Stats

P1 September9 issuer results show a June-quarter revenue contraction and operating loss despite positive net income. Financial income and a debt-retirement gain weaken the inference of operating recovery. P2 H1 OCF minus PPE and capitalized intangibles is -$15.557m; $561.162m cash/investments less $550m note principal leaves $11.162m before other obligations. P3 Management expects Q3 revenue -5% and FY -19%, while describing the advertising problem as solvable. Counterexample: improvement can exceed depressed expectations. Conclusion: prospective earnings-response hypothesis only; neither rebound nor net income establishes a price edge. No independently calibrated ODD holdout. Source proximity: issuer, September9, quarter/H1 endingJune30; management favors its normalization narrative. Sources: https://investors.oddity.com/news-releases/news-release-details/oddity-tech-reports-second-quarter-2026-results-expects

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"2026","cost_side":0.006,"return":0.18002807396100273,"drawdown":-9.674022954254546,"win_rate":50,"sample":4,"avg_win_pct":13.634859514742082,"avg_loss_pct":14.797601665259691,"mean_trade_pct":-0.5813710752588047,"quarter_kelly_diagnostic":0,"calendar_days":252,"symbols":["BTC/USD","ETH/USD"]}

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"holdout","cost_side":0.006,"return":-9.194244272417295,"drawdown":-18.2231279353811,"win_rate":33.33333333333333,"sample":3,"avg_win_pct":2.159762501145231,"avg_loss_pct":18.741634168681625,"mean_trade_pct":-11.774501945406007,"quarter_kelly_diagnostic":0,"calendar_days":365,"symbols":["BTC/USD","ETH/USD"]}

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"train","cost_side":0.006,"return":86.84443839237372,"drawdown":-27.52961814044339,"win_rate":100,"sample":2,"avg_win_pct":24.200440521399365,"avg_loss_pct":0,"mean_trade_pct":24.200440521399365,"quarter_kelly_diagnostic":0.25,"calendar_days":731,"symbols":["BTC/USD","ETH/USD"]}

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"2026","cost_side":0.0035,"return":0.548747461410759,"drawdown":-9.563996719218704,"win_rate":50,"sample":4,"avg_win_pct":14.19247202665343,"avg_loss_pct":14.397035091432208,"mean_trade_pct":-0.10228153238938872,"quarter_kelly_diagnostic":0,"calendar_days":252,"symbols":["BTC/USD","ETH/USD"]}

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"holdout","cost_side":0.0035,"return":-8.644818908014573,"drawdown":-18.14438187989059,"win_rate":33.33333333333333,"sample":3,"avg_win_pct":2.640778186404199,"avg_loss_pct":18.351569692690266,"mean_trade_pct":-11.354120399658777,"quarter_kelly_diagnostic":0,"calendar_days":365,"symbols":["BTC/USD","ETH/USD"]}

Frozen notes1724/1729. BTC and ETH retain one-third initial capital each; planned SOL third stays cash because418missingcalendarbars prevent validtraining. This is a reduced-coverage diagnostic, not a3-assetreplication. Monthly1/3/12positive-return fraction, nextcalendar-dayopen, inactivecash0%, noleverage, vectorbt25bpfee+10/35bpslip per side. Train2023–24/holdout2025/2026separate; no missingcalendarprints in BTC/ETH. Finalperiodclosecostedliquidation, sample is completepositionepisodes with partialresizes aggregated, not independentmonthlybets. TrainingN2containsno loss and doesnotestimate losingtail; .25arithmeticKelly isnotvalidated. Mandatoryshort-horizonrange/15minexits and hourly robustness unvalidated; negativeholdoutrejects live adaptation. Source https://runway.adityaperswal.workers.dev/data/crypto-bars . {"family":"crypto_monthly","signal":"mix","era":"train","cost_side":0.0035,"return":89.53023109103519,"drawdown":-27.304659917527076,"win_rate":100,"sample":2,"avg_win_pct":24.765286463150186,"avg_loss_pct":0,"mean_trade_pct":24.765286463150186,"quarter_kelly_diagnostic":0.25,"calendar_days":731,"symbols":["BTC/USD","ETH/USD"]}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"2026","cost_side":0.0016,"return":-1.6855682639409064,"drawdown":-2.805276757007169,"win_rate":51.162790697674424,"sample":215,"avg_win_pct":1.1626302801816983,"avg_loss_pct":2.021004709127899,"mean_trade_pct":-0.3921682029695003,"quarter_kelly_diagnostic":0,"monthly_clusters":9,"mean_holding":2.353488372093023,"vectorbt_reconciled":true}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"holdout","cost_side":0.0016,"return":-8.228292501395773,"drawdown":-9.15806359987802,"win_rate":43.82566585956417,"sample":1239,"avg_win_pct":0.9965922379632003,"avg_loss_pct":1.39147340747158,"mean_trade_pct":-0.3448877371962889,"quarter_kelly_diagnostic":0,"monthly_clusters":72,"mean_holding":2.4624697336561745,"vectorbt_reconciled":true}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"train","cost_side":0.0016,"return":-5.342637130094719,"drawdown":-5.364315855521484,"win_rate":37.09449929478138,"sample":709,"avg_win_pct":0.638899658656277,"avg_loss_pct":0.9927569801379375,"mean_trade_pct":-0.3875021197671641,"quarter_kelly_diagnostic":0,"monthly_clusters":34,"mean_holding":2.3413258110014104,"vectorbt_reconciled":true}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"2026","cost_side":0.0006,"return":-0.837390516077452,"drawdown":-2.6756370346532887,"win_rate":52.093023255813954,"sample":215,"avg_win_pct":1.3435491263306152,"avg_loss_pct":1.863295064902291,"mean_trade_pct":-0.19275297458561413,"quarter_kelly_diagnostic":0,"monthly_clusters":9,"mean_holding":2.353488372093023,"vectorbt_reconciled":true}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"holdout","cost_side":0.0006,"return":-3.5853043981237565,"drawdown":-6.375064357293558,"win_rate":46.48910411622276,"sample":1239,"avg_win_pct":1.1366843295470295,"avg_loss_pct":1.2592056317905695,"mean_trade_pct":-0.14537785315420393,"quarter_kelly_diagnostic":0,"monthly_clusters":72,"mean_holding":2.4624697336561745,"vectorbt_reconciled":true}

Frozen1720/1721. Same50ETFuniverse; firstmonthlysessionenteronlyall1/3/12excesssignspositive,prior20ADRstop1/target1.5,half+1R;breakevennextday,maximum5sessions. Dailyopen gaporderingknown,otherwise stop-firstbarambiguity; openingprofitsfilledconservativelyatlevel. Fees1bp+5/15slip; vectorbtamountorderledger reconcilescustomcash perasset<1e-8. Synthetic9/12/16hour slotsencodeordering,NOTobservedfilltimes; drawdownsampledmarkapproximation,15minovernightunvalidated. Equallyfundedindependent50sleeves,notpooled100%pertradecompounding. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"swing","era":"train","cost_side":0.0006,"return":-2.635043849171137,"drawdown":-2.943814217606766,"win_rate":42.73624823695346,"sample":709,"avg_win_pct":0.7446188077803125,"avg_loss_pct":0.8841538956012193,"mean_trade_pct":-0.18807754986835026,"quarter_kelly_diagnostic":0,"monthly_clusters":34,"mean_holding":2.3413258110014104,"vectorbt_reconciled":true}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0016,"era":"2026","return":13.724894459343773,"drawdown":-8.11908472523587,"win_rate":86,"sample":50,"avg_win_pct":17.067620076698525,"avg_loss_pct":6.7991879797932375,"quarter_kelly_diagnostic":0.2010571316783848,"annual_return":20.67156565696415,"mean_daily_pct":0.07879571072878316,"vol_annual_pct":14.223079988627596,"sharpe_zero_cash":1.3960772996798243,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0016,"era":"holdout","return":77.39577595673421,"drawdown":-29.686335533123042,"win_rate":94,"sample":50,"avg_win_pct":82.91660269182037,"avg_loss_pct":8.96818326635472,"quarter_kelly_diagnostic":0.23337761383573194,"annual_return":10.031989087023785,"mean_daily_pct":0.04343735205773449,"vol_annual_pct":16.481427168339913,"sharpe_zero_cash":0.6641544210186046,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0016,"era":"train","return":33.04901076986295,"drawdown":-17.822829741004465,"win_rate":98,"sample":50,"avg_win_pct":33.94444098527958,"avg_loss_pct":10.661824731701195,"quarter_kelly_diagnostic":0.24342951829191636,"annual_return":10.021907782507732,"mean_daily_pct":0.039939242162321704,"vol_annual_pct":10.187884991733197,"sharpe_zero_cash":0.987907601339425,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0006,"era":"2026","return":13.952572096657988,"drawdown":-8.119084725235936,"win_rate":86,"sample":50,"avg_win_pct":17.302009882450044,"avg_loss_pct":6.612579607424165,"quarter_kelly_diagnostic":0.20162350282815392,"annual_return":21.024684009024732,"mean_daily_pct":0.07995452287652759,"vol_annual_pct":14.214391569886033,"sharpe_zero_cash":1.4174746534751963,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0006,"era":"holdout","return":77.75092292197321,"drawdown":-29.68633553312302,"win_rate":94,"sample":50,"avg_win_pct":83.28282239156854,"avg_loss_pct":8.785917230151693,"quarter_kelly_diagnostic":0.23341757574169797,"annual_return":10.06869769989811,"mean_daily_pct":0.04356934609810567,"vol_annual_pct":16.48038216244716,"sharpe_zero_cash":0.6662148431084862,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":"passive","cost_side":0.0006,"era":"train","return":33.315375355762036,"drawdown":-17.822829741004387,"win_rate":98,"sample":50,"avg_win_pct":34.21261824564346,"avg_loss_pct":10.482949371648012,"quarter_kelly_diagnostic":0.2434679703119502,"annual_return":10.095532305485566,"mean_daily_pct":0.04020459105128569,"vol_annual_pct":10.187861252772898,"sharpe_zero_cash":0.9944733927512432,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0016,"era":"2026","return":12.652638875446364,"drawdown":-7.9762544242265925,"win_rate":65,"sample":60,"avg_win_pct":18.27104928228229,"avg_loss_pct":3.786189909436414,"quarter_kelly_diagnostic":0.1443679479236617,"annual_return":19.012928221907654,"mean_daily_pct":0.07311567997987553,"vol_annual_pct":13.917123248215363,"sharpe_zero_cash":1.323919536121903,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0016,"era":"holdout","return":31.297330195582873,"drawdown":-15.795237483747048,"win_rate":43.66197183098591,"sample":284,"avg_win_pct":22.28359889309118,"avg_loss_pct":6.8880149180692545,"quarter_kelly_diagnostic":0.06561874178027188,"annual_return":4.646044077827849,"mean_daily_pct":0.01977521205153735,"vol_annual_pct":9.295417883603923,"sharpe_zero_cash":0.5361085966643298,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0016,"era":"train","return":11.98964311841706,"drawdown":-13.89016784569611,"win_rate":59.45945945945946,"sample":148,"avg_win_pct":10.0738776126303,"avg_loss_pct":4.867545313540335,"quarter_kelly_diagnostic":0.09967720842857629,"annual_return":3.8601423643699118,"mean_daily_pct":0.016096566286717816,"vol_annual_pct":7.362665575765926,"sharpe_zero_cash":0.5509329009325423,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0006,"era":"2026","return":12.9164524179755,"drawdown":-7.969869188682088,"win_rate":66.66666666666666,"sample":60,"avg_win_pct":18.049197418516112,"avg_loss_pct":3.781317519453858,"quarter_kelly_diagnostic":0.14920828411473333,"annual_return":19.420340712904572,"mean_daily_pct":0.07447154968361418,"vol_annual_pct":13.907936465750502,"sharpe_zero_cash":1.3493612489879947,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0006,"era":"holdout","return":32.714881480437356,"drawdown":-15.527755926989506,"win_rate":44.36619718309859,"sample":284,"avg_win_pct":22.170973223244573,"avg_loss_pct":6.7865232234357515,"quarter_kelly_diagnostic":0.06834179862516034,"annual_return":4.833632844144531,"mean_daily_pct":0.020486728282477263,"vol_annual_pct":9.293483328543937,"sharpe_zero_cash":0.5555135081942556,"open_positions":0}

Frozen1720/1721/1724. Fifty predetermined cash ETF sleeves,2016warmup,2017–19train/2020–25holdout/2026separate. Monthend1/3/12returnminusSHYsigns; mixpositivefraction/3,componentsdiagnostics,no selection; passivefullsleeve. Nextsessionopenmonthlytargetweightwithinindependentlycompoundingsleeves,1bpfees+5/15slippage,finaleraclosecostedliquidation. Vectorbtpositionepisodesaggregatepartialresizes; correlatedpositionsnotIIDedge. Inactivecashzero,expensesembeddedprices. Thisislongcashadaptation,notAQRriskbalancedshortfutures; no mandatoryADRexits henceunapproved. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; https://www.aqr.com/-/media/AQR/Documents/Insights/Journal-Article/AQR-JPM-Fall-2017.pdf . Fullmetrics={"family":"monthly","signal":12,"cost_side":0.0006,"era":"train","return":12.64417830055451,"drawdown":-13.779417138856044,"win_rate":61.48648648648649,"sample":148,"avg_win_pct":9.956674741798178,"avg_loss_pct":4.926073466009103,"quarter_kelly_diagnostic":0.10607973066214499,"annual_return":4.062784104918227,"mean_daily_pct":0.01686899490862431,"vol_annual_pct":7.360692195381743,"sharpe_zero_cash":0.577525401706172,"open_positions":0}