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Trial evidence / Equity Narrative Change

Earnings Narrative Change

Hypothesis key e2b76a7604131f00 Complete

First measurement, annualised Sharpe-0.01over 2,514 observations. One historical measurement, not a return and not a forecast.

Where this sits among every trial ever recorded

-2.1527Sharpe ratio1.8129

this trial median zero

This trial ranks 104 of 224 measured identities, at the 46.4th percentile. The median trial recorded here scores 0.0247, and 53.1% score above zero at all.

By , Canli Capital

Immutable first measurement

Hypothesis key
e2b76a7604131f00
Configuration hash
41ce2b1f40450a6e
Research family
Equity Narrative Change
Packet status
COMPLETE_EVIDENCED_KILL
Observations
2,514
Annualized Sharpe
-0.007436823
Skew
0.05154099
Kurtosis
6.374752

Evidence coverage

  1. Admission Or Kill Decision

    verified
    • Kill Result8e416ba075894a67eb74e262d74f467127a6274ae9e78d59d66b35822068a091
    • Admission Contract V65f628a44ae73ed9c412b225ac9dc56c4e59c1bc0645e2ebde251501e938b9932

  2. Code Environment And Reproduction

    verified
    • Executable Runnerb64c366b95c2f9595de3f6bf292f3958db7d9f2b1b5cab38ebedd94a082e3a05
    • Python Projectddaf8b60999275f6d3fb93b3073f256d75d1383bfc8bab14263dc58645841006
    • Locked Environment5caca664242722a3a3112663d7a19b7b5000583e30ade3753e1b8ffdecfd6f06

  3. Economic Mechanism And Falsifiable Hypothesis

    verified

  4. Execution And Cost Model

    verified
    • Executable Runnerb64c366b95c2f9595de3f6bf292f3958db7d9f2b1b5cab38ebedd94a082e3a05
    • Result With Cost Stress8e416ba075894a67eb74e262d74f467127a6274ae9e78d59d66b35822068a091

  5. Family And Union Trial Accounting

    verified

  6. Identity And Authorship

    verified

  7. Literature And Overlap Decision

    verified

  8. Machine Readable Packet And Stable Public Paper

    verified

  9. Point In Time Data And Survivorship Controls

    verified

  10. Preregistration And Hashes

    verified
    • Preregistration60486da41f1e2c88e62b6e56d436d780f645420ffaeb13364540d0c4040cc3b9
    • Return Identity Reservation1cca246e42c70803830ce69e9efda1ee6978b92ba88b6adee7830d479eabae79

  11. Result Uncertainty Stress Capacity And Diversification

    verified
    • Full Result8e416ba075894a67eb74e262d74f467127a6274ae9e78d59d66b35822068a091
    • Bootstrap Diversification Reportdb1ae528574297b72916720ce8f048231800a6ad4834bfc8b05a4ed65f058c8e
    • Complete Oos Curve3e0a378f00d395f777100ed34e656a110d52d52b7bef59d627f4a00817865832
    • Portfolio Weights1bea937404539d7a46634b9adc8247144ddf6f370f48c25f357ac6a9a502b687

Completion assessment

Every required packet section is verified.

Frozen configuration

Cohort
acceptance_month_second_next_open
Controls
filing_reaction_momentum_sic2
Costs
{"borrow_annual":0.03,"spy_oneway":0.0001,"stock_oneway":0.0015}
Direction
long_stable_short_changed
Hedge
individual_252d_spy_beta_clamped_pm1
Hold Sessions
63
Mechanism
sec_10k_item1a_stability_jaccard5
Oos End
2025-12-31
Oos Start
2016-01-01
Prereg
docs/design/PREREG_EARNINGS_NARRATIVE_CHANGE.md
Probe
earnings_narrative_change
Tails
residual_quintiles

Verify the packet

Read the family paper · Download the machine-readable packet · All trials

Packet content hash sha256:522b8bad5ddb1140760a79bbb767509f245cdd34752cfe888e2c850178557ddb