Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18724. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18723. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18722. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18721. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18720. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 9.094947017729282e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18719. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18718. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18717. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 6.821210263296962e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18716. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 6.821210263296962e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18715. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18714. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18713. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18712. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18711. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 4.547473508864641e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18710. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18709. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. 20-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18708. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 6.821210263296962e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18707. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 2.2737367544323206e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18706. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR; sell half at1ADR, remaining stop breakeven from next session. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18705. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 1.3642420526593924e-12. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18704. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 6.821210263296962e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18703. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session horizon; stop1 prior20-session mean H-L, target1.5ADR. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees0bp plus slippage0bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 0. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18702. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage15bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 6.821210263296962e-13. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18701. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .
Frozen notes1683/1684/1688. Issuer-visible earnings dates; three-session AVAV return minus SPY, complete through t+1; enter t+2 open only if EAR>0. Five-session close exit, no stops. Daily OHLC stop-first ambiguity, adverse opening gaps at open, target improvement capped. Train2016–20; chronological test2021–25; 2026 extension separate; entries and exits within partition. Fees1bp plus slippage5bp EACH side. Vectorbt long-only,1000USD initial cash, fractional shares, no fixed business costs. Cash ledger reconciled, max error 1.3642420526593924e-12. Drawdown uses open/close marks, not full intraday risk. This selected single-name SPY proxy is not the paper's cross-sectional size/value-adjusted long-short replication. Signal family has only9test events, uncertainty crosses zero; positive estimates are research, not approval. Full metrics observation18700. Source https://investor.avinc.com/financial-information/quarterly-results ; https://runway.adityaperswal.workers.dev/data/stock-bars .