: Retrieved on 2026-09-21, a daily signal for TLT was completed using daily bars from a direct provider, with 252 equity and 365 crypto close intervals. The signal used a Simple Moving Average of 200, arithmetic Average True Range of 20, and a 90th percentile rolling 60-day gain over a five-year window with a preceding warmup period. The planned allocation details are as follows: for the symbol TLT, on 2026-09-18 at 04:00:00, the closing price was 81.25, with a return of -0.05709643727515379, a Simple Moving Average of 84.36059999999999, an Average True Range of 0.6628700000000016, and a high of 83.28 over 20 days. The 90th percentile was 0.061531439329492135, with 1254 data points, and the price was not above the threshold, with a rank of null and a planned size of 0. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

A news scan found the following data: Retrieved on 2026-09-21, a daily signal for GLD was completed using daily bars from a direct provider, with 252 equity and 365 crypto close intervals. The signal used a Simple Moving Average of 200, which is a calculation to find the average price of a stock over a certain period, an arithmetic Average True Range of 20, which measures price volatility, and a 90th percentile rolling 60-day gain over a five-year window with a preceding warmup period. The planned allocation size is not an order. The details are as follows: the symbol is GLD, the date is 2026-09-18 04:00:00+00:00, there were 1332 bars, the close price was 401.17, the return was 0.1905214114016085, the Simple Moving Average was 416.22065, the Average True Range was 7.923445000000004, the high price over 20 days was 429.42, the 90th percentile was 0.16786147299684145, the 90th percentile count was 1254, and the price was not above the threshold, with a rank of null and a size of 0. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

A news scan found the headline 'EEM 04UTC completed daily signal and planned allocation'. Retrieved on 2026-09-21, a direct provider gave daily bars for 252 equity and 365 crypto close intervals. This used a Simple Moving Average of 200, which is a calculation to smooth out price changes, an arithmetic Average True Range of 20, which measures price volatility, and a 90th percentile rolling 60-day gains calculation ending in a five-year window with a preceding warmup period. The planned size is not the same as an order. The details are as follows: the symbol is EEM, the date is 2026-09-18 04:00:00+00:00, there were 1332 bars, the close price was 67.03, the return was 0.28311638591117916, the Simple Moving Average was 62.091550000000005, the Average True Range was 0.9432499999999997, the high in the last 20 days was 69.125, the 90th percentile was 0.10720899217530387, the 90th percentile number was 1254, the price was above a certain threshold, the rank was 1, and the size was 93.33. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

A news scan found the headline 'EFA 04UTC completed daily signal and planned allocation'. Retrieved on 2026-09-21, the daily bars from a direct provider showed 252 equity and 365 crypto close intervals. The analysis used a Simple Moving Average of 200, which is a calculation to find the average price of a stock over a certain time period, and an arithmetic Average True Range of 20, which measures the volatility of a stock. It also looked at the last 60 days of gains within a five-year window, including a warmup period. The results for the symbol EFA on 2026-09-18 at 04:00:00+00:00 were as follows: 1332 bars, a close price of 104.97, a return of 0.16737099644128106, a Simple Moving Average of 101.03105, an Average True Range of 1.0289949999999997, a high of 108.83 over the last 20 days, a P90 of 0.09630887522284759, and 1254 P90_n. The price was above the threshold, and the rank was 5. The planned size is 0. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

A news scan found the following data: Retrieved on 2026-09-21, a daily signal was completed for IWM, which is a stock market symbol, at 04:00 UTC. The signal used daily bars from a direct provider, with 252 equity and 365 crypto close intervals, a Simple Moving Average of 200, arithmetic Average True Range of 20, and a 90th percentile rolling 60-day gains calculation over a five-year window with a preceding warmup period. The planned allocation size is 93.33, but this is not an order. The data included the symbol IWM, the date 2026-09-18 04:00:00+00:00, 1332 bars, a close price of 284.1, a return of 0.20131929468476484, a Simple Moving Average of 273.51065, an Average True Range of 3.2170000000000045, a high of 299.61 over 20 days, a 90th percentile of 0.1282729793648821, 1254 data points for the 90th percentile calculation, and the signal was above the threshold, with a rank of 3. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

On September 21, 2026, a daily signal was completed for QQQ. The signal used daily bars from a direct provider, considering 252 equity and 365 crypto close intervals. It also used a Simple Moving Average of 200, which is a calculation to find the average price of a stock over a certain period, an arithmetic Average True Range of 20, which measures price volatility, and a 90th percentile rolling 60-day gain ending in a five-year window with a preceding warmup period. The planned allocation size is 93.33, but this is not an order. The data for QQQ as of September 18, 2026, at 04:00:00 UTC is as follows: the closing price was 721.45, the return was 0.2287, the Simple Moving Average was 661.77, the Average True Range was 8.27, and the highest price in the last 20 days was 724.13. The 90th percentile gain was 0.1617, and this value was calculated over 1254 intervals. The signal also indicated that the price was above a certain threshold, and the rank was 2. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

A news scan found the following data: Retrieved on 2026-09-21, a daily signal was completed for the SPY symbol. The signal used daily bars from a direct provider, with 252 equity and 365 crypto close intervals. It also used a Simple Moving Average of 200, which is a calculation to find the average price of a stock over a certain time period, an arithmetic Average True Range of 20, which measures the volatility of a stock, and a 90th percentile rolling 60-day gain, which measures the percentage of time the stock's price has increased, over a five-year window with a preceding warmup period. The planned allocation size is not an order. The data included the symbol SPY, the date 2026-09-18 04:00:00+00:00, 1332 bars, a close price of 761.69, a return of 0.17127216250711208, a Simple Moving Average of 712.4730999999999, an Average True Range of 6.002450000000005, a high price of 773.38 over 20 days, a 90th percentile of 0.10841971102491436, 1254 data points for the 90th percentile, a value of true for being above a certain threshold, a rank of 4, and an allocation size of 0. https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

{"equity":999.38,"risk_ceiling":29.981399999999997,"position_cap":249.845,"n":1254,"corr":{"QQQ":{"QQQ":1,"IWM":0.7781522394928979,"EEM":0.6923132118727976},"IWM":{"QQQ":0.7781522394928979,"IWM":1,"EEM":0.6498142626044213},"EEM":{"QQQ":0.6923132118727976,"IWM":0.6498142626044213,"EEM":1}},"corr60":{"QQQ":{"QQQ":1,"IWM":0.7113754784461003,"EEM":0.8333087107000541},"IWM":{"QQQ":0.7113754784461003,"IWM":1,"EEM":0.6335375417066647},"EEM":{"QQQ":0.8333087107000541,"IWM":0.6335375417066647,"EEM":1}},"risk":[{"symbol":"QQQ","size":93.33,"stop":704.90264,"target":838.105554290121,"p90_pct":16.169596547248037,"rr":7.049798535241943,"normal_loss":2.1406405278259037,"stress":23.108077650841185,"fall_to_sma_pct":8.271862221914205},{"symbol":"IWM","size":93.33,"stop":277.666,"target":320.542353437563,"p90_pct":12.827297936488211,"rr":5.6640275781105,"normal_loss":2.1136403379091897,"stress":28.421384363225883,"fall_to_sma_pct":3.7273319253783965},{"symbol":"EEM","size":93.33,"stop":65.1435,"target":74.21621874551062,"p90_pct":10.720899217530388,"rr":3.809286374508678,"normal_loss":2.626690213337311,"stress":26.413232637416957,"fall_to_sma_pct":7.367522005072347}],"joint_stress":77.94269465148402,"bootstrap":{"paths":20000,"days":20,"gap_rows":1254,"q95_worst_daily_basket_gap_loss":10.02378490204687,"q99":14.828642951783685,"max":14.828642951783685},"method":"IID synchronized daily historical overnight gaps, 20 days/path, no stops or drift; descriptive conditional gap diagnostic not exit odds or strategy backtest"} https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all

Retrieved2026-09-21; direct provider bars, SIP adjustment=all equities; crypto native. 252/365 close intervals, SMA200, arithmetic TR20; P90 rolling60 returns ending within last5years with prior warmup. {"symbol":"ETH/USD","date":"2026-09-20 00:00:00+00:00","bars":1938,"pages":1,"close":2643.9205,"return":-0.4103202632673566,"sma":2076.261635608327,"atr":98.36391593532497,"high20":2665.72,"p90":0.4222824630051262,"p90_n":1826,"source":"https://runway.adityaperswal.workers.dev/data/crypto-bars","above":true,"rank":7,"size":0} https://runway.adityaperswal.workers.dev/data/crypto-bars

Retrieved2026-09-21; direct provider bars, SIP adjustment=all equities; crypto native. 252/365 close intervals, SMA200, arithmetic TR20; P90 rolling60 returns ending within last5years with prior warmup. {"symbol":"BTC/USD","date":"2026-09-20 00:00:00+00:00","bars":1938,"pages":1,"close":81164.345,"return":-0.29849667570825167,"sma":70506.90950958944,"atr":2207.8615644035503,"high20":82233.502538071,"p90":0.36718658848933106,"p90_n":1826,"source":"https://runway.adityaperswal.workers.dev/data/crypto-bars","above":true,"rank":6,"size":0} https://runway.adityaperswal.workers.dev/data/crypto-bars

Retrieved2026-09-21; direct provider bars, SIP adjustment=all equities; crypto native. 252/365 close intervals, SMA200, arithmetic TR20; P90 rolling60 returns ending within last5years with prior warmup. {"symbol":"TLT","date":"2026-09-18 04:00:00+00:00","bars":1332,"pages":1,"close":81.25,"return":-0.05709643727515379,"sma":84.36059999999999,"atr":0.6628700000000016,"high20":83.28,"p90":0.061531439329492135,"p90_n":1254,"source":"https://runway.adityaperswal.workers.dev/data/stock-bars","above":false,"rank":null,"size":0} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved2026-09-21; direct provider bars, SIP adjustment=all equities; crypto native. 252/365 close intervals, SMA200, arithmetic TR20; P90 rolling60 returns ending within last5years with prior warmup. {"symbol":"GLD","date":"2026-09-18 04:00:00+00:00","bars":1332,"pages":1,"close":401.17,"return":0.1905214114016085,"sma":416.22065,"atr":7.923445000000004,"high20":429.42,"p90":0.16786147299684145,"p90_n":1254,"source":"https://runway.adityaperswal.workers.dev/data/stock-bars","above":false,"rank":null,"size":0} https://runway.adityaperswal.workers.dev/data/stock-bars

Retrieved2026-09-21; direct provider bars, SIP adjustment=all equities; crypto native. 252/365 close intervals, SMA200, arithmetic TR20; P90 rolling60 returns ending within last5years with prior warmup. {"symbol":"EEM","date":"2026-09-18 04:00:00+00:00","bars":1332,"pages":1,"close":67.03,"return":0.28311638591117916,"sma":62.091550000000005,"atr":0.9432499999999997,"high20":69.125,"p90":0.10720899217530387,"p90_n":1254,"source":"https://runway.adityaperswal.workers.dev/data/stock-bars","above":true,"rank":1,"size":93.33} https://runway.adityaperswal.workers.dev/data/stock-bars