{
 "_meta": {
  "api_version": "v1",
  "as_of": "2026-08-09T18:13:05Z",
  "disclaimer": "NOT financial advice. Methodology reality-check over user-supplied signals; no order path, no recommendation.",
  "engine_version": "a6b881f5b1d4e019d17e3f4cb4049c9f71e65803",
  "input_digest": "sha256:b83a75b0ebe85d4b8343ea2e7147506d77b30d2a8295fce326276f94b8cdd67d",
  "not_financial_advice": true,
  "operation": "demo",
  "request_digest": "sha256:54da40be803ecd90164bd17d6a268093e24de5feaa51a93051adfd9f0d2138c3",
  "request_id": "5d36cae4123bb943",
  "source_identity_digest": "sha256:6163dd462ed1a86be268139a2fc1d4199054217d4e6dc595d12f44152361c55a",
  "statefulness": "pure",
  "tenant_scope": "public",
  "tenant_scope_version": "public-v1"
 },
 "budget": {
  "break_even_n": null,
  "cumulative_n": null,
  "effective_n_method": null,
  "family_threshold_sharpe_per_obs": null,
  "n_trials_effective": null,
  "note": "Every gauntlet run counts toward this family's search budget; near-duplicate variants collapse into one effective trial, and break_even_n says at which trial count THIS result would die."
 },
 "died_at": "net_edge",
 "died_at_plain": "After realistic trading costs the strategy loses money -- there is no edge left to test, so every deeper question is moot.",
 "disclaimer": "Consolidated research reality-check. NOT financial advice, no order path. Demote-only: the gauntlet can devalue a signal, never bless one.",
 "failure_codes": [
  "no_net_edge"
 ],
 "family_id": "fam_004b8867ffc7a556",
 "schema": "gauntlet.v1",
 "spec_hash": "sha256:421f1b1f4675305d23536c970a06adbfbe93bffc5a20d1d2923a774530567dcc",
 "stages": [
  {
   "detail": "No positive net-of-cost edge -- dies before any deeper test.",
   "evidence": {
    "bars": 199,
    "net_return_total_pct": 0.0,
    "net_sharpe_annualized": null,
    "trades": 0
   },
   "stage": "net_edge",
   "verdict": "fail"
  },
  {
   "detail": "No funding series supplied -- perpetual holding costs unaudited.",
   "evidence": {},
   "stage": "funding_edge",
   "verdict": "skipped"
  },
  {
   "detail": "",
   "evidence": {
    "cumulative_n": null,
    "dsr": null,
    "effective_n_method": null,
    "family_verdict": null,
    "killed_by": null,
    "n_trials_effective": null,
    "variants_in_call": null
   },
   "stage": "family_deflation",
   "verdict": "fail"
  },
  {
   "detail": "Achieved power 0% (underpowered -- a pass here is weak evidence, not an acquittal).",
   "evidence": {
    "achieved_power": 0.0,
    "bars": 199,
    "cohens_d": 0.0,
    "min_btl_obs": 0,
    "n_required_80": null,
    "n_trials_effective": 1,
    "underpowered": true
   },
   "stage": "power_honesty",
   "verdict": "info"
  },
  {
   "detail": "Distribution-free battery on the net return series (seeded stationary bootstrap, sign permutation, exact binomial win rate). Flags: CI_CONTAINS_ZERO, WINRATE_NOT_SIGNIFICANT.",
   "evidence": {
    "advisories": [],
    "binomial": {
     "n": 199,
     "pvalue": 1.0,
     "significant": false,
     "wins": 0
    },
    "bootstrap_ci": {
     "contains_zero": true,
     "hi": 0.0,
     "lo": 0.0,
     "n_resamples": 10000
    },
    "flags": [
     "CI_CONTAINS_ZERO",
     "WINRATE_NOT_SIGNIFICANT"
    ],
    "hac": {
     "contains_zero": true,
     "hi": null,
     "lag": 0,
     "lo": null,
     "method": "newey_west_bartlett",
     "se_hac": null,
     "se_naive": null,
     "t_hac": null,
     "variance_ratio": null
    },
    "normality": {
     "excess_kurtosis": 0.0,
     "normal_plausible": false,
     "skew": 0.0
    },
    "permutation": {
     "n_permutations": 10000,
     "pvalue": 1.0
    },
    "studentized_ci": {
     "contains_zero": true,
     "hi": null,
     "lo": null,
     "method": "bootstrap_t_stationary",
     "n_resamples": 0
    }
   },
   "stage": "significance",
   "verdict": "info"
  },
  {
   "detail": "Not enough bars for combinatorial partitions -- stability unproven, not certified.",
   "evidence": {
    "reason": "no_evaluable_combinations_after_purge"
   },
   "stage": "cpcv",
   "verdict": "skipped"
  },
  {
   "detail": "Not enough bars for walk-forward folds.",
   "evidence": {
    "reason": "no_evaluable_folds"
   },
   "stage": "walk_forward",
   "verdict": "skipped"
  },
  {
   "detail": "No positive net edge to concentrate -- net_edge handles this book.",
   "evidence": {
    "n_top_bars": null,
    "rest_net_return_total_pct": null,
    "top_1pct_share": null,
    "warn_share_threshold": 0.9
   },
   "stage": "concentration",
   "verdict": "info"
  },
  {
   "detail": "Placebo not computed.",
   "evidence": {
    "basis": "per_trade_gross",
    "chronology_percentile": 50.0,
    "n_placebos_effective": null,
    "percentile": null,
    "real_trade_sharpe_annualized": null,
    "sign_shuffle_percentile": 50.0
   },
   "stage": "placebo",
   "verdict": "skipped"
  },
  {
   "detail": "No ADV supplied.",
   "evidence": {},
   "stage": "capacity",
   "verdict": "skipped"
  },
  {
   "detail": "Family not yet in the graveyard.",
   "evidence": {
    "family_published": false,
    "prior_kill_rate": null,
    "top_kill_reasons": null
   },
   "stage": "graveyard_prior",
   "verdict": "info"
  }
 ],
 "verdict": "fail"
}