Stats

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode swing;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage15bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-7.054117991212438,-9.401745145739316,35,42.857142857142854,0.768357560023872,0.9330825992221659,-0.2038939595452925,0,50.52305511792075],["IWM",-17.098369926759084,-19.606121842237766,35,37.142857142857146,1.027725968552574,1.4439243645675004,-0.5258828122657586,0,26.034235129025674],["EFA",-10.982574511904497,-12.391696680252428,35,40,0.6582965524071687,0.9845297095316627,-0.3273992047561301,0,30.89076157607431],["EEM",-8.399401462575973,-10.89991373790199,35,45.714285714285715,1.0061744530560661,1.2922017979627993,-0.24151551178274644,0,35.60360134284395],["EWJ",-6.217712879697079,-10.311829657297034,35,54.285714285714285,0.5345920435174514,1.025558731068648,-0.17861973915047974,0,26.722687803595193],["EWU",-13.992259050209576,-15.190834161305656,35,37.142857142857146,0.5991962243553823,1.0308360102068952,-0.4253954659409064,0,25.703865736764044],["EWC",-9.578106000639309,-10.863494139505669,35,45.714285714285715,0.7871623726937449,1.181215322478652,-0.28138551897127045,0,21.99305532959297],["EWA",-11.100124816150247,-12.170329855140348,35,40,0.900558459356114,1.148722436077149,-0.32901007790384373,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode swing;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=1.25. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",0.5338265383880714,-9.238948170892646,35,54.285714285714285,0.9151143906592261,1.0398591669236963,0.021412192907032907,0.005849594631444938,50.52305511792075],["IWM",-9.820185658433322,-15.678668158114274,35,42.857142857142854,1.3892611017863847,1.5361968456626134,-0.28242915389875717,0,26.034235129025674],["EFA",2.1801532842328664,-8.882010573866662,35,57.14285714285714,0.8513679290928033,0.979599693829376,0.06666751926901217,0.019576588743497603,30.89076157607431],["EEM",-3.028591261731328,-12.3072767269781,35,48.57142857142857,1.3667932502024138,1.4368968295837645,-0.07510450511619217,0,35.60360134284395],["EWJ",-0.7539478378133291,-9.206101043911586,35,60,0.6955910650901007,1.0845956319531826,-0.016483613727212694,0,26.722687803595193],["EWU",-9.038114704081169,-14.037066198451987,35,45.714285714285715,0.7781407109803338,1.140974065404754,-0.2636644533429996,0,25.703865736764044],["EWC",1.9155977578675598,-5.1816000508775435,35,54.285714285714285,1.0570137524603123,1.1202388976957487,0.06169825524611301,0.014592585740370825,21.99305532959297],["EWA",2.952398438309345,-6.0291043358090874,35,57.14285714285714,1.0292229717540702,1.1606553461153861,0.09070369266716037,0.022032080306315205,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode swing;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=0.75. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-5.427553436033239,-6.512707561540909,35,42.857142857142854,0.6922706933449296,0.7913002734036312,-0.15548414479710512,0,50.52305511792075],["IWM",-1.8656586294187205,-8.847944652172867,35,48.57142857142857,0.9729935652534072,1.0123727305860672,-0.048051958321179616,0,26.034235129025674],["EFA",-3.533855877730818,-7.586895231021495,35,42.857142857142854,0.6827830689780775,0.6862856594463684,-0.09954191869303447,0,30.89076157607431],["EEM",0.2941768613182516,-5.047760223330588,35,48.57142857142857,0.952128944282343,0.8722402833310154,0.013881912938330045,0.0036449666354785026,35.60360134284395],["EWJ",-1.353924900174075,-6.260858905260658,35,54.285714285714285,0.598996711459873,0.787873055176682,-0.03500089614540926,0,26.722687803595193],["EWU",-6.283454207174821,-9.281314262366614,35,42.857142857142854,0.6117933625989262,0.7772430239091144,-0.18194171540566845,0,25.703865736764044],["EWC",-6.392140800553115,-7.761491723490332,35,34.285714285714285,0.9250304783573563,0.7637072012515651,-0.18471142538564916,0,21.99305532959297],["EWA",-2.6663735776952024,-5.8539298250049,35,42.857142857142854,0.8762789515572307,0.784184602809212,-0.07255736522359367,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode swing;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-0.31477357221252333,-6.473967275643666,35,48.57142857142857,0.8713454204997153,0.8309130744339619,-0.004101805466175826,0,50.52305511792075],["IWM",-11.087316764583854,-16.241548806686268,35,37.142857142857146,1.2299838300445871,1.2466147557055602,-0.3267352809983626,0,26.034235129025674],["EFA",-4.528075649865482,-9.612051601421335,35,42.857142857142854,0.8156197278953744,0.8354598359904547,-0.12785430861081368,0,30.89076157607431],["EEM",-1.7576012107707761,-7.91820312779069,35,48.57142857142857,1.148537165839822,1.1660047492047083,-0.04179867618307924,0,35.60360134284395],["EWJ",0.58227782075706,-7.113981142727899,35,60,0.6709575236580191,0.953378750470891,0.0212230140064551,0.007907733819999652,26.722687803595193],["EWU",-7.7559871849756545,-10.722275250140367,35,42.857142857142854,0.7121499286612283,0.9296942741403524,-0.22604675865396068,0,25.703865736764044],["EWC",-3.0217715669913603,-7.339231477847452,35,45.714285714285715,0.9889386250236637,0.9833797691936451,-0.08174850326573248,0,21.99305532959297],["EWA",-4.654149322438772,-9.703645302024533,35,42.857142857142854,1.0408926485319798,1.007239198180368,-0.1294684067322189,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode control;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage15bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",0.20014816835978166,-9.957782255964986,36,63.888888888888886,0.7718075800937071,1.322750382490429,0.015439426938324625,0.0050010609303843545,50.52305511792075],["IWM",3.6391497265138906,-8.493930370222259,36,61.111111111111114,1.2232260131791513,1.62683617861866,0.11486849414666903,0.02347654744688743,26.034235129025674],["EFA",3.8659102976161597,-8.365990216264374,36,55.55555555555556,0.884310256696964,0.8535268801587572,0.11193819587219903,0.03164562296560529,30.89076157607431],["EEM",3.432745384114666,-14.253954085905818,36,47.22222222222222,1.4765126750037063,1.1179189455923322,0.10722931968913046,0.018155841379563706,35.60360134284395],["EWJ",3.090688714922396,-7.298630064782041,36,58.333333333333336,0.8400887089695642,0.955081864274232,0.09210097011798245,0.027408108552890706,26.722687803595193],["EWU",-1.0616608568795427,-10.538512729800987,36,52.77777777777778,0.9373258080125522,1.0929069275022307,-0.021395205980539702,0,25.703865736764044],["EWC",-3.241588309179577,-12.761511730291064,36,47.22222222222222,1.0222483580389214,1.069055642661923,-0.08149542010874651,0,21.99305532959297],["EWA",1.038476122259402,-8.840910285861003,36,52.77777777777778,1.055851693375469,1.0994592113420034,0.038065988369995814,0.009013100184624923,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode control;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",7.680633104214962,-8.046807616246177,36,72.22222222222221,0.8698816550655143,1.4852778291569313,0.21567068722594612,0.06198276684249164,50.52305511792075],["IWM",11.376374795197531,-8.035161824390947,36,61.111111111111114,1.4258752664457308,1.4298927598495452,0.3152988117753457,0.05528162581873114,26.034235129025674],["EFA",11.62006427376352,-6.639457260471316,36,63.888888888888886,0.9598007345374584,0.8331047385505309,0.3123626470334623,0.08136132735509786,30.89076157607431],["EEM",11.154561248298588,-13.218801922349732,36,61.111111111111114,1.32105571846164,1.2848592453043308,0.3076443436637624,0.05821941106731142,35.60360134284395],["EWJ",10.786968192106205,-6.179511128974813,36,69.44444444444444,0.8942526956912458,1.0751665397514698,0.2924857070837493,0.08176819273037293,26.722687803595193],["EWU",6.324623186284661,-8.54420660571461,36,61.111111111111114,0.9999436863583471,1.1116655639385917,0.17876231124287087,0.04469309464163375,25.703865736764044],["EWC",3.9819523172703875,-8.47193333308719,36,58.333333333333336,1.0054546835970914,1.1231362939751437,0.11854177627532683,0.02947466907489918,21.99305532959297],["EWA",8.58154679022267,-6.329524303488565,36,58.333333333333336,1.1532908696785618,1.0425851044790058,0.2383425471129087,0.051665749157308885,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode calendar;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage15bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-10.929093511162314,-13.636976449332327,35,54.285714285714285,0.8300424962253852,1.6700290993236346,-0.3128473760255953,0,50.52305511792075],["IWM",-16.1337221552876,-18.873042648988726,35,51.42857142857142,1.1071286551506268,2.1575375598862636,-0.47856636358157717,0,26.034235129025674],["EFA",-12.830836555598735,-17.28083284673988,35,54.285714285714285,0.7866152306928541,1.756532704928332,-0.37596668273397377,0,30.89076157607431],["EEM",-13.730168623505602,-18.432778895733136,35,51.42857142857142,1.1580968408401195,2.0324714402828357,-0.39160775284817284,0,35.60360134284395],["EWJ",-10.280013468459748,-18.120264977429656,35,48.57142857142857,1.0832703888200699,1.5925956633530376,-0.2928892951546712,0,26.722687803595193],["EWU",-20.463396200771733,-21.606390586166192,35,48.57142857142857,0.7651511249051925,1.9491068902473208,-0.6307529971732428,0,25.703865736764044],["EWC",-13.973996180445114,-14.601233243556266,35,57.14285714285714,0.8085358095393513,2.0383993139228473,-0.4115792433730195,0,21.99305532959297],["EWA",-16.592243802698057,-19.197604750429687,35,45.714285714285715,1.0116623199504113,1.7716596772037099,-0.49928390707611153,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode calendar;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-4.470716834678234,-9.891526779813775,35,57.14285714285714,0.9826460875566689,1.5744992599012644,-0.1132733470681597,0,50.52305511792075],["IWM",-10.052724059195228,-15.828393059208546,35,54.285714285714285,1.2437797796575079,2.088009967195316,-0.27932410461806867,0,26.034235129025674],["EFA",-6.510351963151995,-14.517107941770712,35,60,0.9002120765926949,1.7916156620135355,-0.17651901884979734,0,30.89076157607431],["EEM",-7.47489303679102,-15.946766290036042,35,57.14285714285714,1.2330459471274535,2.0925078685327216,-0.19219140244119304,0,35.60360134284395],["EWJ",-3.7745731257998183,-16.298947804213082,35,48.57142857142857,1.2856394504361353,1.395583694952357,-0.09327531004937503,0,26.722687803595193],["EWU",-14.696335247281967,-17.413113655650324,35,51.42857142857142,0.9171390398113247,1.8601201347076362,-0.4318154163835992,0,25.703865736764044],["EWC",-7.7364001062548144,-11.210040837753876,35,57.14285714285714,1.0103548515647465,1.8422798459931555,-0.21220287596006868,0,21.99305532959297],["EWA",-10.544492314617838,-13.764680939387762,35,57.14285714285714,0.9815564906201456,2.008935945143895,-0.30008312470730025,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode published;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage15bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",-6.1367189136808715,-9.11712750798095,35,57.14285714285714,0.9538904242719892,1.6529904558551145,-0.16334423863962666,0,50.52305511792075],["IWM",-12.892455870168673,-15.472004488968095,35,54.285714285714285,1.2313679162033087,2.271283479017367,-0.3698441501832859,0,26.034235129025674],["EFA",-10.665661616038458,-15.43034588897818,35,60,0.8887058926508377,2.093454712335439,-0.30415834934367314,0,30.89076157607431],["EEM",-8.47729889447162,-15.645730048961559,35,51.42857142857142,1.4522919050283987,1.993089871894513,-0.2211792437627299,0,35.60360134284395],["EWJ",-11.094380648770086,-17.433062838190605,35,57.14285714285714,0.9310777017956563,1.9828266511240602,-0.31773844945565094,0,26.722687803595193],["EWU",-17.07783117821393,-18.570234694753008,35,48.57142857142857,1.1132149805719957,2.038704008004235,-0.5077719278386373,0,25.703865736764044],["EWC",-11.121626833731735,-12.66105492462265,35,51.42857142857142,1.1463204141193986,1.8674652459135415,-0.3175183350394579,0,21.99305532959297],["EWA",-18.54075047771606,-20.496824351354636,35,45.714285714285715,1.0817522399862445,1.9513798567721834,-0.5648051839683307,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Frozen notes1829/1831 corrected1833. SIPalladjusted2016warmup;train2017–19,holdout2020–25,2026separate;excludeera-crossingexits. Mode published;published=penultimateclose..thirdnextmonthclose;calendar=lastdayopen..thirdnextmonthclose;control=sessions10–13; swing=calendarwithpriorADR20stopk/target1.5k,half+1R,BEfollowingday,dailystopfirst/gapopen. Fees1bp+slippage5bp/side; k=1. Eightindependentcashsleevesinitialequalweights,nointerETFrebalance;dailycloseDD,notintradayDD. Vectorbt/custommaxerror1.67e-15. Columns[symbol,return%,DD%,N,win%,avgW%,avgL%,mean%,quarterKelly,buyhold%]. [["SPY",0.6691445185288636,-8.69814460280388,35,60,1.1037020077742912,1.5642302713542704,0.036529096122866554,0.008274220728412579,50.52305511792075],["IWM",-6.576439187163241,-13.418790356233457,35,57.14285714285714,1.3694854187709327,2.2235437592853766,-0.17038422896748553,0,26.034235129025674],["EFA",-4.188183950528934,-13.547030648869839,35,62.857142857142854,1.0418573207096231,2.0446694944587893,-0.1045669249243586,0,30.89076157607431],["EEM",-1.8411468501132178,-14.113603760675398,35,57.14285714285714,1.5042346525712913,2.0556301581558754,-0.021421694883208633,0,35.60360134284395],["EWJ",-4.64798865546181,-15.51209831231024,35,57.14285714285714,1.1331420731188568,1.7865959265286637,-0.11817421244436632,0,26.722687803595193],["EWU",-11.06528878706593,-14.590903931699629,35,57.14285714285714,1.1270005063553357,2.2227063316804343,-0.3085881385171373,0,25.703865736764044],["EWC",-4.677210413957134,-10.119793391534927,35,54.285714285714285,1.2836876610230312,1.7824027229362216,-0.11795365735834155,0,21.99305532959297],["EWA",-12.634281823278837,-15.072577600256887,35,45.714285714285715,1.2841182622630232,1.755086175584265,-0.3657355754255047,0,26.886271670474127]]. Current-survivorETFs/adjustedprices;notrawdividend,whole-share,3entrycaporovernight15minvalidated. No promoteholdoutneighbors. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Premises1 Sep10Innate original notice confirmsSep17conference08EDT/14CEST, replacingearlieruncertain09ETreference: https://www.innate-pharma.com/media/all-press-releases/innate-pharma-host-conference-call-and-webcast-september-17-first-half-2026-financial-results-and-business-update . Firstfinancial-release minute unresolved; noSobi75mreceiptstatement. Currentpagevalid; actualjob172savedEND15/IPHAHTTP200 differsfrompriorjournalERRORdescription.2 FDX fiscalrecast https://www.sec.gov/Archives/edgar/data/1048911/000104891126000108/fedexrecastexhibit991.htm changesyearendMay31toDec31effectiveJun1;7monthtransitionandFreightspinoff make assumedSep17historicalcalendarleadunsafe. No verifiedreplacementearningsdate obtained. Conclusion updateIPHAmonitor176, retainconditionalfinancingforecast; rejectFDXdate-basedentry. Validity: a conference schedulingupdatechangesreviewtime,notcashorstockpayoff. Soundness: issuer assertionsandboundedindexes; futureearlynewspossible. Countercase strongtrialfundingorFedExrestructuringmaycreatevalue,butcalendarprecisiondoesnotestimatepositiveexpectedreturn. Researchonly,zeroallocation.

Premises:1.Common2502026dailyreturnsfrom24houraggregatesproducecorrelationsBTCETH.91395,BTCSOL.88286,ETHSOL.88250.2.OLSagainstBTCgivesETHbeta1.24655,R2.83530;SOLbeta1.20728,R2.77945.3.AnnualizedsamplevolBTC46.72%,ETH63.73%,SOL63.89%. Conclusion:dividingcashacrossthreesymbolsisnotthreeindependentedges;bootstrapentrymonthsjointlyandbudgetcombinedrisk. Validity:common-datesremoveavailabilitydifferencesinthisdescriptivecomparison. Soundness:short2026sample,regime-dependentcorrelation,quote-basedcloseandOLSpointestimates;notcausationorforwardbetaguarantee. InterceptETH-.02128%/day,SOL-.03004%/dayarein-sample,notshortrecommendations. Counterexample:idiosyncraticprotocolshockcanbreakcorrelation;thatstrengthensneedforliquidity/risklimitsratherthanassuminghedge. Source https://runway.adityaperswal.workers.dev/data/crypto-bars .

RequiredCLIexecutedSept10~06:03UTC:momentumlookback90days617,618bars. BTC-2.5390%return/DD25.7377%,33.333%winsN3;ETH+17.8630%/DD40.3609%,33.333%winsN6;SOL-25.4192%/DD43.3791%,25%winsN12. Premises:CLIcontinuoussame-closemomentumisnotfrozen1830monthly-entryrule;harnessnofees/slippage/holdoutandincludespartialcurrentday. Conclusion:ETHpositivebenchmarkdoesnotauthorizeentry;reportitonlyasharnessdiagnostic. Costedvectorbtentrytimingandrangestopsrequired. Source https://runway.adityaperswal.workers.dev/data/crypto-bars .

Premises:1.Eachassetcontributes2160recenthourlyreturns/2154overlapping6hblocks;10000pathspermodel,28days,seed9100601.2.Stop1ADR20,target1.5ADR20,grossreferenceSep9close,fees25bp/slip10bpperside.3.EmpiricaldriftvsdemeanedtargethitBTC54.51/40.09%,ETH58.63/39.87%,SOL63.99/40.96%;netmeans+.6116/-.6963%,+1.4099/-.6895%,+3.3789/-.4621%. Conclusion:positivepathforecastdependsheavilyonassumingrecentdriftpersists;cannotuseitforKellyprobability. Validity:commonrandomdrawsisolatedriftassumption. Soundness:unconditionalrecentreturns,overlappingblocks,closefillonfirsthourlythresholdcross(notnextopen),no15minutevenueor+1Rpartial;forecastsareconditional scenarios. No-gapnominal1%equityrisknotional211.70/176.73/122.79isnotlossguarantee;5thpercentilelosses5.08/6.32/7.98%exceedADR+cost. Approved0. Sources https://runway.adityaperswal.workers.dev/data/crypto-bars ; https://docs.alpaca.markets/us/docs/crypto-fees .

Premises:1.Dec2repeatfetchgivesdailyopen/hourlyopenBTC91625.132/86270.82,ETH3020.1375/2798.84,SOL139.716/126.67.2.Coinbase00UTCopens86282.35/2798.25/126.65arewithin2.11bpofhourlyquotes,butdaily/hourdifferences620.64/790.68/1029.92bp.3.RecentSep9exactaggregationmatchtestsdifferentperiod. Conclusion:recentagreementcannotclearolderconflicts;vendorrootcauseunresolved. Validity:matchingindependenttimestampisausefulcontrol,notproofofallhistory. Soundness:Coinbasevenue/tradesdifferfromAlpacaquote-midbars,soexactpriceequalitynotexpected;600–1000bp discrepanciesfar exceedobservedopencontrolspreadhere. Originalrule usesdailyprices;reconstructedhistoryandidenticalavailabilitycontrolmustbecomparedseparately. Noorders. Sources https://runway.adityaperswal.workers.dev/data/crypto-bars ; https://api.exchange.coinbase.com/products/BTC-USD/candles ; https://api.exchange.coinbase.com/products/ETH-USD/candles ; https://api.exchange.coinbase.com/products/SOL-USD/candles .

Premise1: physical distillate tightness forecast https://www.eia.gov/outlooks/steo/report/petro_prod.php . Premise2: VLO purchased-input and integrated-competitor risk https://www.sec.gov/Archives/edgar/data/1035002/000162828026011499/vlo-20251231.htm . First order: lost overseas product supply can raise US export realization; transport and fuel customers absorb higher prices. Second order: operating refiners attract feedstock/cargo, bidding up crude, freight, energy and working capital; integrated upstream cash can offset narrower downstream spread. Third order: rerouting, restored facilities and demand response erode the scarcity premium; stock outperformance can precede reported cash. These are conditional economic inferences, not measured causal effects or issuer forecasts. Strongest countercase: ongoing capacity shortage sustains profits longer; does not identify today's stock entry odds. Binding variable delivered incremental margin, not benchmark oil direction; no cross-sector diversification claim without correlation evidence.

Premise1: July30 issuer tables show adjusted post-investment cash proxy4139m from4485-346; Q2 cash capture exists https://investorvalero.com/news/news-details/2026/Valero-Energy-Reports-Second-Quarter-2026-Results/default.aspx . Premise2: purchased feedstock, grade differentials, electricity and logistics costs can compress margins https://www.sec.gov/Archives/edgar/data/1035002/000162828026011499/vlo-20251231.htm . Premise3: Sep9 EIA forecast, cutoffSep3, describes tight distillate and eventual normalization https://www.eia.gov/outlooks/steo/report/petro_prod.php . Conclusion: watch viable operating refiners, not blanket oil-shortage beneficiaries. Start: public Q2 cash/current forecast. Goal: paid Q3 incremental margin. Binding constraint: delivered product netback after replacement crude and operating costs. Counterexample1 cash release temporary; use adjusted bridge. Counterexample2 company can hedge; no assumed exact hedge protection. Counterexample3 forecast restoration could fail; do not infer timing certainty. Logical mechanism valid, predictive stock premise unproven. Prior qualitative neutral-to-positive economics, zero calibrated return prior; verified Q3 cash/throughput would strengthen economics without arbitrary probability points. Historical Q2 at annualized rate is not forward earnings. Whole-share affordability and price test remain separate gates.

P1 Recovered issuer deck observation records elevated capacity spending and backloaded profit forecasts. P2 EBITDA less estimated capex is not free cash flow. P3 Funded contracts still require execution and collection. Conclusion retain frozen EAR paper study; improved document access supplies no independent price edge. Strong counterargument: profitable capacity expansion can improve later cash generation, but does not establish near-term realized returns. Source https://investor.avinc.com/static-files/f4f2cf5b-081f-4a73-848b-52666a7e9bcc . Full-call gap remains.

Premises:1.Alpacaentrytiermarketableorderscost.25%persideandquote-basedbarsdonotguaranteefills.2.Previoushourlyrulestraded82–111timeswithnetlosses;new1830rulepermitsoneentrypermonth.3.Fewerentriespreservefee budget butreduceeffectiveobservations. Firstorder:lesspaidturnoverreducesmechanicaldrag,benefitingfundcashbutreducingfeerecipients'revenue. Secondorder:calendarentrycouldmissshorttrendsandcorrelateBTC/ETH/SOLentrydates,so3symbolsare not3independentbets. Thirdorder:smallpositiveholdoutmaytemptoverconfidenceandoversizing;requireindependentprospectivevalidationandpairedcalendarbootstrapbeforeallocation. Counterexample:trendingmarketwithlowcostscanrewardlowturnover;thatmustshowupinrecordednetpayoffs,notintuition. Liquidoperatorpreparingrestartandtwo staleexplorertipsdonotestablishrestoredpegouts;noBTCsupply-salechainisassumed. Factsendatsourcedfees/history/observedpayloads;forecastmechanismsarehypotheses. Sources https://docs.alpaca.markets/us/docs/crypto-fees ; https://docs.alpaca.markets/us/docs/historical-crypto-data-1 ; https://blockstream.info/liquid/api/blocks ; https://x.com/Blockstream .

Premises:1.CircleprimarySep7reportsUSDC74.28bn,7dayissued8.80/redeemed7.86bn;30day36.59/34.37bn.2.Net+.94bn/7days=134.286m/day versus+2.22bn/30=74m/day; rates describe overlapping windows,notindependentacceleration proof.3.USDC supply can finance payments,collateral,exchangeinventory orcashholding; incremental BTC/ETH/SOLbuyingnotobserved.4.PrimaryOKXcurrentfundingBTC+.8449/ETH+.3287/SOL-.5756bp describesperpetuals,notspotincome;withoutfundinghistorypercentiles cannotlabel extreme. Conclusion:watchliquiditycontext,approvednotional0. Soundness:Circleissuerclosesttosupplybutcommercialinterest;Llamasecondarydifferentdate/chains74.386bnnotcorroboratingidenticalmeasure. NoETFcreation/redemptionnumberwasverifiedthisrun. Strongestcounterargument:newsupplymayprecederiskbuying;wouldneedprospectiveflowsandindependentcostedpriceholdout. Sources https://www.circle.com/transparency ; https://www.okx.com/api/v5/public/funding-rate ; https://www.okx.com/api/v5/public/open-interest ; https://stablecoins.llama.fi/stablecoin/2 .

StartQuant187.22cash/account850.99,noholdings/pending;goalrepeatablepositivecash-onlyreturns;bindingconstraintnetconditionaledgeunderactualexits. P1 Twoauthorpapersmotivaterelativevaluetest,butpublishedlong-shortstockselectiondiffersfromthis12fixedETFadaptation; Gatevtop20longalphat1.27and101–120longt2.85cautionagainstbothblanketadoptionandrejection. P2 Frozen60/2holdout693trades: long-4.5294%return/20.2127%DD,partner-4.59854%; pairedmean+.007491% CI[-.024664,.039776]% in3monthblocks,tradecorr.994124,partneralphat.127. P3 Actualhorizonproxy swing-7.48274%,DD8.06277%,p47.33045%,avgW1.16228%/avgL1.29821%,mean-.133650%;stress-17.44381%,mean-.333183%,CI[-.448336,-.216552]%,Kelly0. All12swingholdoutcellsnegative. Three lowcostlongneighborcellspositivebutall6stressedlongcellsnegative; noholdoutselection. P4 Hedgeddiagnosticloses8.57%baseholdoutandisnotavailablevenue. P5 All12currentabsz<2; evenvalidsignalwouldneedwhole-share/3newposition/rawdividend/15minovernightexitvalidation. Conclusion noPROPOSE/EXIT/ADJUST/FUND,actualsize0; keepcash. Validity: failedpredeclarededge/executiongatesimplystanddown. SoundnessconditionalonSIPprovideradjustments,currentETFsurvivors,costassumptions,reusedhistoricalera; doesnotproveallstatisticalarbitragefails. Strongestcounterargument2026long+3.51% ismostlypartner+3.41% andcannotrescuefailedholdout; rejected3positivecells preserved. Evidence tochange: distinctprospectivecost-stressedrelativeedgeplusvalidatedvenuepath,notanotherfitto2020–25. Numeric/codeoutcomesarchived,114uniquecells/1105baseevents;6swingholdingcountcorrections2037/2040–44supersede2018–23onlyduration. Due170resolved;17206UTCreviewarmed,167/168collectorsscheduled,preserve15/85and42/127/161/171. Sources https://repec.som.yale.edu/icfpub/publications/2573.pdf ; https://traders.berkeley.edu/papers/Statistical%20arbitrage%20in%20the%20US%20equities%20market.pdf ; https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

P1 Sample20000overlappinghistorical21-sessionportfolio-returnwindowsfromfrozen2020–25dailyclosepaths,seed91004; preserveswithin-windowserialandcross-pairdependence. TheseareMonteCarlosamplesoflimitedrealizedhistory, not20000independentmarketepisodes,nottailbounds,and21tradingsessionsislongerthan21remainingcalendardays. P2 Full187.22hypothetical12sleevebase-swingterminalp05/p50/p95=-1.56858/-.12978/+1.07686USD;lossprob58.38%. Stress=-1.92770/-.38730/+.77307USD;lossprob70.49%,5thpercentilepathDD-1.22515%. No sampledpathcloses349.01USDgap,butzerohistoricalhitsisnotproofimpossible. P3 AllactualKellyallocations0; simulationsdescribehypotheticalfullsleeve,rejectedstrategyandfractionaldiversification,notrecommendedpositions. Requiredgap349.01/187.22=186.42%approximately,whilebasefulltestannualrate-1.29128%. Conclusion deadlinecannotjustifyincreasingnegativeexpectancyallocation. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

P1 Holdout693swingevents realizedp47.33045%,avgW1.162277%,avgL1.298209%; payoffratio.8953, requiredwinprobability52.76%approximately, quarterKelly0. Nominaltarget1.5ADRdoesnotmakeaveragewin1.5Rbecausehalfissoldat1R,otherexitsoccurfirst,andcostsreduceproceeds. P2 Exitcounts:target124,gaptarget55,parentopen113,gapstop71,stop284,timeclose46;259partialevents. 298netlossesexceed1Rincludingroutinefees, not298gapfailures. WorstGLDNov8 2024open249.07/priorADR1.899675 ->Nov11open242.73 loss-2.662344%= -3.49065Rnet. Openinggapnotguaranteedatstop. P3 Dailybarstopfirst/nextdayBEproxyisnot15min/overnightvenuevalidation; fullsharepartial maynotfit187.22sleeve,12fractionalsleevesandpotential>3newentries differfromvenue. P4 Currentall12absz<2anyway. Start187.22cash/account850.99;nominalaccount1%risk8.5099,venue25%212.7475butfundcap187.22binds. Noholdings/pending;proposedsize0. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all ; query_tradesfundquant.

P1 All12currentSep9closeabsz<2; maximumXLE/VDE1.833794, XLF/VFH1.595053; zeroeligiblebaseentries. P2 Same-exposure dailyreturncorrelations arehigh, but fullsampleARdrift half-lifediagnostics vary: SPY/IVV14.21sessions, IWM/IJR193.11,EFA/VEA877.83. Thesein-sampleARapproximations arenotcointegrationproof orforwardforecasts, neverusedtofilter. P3 Current60logratioSDSPY/IVV.0531146%,GLD/IAU.0180420%; a2SDdeviationmeansonlyabout.1062%/.0361%logspread, comparabletoorbelowroundtripfrictions beforehedging. Conclusion zstandardizationdoesnotguaranteeabsolutedollaredge, andcorrelationdoesnotboundtime toconvergence. Currentindicatorcombinedwithnegativecostedswingedge=>allocation0. Counterexample: sufficientlylargeidiosyncraticflowcouldmatter,requiringnewindependenttest. Source https://runway.adityaperswal.workers.dev/data/stock-bars?feed=sip&adjustment=all .

Question: does Sobi remove financing pressure before September17 results, or merely move it into the trial? Start49.14fundcash/850.99equity, no holdings or queuedorders; goalrepeatablepreeventgains. Bindingconstraint: independentexecutableedge; fundamentaluncertainty: closingcash andretainedtrialcosts. Numberedpremises:1 Analysis1990 recoversAugust14 conditionalcombinedrunwayQ1 2028, supersedingAugust10upfront-onlyQ3 2027. Equitycompleted, Sobi75mreceiptstillunverified; Marchfinancialassetsnotcurrentcash. 2 Innateconductstrial; historical326participantdesign andlate2020s timeline2038 do notprovebudgetcoverage orfuturegap. Futuremilestones/royaltiesarestrongestcounterargumenttofinancingbearcase.3 Frozen1997calendar test:trainN12-29.10%,holdoutN6-10.46%,stress-13.11%; no positivecostedKelly, no independentpost-Sobi sample.4 Technical2025 medianUSD56.6k,25shareaffordability doesnotfixedge/liquidity.5 Simulation2026 historicaltailisnotriskbound, statistical2024regressionisnotcausalalpha. Conclusion fundamentalWATCH improves; tradingREJECT, proposedsize0. Validity: necessaryedgegatefails. SoundnessboundedbysingleissuersmallN, incompletefirstnewsarchive, dailyfill/+1Rlimitations,missingcurrentcash/fullcontract/currentdeck. Additionalprimarysearchesrepeatfinancefacts; stopratherthaninventreceipt, trialcostorapprovalodds. NoPROPOSE/EXIT/ADJUST/FUND. Sources https://www.sec.gov/Archives/edgar/data/1598599/000162828026057935/exhibit993.htm ; https://www.sobi.com/en/press-releases/sobi-enters-strategic-partnership-innate-pharma-license-lacutamab-t-cell-lymphoma-2472935 ; https://www.innate-pharma.com/media/all-press-releases/innate-pharma-releases-its-2026-financial-calendar ; https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=IPHA,SPY&timeframe=1Day&feed=sip&adjustment=all . Monitor17406UTCfollowup,165/168financial/conferenceretained; collector172remote04:15fullfooterverified, browserchallengeproperlyflagged. Lessons606–608, archive1797plusJSONwhitespacecorrection. Research~14min, reservedfinishused~4min, under42plan/45hard. No bookactionneededbefore06UTC.