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Canli Capital

Measurements

Book without alphavintage

Book without alphavintage is one of 21 measurements this engine publishes in full. It is regenerated from a real run rather than transcribed, and it is shown here with its own claim boundary so the number and its limits arrive together.

The measurement

Common window days
1061
Schema
canli.alphac-book-without-alphavintage.v1

Alignment. alphaforge.portfolio.book.combine_book, the production path: contiguous epoch-day index, an absent day treated as FLAT, pairwise correlation on days where both sleeves are genuinely active.

Deltas

Book max drawdown
-0.010554
Book sharpe equal risk
0.006268
Projected book sharpe at 14 sleeves
-0.014031
Rho bar
0.046333
S bar
0.090516

What this does not settle. Removing a sleeve raises s_bar mechanically whenever the sleeve is below average, and that is not evidence the remaining sleeves are better. It also measures both allocations on the window used to compare them, which is in-sample by construction for the comparison itself. The drawdown and correlation effects are the parts that carry information; the s_bar arithmetic is bookkeeping.

Window note. Bounded by the BLESSED research curves, which are frozen by disclosure protocol and end 2026-06-01 by design. This is not the live record and cannot be extended by re-running anything.

With alphavintage

Book max drawdown
-0.027531
Book sharpe equal risk
1.037454
Book vol
0.033656
Diversification ratio
1.942737
N
4
N days
1061
Projected book sharpe at 14 sleeves
1.516612
Rho bar
0.026037
S bar
0.468939

Pairwise correlations

AlphaForge|AlphaMax
-0.015770
AlphaForge|AlphaTrend
0.022856
AlphaForge|AlphaVintage
0.045550
AlphaMax|AlphaTrend
0.210022
AlphaMax|AlphaVintage
-0.062169
AlphaTrend|AlphaVintage
-0.044269

Per sleeve sharpe

AlphaForge
1.118055
AlphaMax
0.759470
AlphaTrend
-0.199160
AlphaVintage
0.197390

Rho bar required at 14

2 / 0
-0.017718
2 / 5
-0.039032

S bar required at 14 at this rho

2 / 0
0.618403
2 / 5
0.773003

Sleeves

  • AlphaForge
  • AlphaMax
  • AlphaTrend
  • AlphaVintage

Without alphavintage

Book max drawdown
-0.038085
Book sharpe equal risk
1.043722
Book vol
0.040103
Diversification ratio
1.642547
N
3
N days
1061
Projected book sharpe at 14 sleeves
1.502581
Rho bar
0.072370
S bar
0.559455

Pairwise correlations

AlphaForge|AlphaMax
-0.015770
AlphaForge|AlphaTrend
0.022856
AlphaMax|AlphaTrend
0.210022

Per sleeve sharpe

AlphaForge
1.118055
AlphaMax
0.759470
AlphaTrend
-0.199160

Rho bar required at 14

2 / 0
0.007343
2 / 5
-0.022993

S bar required at 14 at this rho

2 / 0
0.744658
2 / 5
0.930822

Sleeves

  • AlphaForge
  • AlphaMax
  • AlphaTrend

Check it yourself

Every figure above is read from /glassbox/book_without_alphavintage.json, the artifact the engine wrote. Nothing on this page is typed by hand: the page is generated from that file, so a figure that moves in the artifact moves here and a figure that is not in the artifact cannot appear here at all.

All 21 measurements · The glass box · The research library