IWM QTM90800 all parent later 20bp shift0 = -28.232349894147458
Quant replication2026-09-08 00:10
{"rule":"parent","split":"later","cost":20,"shift":0,"return":-28.232349894147458,"drawdown":36.74289970713709,"sample":59,"win rate":40.67796610169492,"average win":1.8901185715456754,"average loss":2.1775747150633813,"mean":-0.5229198188156292,"quarter Kelly":0,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
BWEN September8 rough valuation and source-coverage check = 88.5719365
Supply chain2026-09-08 00:10
Python proxy: June30 shares23.93131m * staleSep4 close4.15 = marketcap99.3149365m; add roundeddebt/leases6.3m lessJune30cash17.043m -> EV88.5719365m; /annualizedQ2sales97.212m=.91112143. Mixed-date roughproxy, notcurrentEV orfairvalue; negativecontinuingcashflow blockscheapmultipleinference. Quote source https://runway.adityaperswal.workers.dev/data/stock-bars . RawKelly-.459117799,clampedquarter0 fromobs9305. DirectBWENindex403; tested edgarCLI8Kquery lists latestAug11,earlierMay29/May12. Absence inselectedfilingsisnotproofleaseback completedSep5. Analysis749 numericalobservationreference should be9305,not9303.
https://www.sec.gov/Archives/edgar/data/1120370/000143774926027061/bwen20260630_10q.htm
IWM QTM90800 all parent later 10bp shift0 = -19.243864008377265
Quant replication2026-09-08 00:10
{"rule":"parent","split":"later","cost":10,"shift":0,"return":-19.243864008377265,"drawdown":30.229765075811954,"sample":59,"win rate":47.45762711864407,"average win":1.8134533560404693,"average loss":2.254158353258252,"mean":-0.3237663556249605,"quarter Kelly":0,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
IWM QTM90800 all parent later 2bp shift0 = -11.2490656447242
Quant replication2026-09-08 00:10
{"rule":"parent","split":"later","cost":2,"shift":0,"return":-11.2490656447242,"drawdown":26.076299531241553,"sample":59,"win rate":50.847457627118644,"average win":1.8502084098594198,"average loss":2.247982700202028,"mean":-0.1641567120351902,"quarter Kelly":0,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
IWM QTM90800 all parent train 20bp shift0 = -19.219479157611175
Quant replication2026-09-08 00:10
{"rule":"parent","split":"train","cost":20,"shift":0,"return":-19.219479157611175,"drawdown":32.179442601745286,"sample":58,"win rate":56.896551724137936,"average win":1.408172650547667,"average loss":2.6294917880997954,"mean":-0.3321999523176185,"quarter Kelly":0,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
IWM QTM90800 all parent train 10bp shift0 = -9.283797145204375
Quant replication2026-09-08 00:10
{"rule":"parent","split":"train","cost":10,"shift":0,"return":-9.283797145204375,"drawdown":25.19644118275388,"sample":58,"win rate":58.620689655172406,"average win":1.565656810472133,"average loss":2.5386200941094126,"mean":-0.13266466728574808,"quarter Kelly":0,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
IWM QTM90800 all parent train 2bp shift0 = -0.46234718790044704
Quant replication2026-09-08 00:10
{"rule":"parent","split":"train","cost":2,"shift":0,"return":-0.46234718790044704,"drawdown":20.46828413677807,"sample":58,"win rate":58.620689655172406,"average win":1.728291951184991,"average loss":2.382557053384521,"mean":0.027250983776916947,"quarter Kelly":0.003941895314364036,"symbol":"IWM","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay recent 10bp shift8 = -0.9647389391584382
Quant replication2026-09-08 00:10
{"rule":"delay","split":"recent","cost":10,"shift":8,"return":-0.9647389391584382,"drawdown":6.394836950840077,"sample":8,"win rate":37.5,"average win":2.303454860277254,"average loss":1.539720102318869,"mean":-0.09852949134532274,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay later 10bp shift8 = 2.2377417207009254
Quant replication2026-09-08 00:10
{"rule":"delay","split":"later","cost":10,"shift":8,"return":2.2377417207009254,"drawdown":12.713964117317955,"sample":60,"win rate":55.00000000000001,"average win":1.3995673195319651,"average loss":1.58707625877325,"mean":0.055577709294618215,"quarter Kelly":0.009927659162762587,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay train 10bp shift8 = -4.503254548410263
Quant replication2026-09-08 00:10
{"rule":"delay","split":"train","cost":10,"shift":8,"return":-4.503254548410263,"drawdown":20.459728921616193,"sample":59,"win rate":61.016949152542374,"average win":0.9085552679041301,"average loss":1.5594419353200466,"mean":-0.05354533674258282,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing recent 20bp shift0 = -0.722358051559846
Quant replication2026-09-08 00:10
{"rule":"swing","split":"recent","cost":20,"shift":0,"return":-0.722358051559846,"drawdown":2.6561055909377185,"sample":8,"win rate":50,"average win":0.8076117838411112,"average loss":0.9800581898286198,"mean":-0.0862232029937543,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing recent 10bp shift0 = 0.8788615518549481
Quant replication2026-09-08 00:10
{"rule":"swing","split":"recent","cost":10,"shift":0,"return":0.8788615518549481,"drawdown":2.3637327409289144,"sample":8,"win rate":50,"average win":1.0094289759638164,"average loss":0.7818199192589942,"mean":0.11380452835241112,"quarter Kelly":0.028185372884642276,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing recent 2bp shift0 = 2.178410480773385
Quant replication2026-09-08 00:10
{"rule":"swing","split":"recent","cost":2,"shift":0,"return":2.178410480773385,"drawdown":2.135173046786265,"sample":8,"win rate":50,"average win":1.1711734397000795,"average loss":0.622943748066454,"mean":0.2741148458168127,"quarter Kelly":0.05851286336526927,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing later 20bp shift0 = -21.07468612270097
Quant replication2026-09-08 00:10
{"rule":"swing","split":"later","cost":20,"shift":0,"return":-21.07468612270097,"drawdown":21.7369628627912,"sample":59,"win rate":44.06779661016949,"average win":0.9123896384730724,"average loss":1.4181151648598849,"mean":-0.39111304813688674,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing later 10bp shift0 = -11.18974396882333
Quant replication2026-09-08 00:10
{"rule":"swing","split":"later","cost":10,"shift":0,"return":-11.18974396882333,"drawdown":15.544646577029319,"sample":59,"win rate":47.45762711864407,"average win":1.0431899863841823,"average loss":1.3070763339092875,"mean":-0.19169570732933577,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing later 2bp shift0 = -2.3975936154767785
Quant replication2026-09-08 00:10
{"rule":"swing","split":"later","cost":2,"shift":0,"return":-2.3975936154767785,"drawdown":12.693663672591327,"sample":59,"win rate":49.152542372881356,"average win":1.1664631284482654,"average loss":1.1902677011959695,"mean":-0.03187458154032861,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing train 20bp shift0 = -10.686530888065704
Quant replication2026-09-08 00:10
{"rule":"swing","split":"train","cost":20,"shift":0,"return":-10.686530888065704,"drawdown":20.390339439487303,"sample":58,"win rate":43.103448275862064,"average win":1.0009619288012317,"average loss":1.087068395975567,"mean":-0.1870553249510848,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing train 10bp shift0 = 0.2986697428200902
Quant replication2026-09-08 00:10
{"rule":"swing","split":"train","cost":10,"shift":0,"return":0.2986697428200902,"drawdown":15.383953056995004,"sample":58,"win rate":51.724137931034484,"average win":1.012761572413506,"average loss":1.0586484230236353,"mean":0.012770540133506765,"quarter Kelly":0.0031524053837946875,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all swing train 2bp shift0 = 10.051940581731422
Quant replication2026-09-08 00:10
{"rule":"swing","split":"train","cost":2,"shift":0,"return":10.051940581731422,"drawdown":11.590635401172822,"sample":58,"win rate":55.172413793103445,"average win":1.1025769454624703,"average loss":0.9712752297668843,"mean":0.1729190738079321,"quarter Kelly":0.039207937940195656,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay recent 20bp shift0 = 4.448897382231287
Quant replication2026-09-08 00:10
{"rule":"delay","split":"recent","cost":20,"shift":0,"return":4.448897382231287,"drawdown":3.7295118027269702,"sample":8,"win rate":62.5,"average win":1.5744708838414168,"average loss":1.136052941795914,"mean":0.5580244492274178,"quarter Kelly":0.08860507599002747,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay recent 10bp shift0 = 6.133522628773136
Quant replication2026-09-08 00:10
{"rule":"delay","split":"recent","cost":10,"shift":0,"return":6.133522628773136,"drawdown":3.5367779479271944,"sample":8,"win rate":62.5,"average win":1.7778233305701627,"average loss":0.9381269732664769,"mean":0.759341966631423,"quarter Kelly":0.10677972799298,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay recent 2bp shift0 = 7.500763530710386
Quant replication2026-09-08 00:10
{"rule":"delay","split":"recent","cost":2,"shift":0,"return":7.500763530710386,"drawdown":3.382313238253487,"sample":8,"win rate":62.5,"average win":1.9407982094675047,"average loss":0.7795010935653934,"mean":0.9206859708301679,"quarter Kelly":0.1185963031008226,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay later 20bp shift0 = -12.662850613328935
Quant replication2026-09-08 00:10
{"rule":"delay","split":"later","cost":20,"shift":0,"return":-12.662850613328935,"drawdown":16.40093086793203,"sample":59,"win rate":52.54237288135594,"average win":1.1660699978601732,"average loss":1.737522867328511,"mean":-0.2119062771446262,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay later 10bp shift0 = -1.7243743861204863
Quant replication2026-09-08 00:10
{"rule":"delay","split":"later","cost":10,"shift":0,"return":-1.7243743861204863,"drawdown":10.923204629923411,"sample":59,"win rate":57.6271186440678,"average win":1.2555472919824462,"average loss":1.736171503554223,"mean":-0.012130163753430616,"quarter Kelly":0,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08
SPY QTM90800 all delay later 2bp shift0 = 8.004840628900922
Quant replication2026-09-08 00:10
{"rule":"delay","split":"later","cost":2,"shift":0,"return":8.004840628900922,"drawdown":9.631218672870833,"sample":59,"win rate":61.016949152542374,"average win":1.3419418461111006,"average loss":1.720833701863035,"mean":0.14797849690084422,"quarter Kelly":0.027567978696260348,"symbol":"SPY","adjustment":"all"}; return/drawdown/win/mean/averagewin/loss in percent; quarterKelly fraction, hypothetical fullyinvested cohorts. Mainfee5bp/slippage5bp;2bpcost0fee2slip;20bp5fee15slip. Calendarshift8 placebo not selected. Daily synthetic intraday fills, not verified15min execution. Later2021-25 previously inspected forotherstrategies. No adoption.
https://runway.adityaperswal.workers.dev/data/stock-bars ; QTM90800 study.py frozen protocol note829; retrieved2026-09-08