{
  "schema_id": "strategy-research/v1",
  "schema_version": 2.0,
  "id": "eey-with-momentum",
  "name": "Excess Earnings Yield Dynamic with Momentum",
  "source": "as",
  "source_label": "AS",
  "strategy_type": "tactical",
  "category": "unknown",
  "holding_type": "multi",
  "verify_status": "pass",
  "replication_corr": 0.9921268521562415,
  "n_months": 281.0,
  "start": "2003-03",
  "end": "2026-07",
  "performance": {
    "status": "ok",
    "engine": "local_monthly",
    "observations": 281.0,
    "start": "2003-03-31",
    "end": "2026-07-31",
    "total_return": 7.923653568075885,
    "cagr": 0.09797530137048582,
    "sharpe": 1.0872847435867836,
    "sortino": 1.546310794964557,
    "volatility": 0.0900074456574257,
    "max_drawdown": -0.19118319999618594
  },
  "diversification": {
    "corr_spy": 0.8245367315426478,
    "corr_catalog": 0.8513030926408973,
    "mix_weight": 0.1,
    "mix_sharpe": 1.3205500687428526,
    "catalog_ex_sharpe": 1.327795759382468,
    "mix_sharpe_delta": -0.007245690639615443
  },
  "edge": {
    "status": "ok",
    "n": 281.0,
    "mean_monthly": 0.008155310206044623,
    "t_vs_zero": 5.261454646228855,
    "p_vs_zero": 2.8456743118188684e-07,
    "significant_vs_zero": true,
    "wilcoxon_vs_zero_p": 2.3564009958531456e-09,
    "wilcoxon_vs_zero_stat": 27796.0,
    "n_vs_spy": 281.0,
    "mean_excess_vs_spy": -0.0019939762352130775,
    "t_vs_spy": -1.3267572306981001,
    "p_vs_spy": 0.1856700005504384,
    "significant_vs_spy": false,
    "wilcoxon_vs_spy_p": 0.9984874508265482
  },
  "bootstrap_short": {
    "status": "ok",
    "horizon_months": 6.0,
    "n_paths": 400.0,
    "n_starts": 275.0,
    "p_beat_spy": 0.26,
    "median_excess": -0.009555514774817864,
    "p10_terminal": 0.9584922119219165,
    "p50_terminal": 1.0493577541089016,
    "p90_terminal": 1.1230582521590966,
    "labels": [
      "1",
      "2",
      "3",
      "4",
      "5",
      "6"
    ],
    "strategy_bands": {
      "p10": [
        0.9797006695346676,
        0.9740227581808281,
        0.9649797941405984,
        0.9652268700701063,
        0.9690427716507791,
        0.9584922119219165
      ],
      "p25": [
        0.9986373033952066,
        1.0026483809676,
        1.0031377231350298,
        1.0047456161714492,
        1.0067055689317652,
        1.0120238438547995
      ],
      "p50": [
        1.0117136154300932,
        1.0189717576208286,
        1.0270612268272437,
        1.033929391863083,
        1.0416867475061051,
        1.0493577541089016
      ],
      "p75": [
        1.0233498080976668,
        1.0381807172899278,
        1.052292053274183,
        1.0633128911926566,
        1.0749930752710017,
        1.0874943873301506
      ],
      "p90": [
        1.0368326806660082,
        1.0548194183124648,
        1.0761773310234881,
        1.0998968367422732,
        1.1072204244693313,
        1.1230582521590966
      ]
    },
    "spy_bands": {
      "p10": [
        0.9550198653929757,
        0.9458207430822316,
        0.9504855279464411,
        0.9469626604529519,
        0.9397374802502761,
        0.9471098226105883
      ],
      "p25": [
        0.9910583265476957,
        0.9951277705600596,
        1.0030696775107708,
        1.0050070304158754,
        1.0158359170690985,
        1.0220157388113027
      ],
      "p50": [
        1.0162151447333032,
        1.029473551223641,
        1.0391918294287468,
        1.0454591132933604,
        1.0573476172265956,
        1.0631538049852032
      ],
      "p75": [
        1.0348727429257818,
        1.0541891426379495,
        1.0722362537323658,
        1.0827021877610203,
        1.0996937248322507,
        1.112108731564906
      ],
      "p90": [
        1.056204417082795,
        1.0759791039145636,
        1.103983949251532,
        1.1191245198001836,
        1.134392462627833,
        1.1631469025283776
      ]
    },
    "cdf": {
      "x": [
        -0.15491407504252708,
        -0.10166377792383083,
        -0.07467713342514792,
        -0.06261928754529272,
        -0.05931488133710272,
        -0.05652534434449452,
        -0.04839798478217179,
        -0.042158750482369056,
        -0.039717247320375605,
        -0.03621308770121131,
        -0.033612284403684245,
        -0.03048762158488925,
        -0.02537296231573021,
        -0.023085086854469274,
        -0.020809967765559424,
        -0.018193284441044094,
        -0.016787920971771397,
        -0.014737911753853293,
        -0.012591153065886873,
        -0.011507610784006039,
        -0.009555514774817864,
        -0.008775333466849411,
        -0.007946262398775827,
        -0.0071184983731598095,
        -0.00604002832868078,
        -0.004748258993844734,
        -0.0043609682411503954,
        -0.0029912802159317332,
        -0.0018673390585237648,
        -8.881784197001252e-16,
        8.881784197001252e-16,
        0.00021480879090998977,
        0.005606213085699461,
        0.009758942857029437,
        0.013591776404126454,
        0.017780565415048452,
        0.02560040135302033,
        0.03722244884609782,
        0.07953919915242103,
        0.21226593561856244,
        0.31446064543775076
      ],
      "y": [
        0.0,
        0.025,
        0.05,
        0.07500000000000001,
        0.1,
        0.125,
        0.15000000000000002,
        0.17500000000000002,
        0.2,
        0.225,
        0.25,
        0.275,
        0.30000000000000004,
        0.325,
        0.35000000000000003,
        0.375,
        0.4,
        0.42500000000000004,
        0.45,
        0.47500000000000003,
        0.5,
        0.525,
        0.55,
        0.5750000000000001,
        0.6000000000000001,
        0.625,
        0.65,
        0.675,
        0.7000000000000001,
        0.7250000000000001,
        0.75,
        0.775,
        0.8,
        0.8250000000000001,
        0.8500000000000001,
        0.875,
        0.9,
        0.925,
        0.9500000000000001,
        0.9750000000000001,
        1.0
      ]
    }
  },
  "bootstrap_long": {
    "status": "ok",
    "horizon_months": 24.0,
    "n_paths": 400.0,
    "n_starts": 257.0,
    "p_beat_spy": 0.1575,
    "median_excess": -0.06291446176877868,
    "p10_terminal": 1.0454945352766833,
    "p50_terminal": 1.198224190926974,
    "p90_terminal": 1.4167470189503812,
    "labels": [
      "1",
      "2",
      "3",
      "4",
      "5",
      "6",
      "7",
      "8",
      "9",
      "10",
      "11",
      "12",
      "13",
      "14",
      "15",
      "16",
      "17",
      "18",
      "19",
      "20",
      "21",
      "22",
      "23",
      "24"
    ],
    "strategy_bands": {
      "p10": [
        0.9713650235318416,
        0.9743045500149964,
        0.9764957879817119,
        0.962944446634223,
        0.9611601764842694,
        0.9433148466719934,
        0.9533254796029796,
        0.9607434083946752,
        0.9614774530376657,
        0.9633565561759533,
        0.9705501993846,
        0.9842883019085643,
        0.9770475826597688,
        0.992709565376205,
        1.0077959574756559,
        0.9951548877388523,
        0.9815439805473899,
        0.9838738211664633,
        1.0149503979506271,
        1.0192600480318987,
        1.0297231168257828,
        1.0487510190293927,
        1.0453797187879783,
        1.0454945352766833
      ],
      "p25": [
        0.9940751142232105,
        1.0030984606673763,
        1.0044186476970651,
        1.0105265889521335,
        1.0062190450964206,
        1.01395321129988,
        1.0146372440211275,
        1.0163098553309475,
        1.0248155459099095,
        1.028061556155733,
        1.0275608495446231,
        1.03135571106724,
        1.0372059123368036,
        1.0399239939494285,
        1.0431693921862557,
        1.0536573700063725,
        1.0606859556714925,
        1.0623612675840897,
        1.0727175780491671,
        1.0760870932374194,
        1.0770381027535485,
        1.0880659656566105,
        1.1030314547317321,
        1.1125105768605892
      ],
      "p50": [
        1.01187156367227,
        1.019586754183398,
        1.0249607525773028,
        1.0368457283892476,
        1.0415050334582658,
        1.0543782571510822,
        1.0573214023174402,
        1.0598348144047895,
        1.0687342394461825,
        1.0799855888763468,
        1.0889018516906583,
        1.0940122059049517,
        1.0994536651485194,
        1.114986576855193,
        1.1251319187622193,
        1.1376847122223757,
        1.1444276958055968,
        1.1474294934324616,
        1.1544558601392363,
        1.1729513582200246,
        1.1811916565124942,
        1.1790213932060039,
        1.1832125788961272,
        1.198224190926974
      ],
      "p75": [
        1.0263923642521842,
        1.04219058498182,
        1.0533638063366015,
        1.0669814134085542,
        1.0746559286053616,
        1.0864378077911316,
        1.1024014719022621,
        1.1037124895519481,
        1.1097690168948389,
        1.1285370822211707,
        1.1344089086961158,
        1.1459566439482234,
        1.1569302216042539,
        1.1706933212710333,
        1.1849138880735952,
        1.1987444803226435,
        1.213467391931649,
        1.2238044925601987,
        1.239333789016712,
        1.2473539195543761,
        1.2582458886919743,
        1.2642721980714313,
        1.2773618527761845,
        1.2959893079051357
      ],
      "p90": [
        1.0417962492287276,
        1.0560935695138312,
        1.0749333514655517,
        1.1002601944160242,
        1.1230092509271716,
        1.139729453248655,
        1.152181136648134,
        1.1571221413834367,
        1.1789256872799045,
        1.1916283685240716,
        1.2054176945564377,
        1.2063377423836004,
        1.2175109686177217,
        1.2485584636014149,
        1.264178583882109,
        1.2790197619793902,
        1.2953378090361174,
        1.3206503903859175,
        1.3222162419109817,
        1.3379959357414362,
        1.3561408994902084,
        1.398421917847372,
        1.4079101675134815,
        1.4167470189503812
      ]
    },
    "spy_bands": {
      "p10": [
        0.9586177161815728,
        0.9392003394646548,
        0.9536867268882119,
        0.9467495808306982,
        0.9397374802502761,
        0.9264705129359715,
        0.9293712591915979,
        0.9285134621329746,
        0.9224069942333273,
        0.9370300761511672,
        0.9309751125147326,
        0.9222651795684671,
        0.9139888060345643,
        0.961147572734385,
        0.9229973735657342,
        0.9326798045682324,
        0.939426879450927,
        0.9555971896443751,
        0.9463367981299875,
        0.9765606228664316,
        0.9735055232274482,
        1.0035674823346938,
        1.0009581665211866,
        1.0249529935957116
      ],
      "p25": [
        0.9907461097638763,
        0.9939738407814038,
        1.0038578115783388,
        1.0003787555913508,
        1.0038776447573463,
        1.016139204432052,
        1.0174285669740994,
        1.022240328228001,
        1.0402521119780204,
        1.0269710235834313,
        1.050292746673801,
        1.0482827617624857,
        1.0606734489541412,
        1.0770939351069415,
        1.074812325290819,
        1.0754759648196577,
        1.081110767126888,
        1.081173307913147,
        1.089333997806161,
        1.1061812313011967,
        1.1116937981185782,
        1.1230616918152478,
        1.1400722215834187,
        1.1680760449889007
      ],
      "p50": [
        1.0182640548940074,
        1.0286123699597398,
        1.0369716973060152,
        1.047632707501963,
        1.0550554094540554,
        1.0610230576916393,
        1.0791254424092473,
        1.0829047042079543,
        1.0918229495372744,
        1.1078402028588585,
        1.1172342571397031,
        1.1301647069199332,
        1.139512556015142,
        1.143166613742635,
        1.1603665090131783,
        1.1805220798676896,
        1.190665230536013,
        1.198192437147862,
        1.1971107357332371,
        1.2042660092731334,
        1.228408087475729,
        1.234362567374514,
        1.2332784750007422,
        1.2506272249542647
      ],
      "p75": [
        1.0382022362762817,
        1.0578951180376595,
        1.0757332645314963,
        1.0896437253219335,
        1.1004394023516575,
        1.1152065670907538,
        1.128712007568684,
        1.1418395105127865,
        1.1576033681123814,
        1.1621459357039252,
        1.1853850895360698,
        1.1922931346383954,
        1.2075771397822894,
        1.2222063500211515,
        1.2492040543092748,
        1.263332526268968,
        1.292747887181654,
        1.3167619572408373,
        1.328925909086836,
        1.361396855255662,
        1.3637020844454915,
        1.3703996054563794,
        1.3917122164304228,
        1.3994515714625704
      ],
      "p90": [
        1.0672658072010008,
        1.0869327390501864,
        1.1109688589677615,
        1.1339426392441108,
        1.1605250634695452,
        1.1632437761805425,
        1.1912654007214625,
        1.1933632321844336,
        1.2220608496558207,
        1.260168908479571,
        1.2674948983357204,
        1.296183738843053,
        1.2818532135419443,
        1.3104453008842394,
        1.3465961684202992,
        1.354171521624252,
        1.3688777169288961,
        1.3843941328814053,
        1.4167413634876085,
        1.4462582158960746,
        1.4663978680431544,
        1.492765859788678,
        1.502282113191662,
        1.5187647403837425
      ]
    },
    "cdf": {
      "x": [
        -0.37701104142126596,
        -0.3286246076642468,
        -0.2771896139168925,
        -0.26071824522844556,
        -0.24302814201306755,
        -0.20500441131706948,
        -0.18720518305562206,
        -0.15905544214898404,
        -0.13837402870022508,
        -0.12596817029302976,
        -0.11783973106861079,
        -0.10863862810337488,
        -0.10411551413539508,
        -0.09952188668056938,
        -0.09426824780270678,
        -0.08942125048167604,
        -0.08420900577270651,
        -0.08034234417183805,
        -0.07219285184267518,
        -0.06660017225894771,
        -0.06291446176877868,
        -0.0567288552425343,
        -0.0512697531409112,
        -0.04204967359729039,
        -0.03894277445879191,
        -0.03130532582930523,
        -0.029675882613559725,
        -0.026231339879406155,
        -0.024386462830617916,
        -0.023570756701674644,
        -0.020260970957250546,
        -0.017061935120761373,
        -0.015553780622145397,
        -0.0035098078276287747,
        0.00028888482199440624,
        0.005530728560173448,
        0.10351366403615136,
        0.19314860430275663,
        0.38850985066618404,
        0.4811016500982902,
        0.5038128699233949
      ],
      "y": [
        0.0,
        0.025,
        0.05,
        0.07500000000000001,
        0.1,
        0.125,
        0.15000000000000002,
        0.17500000000000002,
        0.2,
        0.225,
        0.25,
        0.275,
        0.30000000000000004,
        0.325,
        0.35000000000000003,
        0.375,
        0.4,
        0.42500000000000004,
        0.45,
        0.47500000000000003,
        0.5,
        0.525,
        0.55,
        0.5750000000000001,
        0.6000000000000001,
        0.625,
        0.65,
        0.675,
        0.7000000000000001,
        0.7250000000000001,
        0.75,
        0.775,
        0.8,
        0.8250000000000001,
        0.8500000000000001,
        0.875,
        0.9,
        0.925,
        0.9500000000000001,
        0.9750000000000001,
        1.0
      ]
    }
  },
  "alpha_decay": {
    "status": "ok",
    "window_months": 12.0,
    "n_windows": 269.0,
    "frac_positive_significant": 0.10408921933085502,
    "frac_negative_significant": 0.5613382899628253,
    "last_slope": -0.00988240407956103,
    "last_pvalue": 0.0016360432565820805,
    "end_relative_wealth": 0.6679418320053958,
    "charts": {
      "relative_wealth": {
        "labels": [
          "2003-03",
          "2003-04",
          "2003-05",
          "2003-06",
          "2003-07",
          "2003-08",
          "2003-09",
          "2003-10",
          "2003-11",
          "2003-12",
          "2004-01",
          "2004-02",
          "2004-03",
          "2004-04",
          "2004-05",
          "2004-06",
          "2004-07",
          "2004-08",
          "2004-09",
          "2004-10",
          "2004-11",
          "2004-12",
          "2005-01",
          "2005-02",
          "2005-03",
          "2005-04",
          "2005-05",
          "2005-06",
          "2005-07",
          "2005-08",
          "2005-09",
          "2005-10",
          "2005-11",
          "2005-12",
          "2006-01",
          "2006-02",
          "2006-03",
          "2006-04",
          "2006-05",
          "2006-06",
          "2006-07",
          "2006-08",
          "2006-09",
          "2006-10",
          "2006-11",
          "2006-12",
          "2007-01",
          "2007-02",
          "2007-03",
          "2007-04",
          "2007-05",
          "2007-06",
          "2007-07",
          "2007-08",
          "2007-09",
          "2007-10",
          "2007-11",
          "2007-12",
          "2008-01",
          "2008-02",
          "2008-03",
          "2008-04",
          "2008-05",
          "2008-06",
          "2008-07",
          "2008-08",
          "2008-09",
          "2008-10",
          "2008-11",
          "2008-12",
          "2009-01",
          "2009-02",
          "2009-03",
          "2009-04",
          "2009-05",
          "2009-06",
          "2009-07",
          "2009-08",
          "2009-09",
          "2009-10",
          "2009-11",
          "2009-12",
          "2010-01",
          "2010-02",
          "2010-03",
          "2010-04",
          "2010-05",
          "2010-06",
          "2010-07",
          "2010-08",
          "2010-09",
          "2010-10",
          "2010-11",
          "2010-12",
          "2011-01",
          "2011-02",
          "2011-03",
          "2011-04",
          "2011-05",
          "2011-06",
          "2011-07",
          "2011-08",
          "2011-09",
          "2011-10",
          "2011-11",
          "2011-12",
          "2012-01",
          "2012-02",
          "2012-03",
          "2012-04",
          "2012-05",
          "2012-06",
          "2012-07",
          "2012-08",
          "2012-09",
          "2012-10",
          "2012-11",
          "2012-12",
          "2013-01",
          "2013-02",
          "2013-03",
          "2013-04",
          "2013-05",
          "2013-06",
          "2013-07",
          "2013-08",
          "2013-09",
          "2013-10",
          "2013-11",
          "2013-12",
          "2014-01",
          "2014-02",
          "2014-03",
          "2014-04",
          "2014-05",
          "2014-06",
          "2014-07",
          "2014-08",
          "2014-09",
          "2014-10",
          "2014-11",
          "2014-12",
          "2015-01",
          "2015-02",
          "2015-03",
          "2015-04",
          "2015-05",
          "2015-06",
          "2015-07",
          "2015-08",
          "2015-09",
          "2015-10",
          "2015-11",
          "2015-12",
          "2016-01",
          "2016-02",
          "2016-03",
          "2016-04",
          "2016-05",
          "2016-06",
          "2016-07",
          "2016-08",
          "2016-09",
          "2016-10",
          "2016-11",
          "2016-12",
          "2017-01",
          "2017-02",
          "2017-03",
          "2017-04",
          "2017-05",
          "2017-06",
          "2017-07",
          "2017-08",
          "2017-09",
          "2017-10",
          "2017-11",
          "2017-12",
          "2018-01",
          "2018-02",
          "2018-03",
          "2018-04",
          "2018-05",
          "2018-06",
          "2018-07",
          "2018-08",
          "2018-09",
          "2018-10",
          "2018-11",
          "2018-12",
          "2019-01",
          "2019-02",
          "2019-03",
          "2019-04",
          "2019-05",
          "2019-06",
          "2019-07",
          "2019-08",
          "2019-09",
          "2019-10",
          "2019-11",
          "2019-12",
          "2020-01",
          "2020-02",
          "2020-03",
          "2020-04",
          "2020-05",
          "2020-06",
          "2020-07",
          "2020-08",
          "2020-09",
          "2020-10",
          "2020-11",
          "2020-12",
          "2021-01",
          "2021-02",
          "2021-03",
          "2021-04",
          "2021-05",
          "2021-06",
          "2021-07",
          "2021-08",
          "2021-09",
          "2021-10",
          "2021-11",
          "2021-12",
          "2022-01",
          "2022-02",
          "2022-03",
          "2022-04",
          "2022-05",
          "2022-06",
          "2022-07",
          "2022-08",
          "2022-09",
          "2022-10",
          "2022-11",
          "2022-12",
          "2023-01",
          "2023-02",
          "2023-03",
          "2023-04",
          "2023-05",
          "2023-06",
          "2023-07",
          "2023-08",
          "2023-09",
          "2023-10",
          "2023-11",
          "2023-12",
          "2024-01",
          "2024-02",
          "2024-03",
          "2024-04",
          "2024-05",
          "2024-06",
          "2024-07",
          "2024-08",
          "2024-09",
          "2024-10",
          "2024-11",
          "2024-12",
          "2025-01",
          "2025-02",
          "2025-03",
          "2025-04",
          "2025-05",
          "2025-06",
          "2025-07",
          "2025-08",
          "2025-09",
          "2025-10",
          "2025-11",
          "2025-12",
          "2026-01",
          "2026-02",
          "2026-03",
          "2026-04",
          "2026-05",
          "2026-06",
          "2026-07"
        ],
        "values": [
          0.9838181513530653,
          0.9081947078863467,
          0.9017715721759008,
          0.8962565595885307,
          0.8807969637652091,
          0.8801440690171467,
          0.8928209933561563,
          0.8769313480619161,
          0.8737270469731826,
          0.861352268283783,
          0.8589943712895579,
          0.8614853927980844,
          0.8701328319227508,
          0.8613355796902522,
          0.8625040579833294,
          0.8554371301140788,
          0.87118407408369,
          0.8919636566202621,
          0.8838282164604099,
          0.8821381327077354,
          0.8427439750635768,
          0.8384390511691145,
          0.8451867486433641,
          0.8377379618666669,
          0.8439193727550134,
          0.856577934731598,
          0.8358841937073416,
          0.8365846776546875,
          0.8178604158217325,
          0.8293115485362511,
          0.8265308794576145,
          0.8300384256282715,
          0.7959965719959001,
          0.7997465487271497,
          0.7922104729570788,
          0.7904937724882419,
          0.7785196116993582,
          0.7730807669503021,
          0.7856929863207696,
          0.7865887079055606,
          0.7949130634433635,
          0.790873002694438,
          0.781451979344529,
          0.7711581301017051,
          0.768249844596847,
          0.7570798711981939,
          0.7526910831605954,
          0.7667241800501184,
          0.7641541699014375,
          0.7512155764693946,
          0.7351957211061866,
          0.7400801154542109,
          0.7613858578942896,
          0.7602238086593235,
          0.7515652449146519,
          0.7511298760106488,
          0.7800769688306675,
          0.7890105833185771,
          0.8696392588565297,
          0.9031663055397091,
          0.9096909916633186,
          0.8623162444473593,
          0.8510381829430513,
          0.9411946003668418,
          0.9438178639348264,
          0.9377522778039792,
          0.9881987112365272,
          1.0857385887591273,
          1.1771624415314232,
          1.241556392136457,
          1.3393604209267287,
          1.4443905142474358,
          1.4178248595981784,
          1.3371563340383914,
          1.3103080790970034,
          1.3129498821522836,
          1.2743439024618102,
          1.2738109873698835,
          1.2738109873698844,
          1.2738109873698835,
          1.2738109873698833,
          1.273810987369883,
          1.2805211531131502,
          1.2765351650863894,
          1.268988522878947,
          1.2712914858357174,
          1.286110106679595,
          1.298161547924366,
          1.23270184085341,
          1.2429106324653232,
          1.1747163697648004,
          1.1735266592262708,
          1.173496848063715,
          1.1712925033734127,
          1.168917271608952,
          1.1658209027871949,
          1.1672594611492013,
          1.1663443537997367,
          1.1682836162285155,
          1.172103021715522,
          1.1814298127822773,
          1.1881800607191684,
          1.24661497285032,
          1.1836825823445574,
          1.1918292597581734,
          1.185926722838249,
          1.172176543398014,
          1.1715787994709899,
          1.1715787994709905,
          1.1715787994709903,
          1.1715787994709896,
          1.1715787994709894,
          1.1715787994709894,
          1.171578799470989,
          1.171578799470989,
          1.1715787994709899,
          1.1715787994709896,
          1.17157879947099,
          1.1715787994709899,
          1.1715787994709903,
          1.1715787994709908,
          1.1715787994709912,
          1.1715787994709912,
          1.1715787994709916,
          1.1674184812275494,
          1.1683037958307827,
          1.166563605262921,
          1.162335817653423,
          1.1586725272494822,
          1.1535419580652873,
          1.163914403217736,
          1.158608451889336,
          1.1569716566748336,
          1.1582248837843228,
          1.157743262403793,
          1.1555818314054476,
          1.157333409765613,
          1.1529381382586268,
          1.1514406442481724,
          1.148821648607746,
          1.1443148939717214,
          1.143168199548772,
          1.1556272007772994,
          1.1477809590315555,
          1.14940885940531,
          1.148969183883898,
          1.1455530255298516,
          1.1476018312096945,
          1.1440644831461502,
          1.155953185907705,
          1.175347024233101,
          1.1015269634729308,
          1.0997991343358406,
          1.1017234281118868,
          1.1611195388781343,
          1.1729292256589583,
          1.1323041599688746,
          1.1314445396479407,
          1.1284632588816932,
          1.1317187501290564,
          1.1284696666940872,
          1.128051171924258,
          1.1289230011404183,
          1.1302207843777925,
          1.1231236011165584,
          1.1194354020312305,
          1.1175617779765248,
          1.1108313423973657,
          1.1106566351373042,
          1.1094531134798304,
          1.106412387916483,
          1.1031284192803004,
          1.0987669005697545,
          1.1007705507354382,
          1.0943978769074154,
          1.0887210661318913,
          1.080850248074718,
          1.0801090968945317,
          1.0633536775592185,
          1.0717452054937333,
          1.0842098569224534,
          1.082270686261793,
          1.0749996861390487,
          1.0753489986727722,
          1.0611512627529112,
          1.0523373246734742,
          1.0469848601264644,
          1.0680755272573774,
          1.0531158952579813,
          1.158878490294394,
          1.0891732303149213,
          1.0547115956176436,
          1.0548082465810815,
          1.0456942686645898,
          1.0663352691834114,
          1.0144798141459181,
          1.0113135083839115,
          1.0202760809543865,
          1.0152914845752739,
          1.0111951727378963,
          1.0050584513954872,
          1.0003026080778274,
          1.0044543192998052,
          1.0179150221669029,
          1.1161542524432777,
          1.042618945227489,
          1.0127614929039328,
          1.0116580349078077,
          1.0115521261209854,
          1.0115521261209857,
          1.0115521261209854,
          1.0117691833420317,
          1.009050904353181,
          1.0087116985370406,
          1.009079839321411,
          1.0075935921236283,
          1.0037797409088238,
          0.9986527222434232,
          0.9991258112902819,
          0.9975795534350368,
          0.9978875177243772,
          0.9956404631379875,
          0.9993450051098239,
          0.9914885022824945,
          0.9935974476123142,
          0.989370060619906,
          0.9934832772612857,
          1.0006944098523296,
          0.9583727127937862,
          1.015493571295811,
          1.0045435260355766,
          1.0572979890637355,
          1.011824189481005,
          1.024658678281847,
          1.0519119892298157,
          0.9866244181756737,
          0.951796319534971,
          0.995968653739763,
          0.9564810345976339,
          0.9673965997282271,
          0.9595810453916214,
          0.9543447535929037,
          0.9491479742366433,
          0.9261956993705108,
          0.9149655501346738,
          0.9179973906148177,
          0.9295327168863329,
          0.9368083269953664,
          0.8818165938857899,
          0.8723471549014973,
          0.8676558983604492,
          0.8446455600806453,
          0.8345539745025613,
          0.8446355780675386,
          0.829957976111893,
          0.8180606318928704,
          0.8204969119205441,
          0.8144055827719808,
          0.8120985821838747,
          0.8083119217594626,
          0.7852417188795621,
          0.7883859958037606,
          0.782347129767511,
          0.798406977827323,
          0.8272355694258994,
          0.8351419923807655,
          0.7807958776170794,
          0.7616758084372528,
          0.7522593403504186,
          0.7505739856472213,
          0.7384833884401945,
          0.7305551414871949,
          0.7307953208812268,
          0.7280829403276088,
          0.7240572566474079,
          0.7332568848344151,
          0.74870694897495,
          0.6845941054269216,
          0.664358658761368,
          0.6668865159248695,
          0.6679418320053958
        ]
      },
      "log_relative_wealth": {
        "labels": [
          "2003-03",
          "2003-04",
          "2003-05",
          "2003-06",
          "2003-07",
          "2003-08",
          "2003-09",
          "2003-10",
          "2003-11",
          "2003-12",
          "2004-01",
          "2004-02",
          "2004-03",
          "2004-04",
          "2004-05",
          "2004-06",
          "2004-07",
          "2004-08",
          "2004-09",
          "2004-10",
          "2004-11",
          "2004-12",
          "2005-01",
          "2005-02",
          "2005-03",
          "2005-04",
          "2005-05",
          "2005-06",
          "2005-07",
          "2005-08",
          "2005-09",
          "2005-10",
          "2005-11",
          "2005-12",
          "2006-01",
          "2006-02",
          "2006-03",
          "2006-04",
          "2006-05",
          "2006-06",
          "2006-07",
          "2006-08",
          "2006-09",
          "2006-10",
          "2006-11",
          "2006-12",
          "2007-01",
          "2007-02",
          "2007-03",
          "2007-04",
          "2007-05",
          "2007-06",
          "2007-07",
          "2007-08",
          "2007-09",
          "2007-10",
          "2007-11",
          "2007-12",
          "2008-01",
          "2008-02",
          "2008-03",
          "2008-04",
          "2008-05",
          "2008-06",
          "2008-07",
          "2008-08",
          "2008-09",
          "2008-10",
          "2008-11",
          "2008-12",
          "2009-01",
          "2009-02",
          "2009-03",
          "2009-04",
          "2009-05",
          "2009-06",
          "2009-07",
          "2009-08",
          "2009-09",
          "2009-10",
          "2009-11",
          "2009-12",
          "2010-01",
          "2010-02",
          "2010-03",
          "2010-04",
          "2010-05",
          "2010-06",
          "2010-07",
          "2010-08",
          "2010-09",
          "2010-10",
          "2010-11",
          "2010-12",
          "2011-01",
          "2011-02",
          "2011-03",
          "2011-04",
          "2011-05",
          "2011-06",
          "2011-07",
          "2011-08",
          "2011-09",
          "2011-10",
          "2011-11",
          "2011-12",
          "2012-01",
          "2012-02",
          "2012-03",
          "2012-04",
          "2012-05",
          "2012-06",
          "2012-07",
          "2012-08",
          "2012-09",
          "2012-10",
          "2012-11",
          "2012-12",
          "2013-01",
          "2013-02",
          "2013-03",
          "2013-04",
          "2013-05",
          "2013-06",
          "2013-07",
          "2013-08",
          "2013-09",
          "2013-10",
          "2013-11",
          "2013-12",
          "2014-01",
          "2014-02",
          "2014-03",
          "2014-04",
          "2014-05",
          "2014-06",
          "2014-07",
          "2014-08",
          "2014-09",
          "2014-10",
          "2014-11",
          "2014-12",
          "2015-01",
          "2015-02",
          "2015-03",
          "2015-04",
          "2015-05",
          "2015-06",
          "2015-07",
          "2015-08",
          "2015-09",
          "2015-10",
          "2015-11",
          "2015-12",
          "2016-01",
          "2016-02",
          "2016-03",
          "2016-04",
          "2016-05",
          "2016-06",
          "2016-07",
          "2016-08",
          "2016-09",
          "2016-10",
          "2016-11",
          "2016-12",
          "2017-01",
          "2017-02",
          "2017-03",
          "2017-04",
          "2017-05",
          "2017-06",
          "2017-07",
          "2017-08",
          "2017-09",
          "2017-10",
          "2017-11",
          "2017-12",
          "2018-01",
          "2018-02",
          "2018-03",
          "2018-04",
          "2018-05",
          "2018-06",
          "2018-07",
          "2018-08",
          "2018-09",
          "2018-10",
          "2018-11",
          "2018-12",
          "2019-01",
          "2019-02",
          "2019-03",
          "2019-04",
          "2019-05",
          "2019-06",
          "2019-07",
          "2019-08",
          "2019-09",
          "2019-10",
          "2019-11",
          "2019-12",
          "2020-01",
          "2020-02",
          "2020-03",
          "2020-04",
          "2020-05",
          "2020-06",
          "2020-07",
          "2020-08",
          "2020-09",
          "2020-10",
          "2020-11",
          "2020-12",
          "2021-01",
          "2021-02",
          "2021-03",
          "2021-04",
          "2021-05",
          "2021-06",
          "2021-07",
          "2021-08",
          "2021-09",
          "2021-10",
          "2021-11",
          "2021-12",
          "2022-01",
          "2022-02",
          "2022-03",
          "2022-04",
          "2022-05",
          "2022-06",
          "2022-07",
          "2022-08",
          "2022-09",
          "2022-10",
          "2022-11",
          "2022-12",
          "2023-01",
          "2023-02",
          "2023-03",
          "2023-04",
          "2023-05",
          "2023-06",
          "2023-07",
          "2023-08",
          "2023-09",
          "2023-10",
          "2023-11",
          "2023-12",
          "2024-01",
          "2024-02",
          "2024-03",
          "2024-04",
          "2024-05",
          "2024-06",
          "2024-07",
          "2024-08",
          "2024-09",
          "2024-10",
          "2024-11",
          "2024-12",
          "2025-01",
          "2025-02",
          "2025-03",
          "2025-04",
          "2025-05",
          "2025-06",
          "2025-07",
          "2025-08",
          "2025-09",
          "2025-10",
          "2025-11",
          "2025-12",
          "2026-01",
          "2026-02",
          "2026-03",
          "2026-04",
          "2026-05",
          "2026-06",
          "2026-07"
        ],
        "values": [
          -0.01631420454403356,
          -0.09629648737077696,
          -0.10339403691639946,
          -0.10952856816785927,
          -0.12692814071265873,
          -0.12766967011747685,
          -0.11336917356774671,
          -0.13132657010513737,
          -0.13498725533775724,
          -0.1492517196877779,
          -0.15199290965083115,
          -0.14909717870278127,
          -0.1391093986169913,
          -0.14927109475163627,
          -0.14791542517948228,
          -0.15614267740460375,
          -0.13790198796701134,
          -0.11432989093143246,
          -0.12349256049912506,
          -0.12540662219056964,
          -0.1710920740319656,
          -0.17621338829265412,
          -0.16819767173114508,
          -0.17704992206907474,
          -0.1696983188605741,
          -0.154809973259888,
          -0.1792651997663236,
          -0.17842753516125961,
          -0.20106359774491656,
          -0.18715938197832344,
          -0.19051800070378763,
          -0.18628328332544083,
          -0.22816039968484111,
          -0.223460415601459,
          -0.23292817378945752,
          -0.23509750030387938,
          -0.2503610963756025,
          -0.25737175079429303,
          -0.24118916550334576,
          -0.24004977466138244,
          -0.2295225244666983,
          -0.2346178769560041,
          -0.24660157778457073,
          -0.2598618290402278,
          -0.26364028025357195,
          -0.2782865209411501,
          -0.284100383483728,
          -0.26562815108999815,
          -0.2689857171083897,
          -0.28606261585391946,
          -0.3076185279981477,
          -0.30099683451674725,
          -0.2726150090251355,
          -0.2741424039759228,
          -0.2855972539773344,
          -0.2861767047389988,
          -0.24836268617881682,
          -0.23697554464120882,
          -0.1396767983150079,
          -0.10184857248946971,
          -0.094650306738802,
          -0.1481332026910847,
          -0.16129828309210648,
          -0.06060535911219254,
          -0.05782207219910276,
          -0.06426946101324854,
          -0.011871476723809738,
          0.08226048236985226,
          0.1631068319509664,
          0.2163657475172381,
          0.2921922022040855,
          0.36768744313806395,
          0.34912390820957834,
          0.29054522025826124,
          0.2702622844469909,
          0.2722764241064535,
          0.2424314598609563,
          0.24201318458120555,
          0.24201318458120624,
          0.24201318458120555,
          0.24201318458120538,
          0.2420131845812052,
          0.24726714593775023,
          0.24414950537040306,
          0.23822014446672335,
          0.24003330174056184,
          0.2516222416523052,
          0.2609490696471869,
          0.20920837892492342,
          0.2174559132949104,
          0.16102673102327394,
          0.1600134537554321,
          0.15998805037752398,
          0.1581078428114606,
          0.15607791147327718,
          0.1534254764627346,
          0.15465866033976636,
          0.15387437348652258,
          0.15553567704297258,
          0.1587995897792703,
          0.16672541070233937,
          0.17242277571737402,
          0.22043185627052236,
          0.168630411283455,
          0.1754893199256422,
          0.17052451353880219,
          0.15886231410926088,
          0.15835224044325077,
          0.15835224044325133,
          0.15835224044325114,
          0.15835224044325058,
          0.15835224044325039,
          0.15835224044325039,
          0.15835224044325,
          0.15835224044325,
          0.15835224044325077,
          0.15835224044325058,
          0.15835224044325097,
          0.15835224044325077,
          0.15835224044325114,
          0.15835224044325152,
          0.1583522404432519,
          0.1583522404432519,
          0.15835224044325227,
          0.15479488476345038,
          0.15555294975630105,
          0.15406233757912902,
          0.1504316163790908,
          0.14727497676264875,
          0.14283717253908568,
          0.15178880985076404,
          0.14721967456948412,
          0.14580595065549898,
          0.14688856045556695,
          0.14647264680125774,
          0.14460396726883962,
          0.14611857417170812,
          0.14231358699293925,
          0.14101389248731347,
          0.1387367636744355,
          0.13480611204964507,
          0.13380353019690963,
          0.14464322756180828,
          0.13783047745499108,
          0.1392477749139912,
          0.13886517856256933,
          0.1358875121323698,
          0.13767440081018376,
          0.13458725775557598,
          0.14492527281054315,
          0.16156344376476864,
          0.09669736582850272,
          0.09512755798073891,
          0.09687570655657173,
          0.1493846594122023,
          0.15950423166941655,
          0.12425463624162161,
          0.12349516999662924,
          0.12085675926356237,
          0.12373749496159861,
          0.12086243760014158,
          0.12049151722797831,
          0.12126408190322177,
          0.12241299804432833,
          0.11611373302708296,
          0.11282445287393558,
          0.11114932828319152,
          0.10510869211056735,
          0.10495140360647597,
          0.10386720335365751,
          0.10112269790414202,
          0.09815016076558787,
          0.09418855153240474,
          0.09601043523683035,
          0.09020432792393775,
          0.08500367352204626,
          0.07774799814007204,
          0.07706205167747675,
          0.061427760446452,
          0.06928835295548672,
          0.08085147922728371,
          0.07906132128229121,
          0.07232036961590789,
          0.0726452588204014,
          0.05935441568411458,
          0.05101371374832609,
          0.04591447154169516,
          0.06585845644335862,
          0.05175328906885541,
          0.14745271873587387,
          0.08541890413288386,
          0.05326736047308875,
          0.05335899361307838,
          0.04468103674728259,
          0.0642277877243924,
          0.014375982743163682,
          0.011249989281563276,
          0.020073258274652377,
          0.015175748187803467,
          0.011132970603468243,
          0.0050457004123019835,
          0.00030256230123774317,
          0.004444428180850704,
          0.017756439365984603,
          0.10988907344294353,
          0.041735764323826016,
          0.012680751250474121,
          0.011590603590617272,
          0.011485909783756255,
          0.011485909783756474,
          0.011485909783756255,
          0.01170046514959336,
          0.009010190399375017,
          0.008673970648994084,
          0.009038865417901701,
          0.007564905932257575,
          0.0037726156369653676,
          -0.001348186151251817,
          -0.0008745710355010431,
          -0.0024233805811258763,
          -0.0021147167136669493,
          -0.004369067351939273,
          -0.0006552094930434466,
          -0.008547927375459763,
          -0.006423136634408404,
          -0.010686840783928129,
          -0.006538049279601869,
          0.0006941688613659759,
          -0.04251852365212569,
          0.015374771438068233,
          0.004533235379959604,
          0.05571658680025105,
          0.011754829963913796,
          0.024359560336428228,
          0.05060945038785744,
          -0.013465840665464999,
          -0.04940421714966038,
          -0.004039494041629661,
          -0.044494318215149715,
          -0.03314673345551248,
          -0.04125850082566656,
          -0.046730295883002156,
          -0.05219056603997427,
          -0.07666972825169555,
          -0.08886886454143904,
          -0.08556073083320528,
          -0.07307327406856107,
          -0.06527657797279866,
          -0.12577118803872803,
          -0.1365678208801298,
          -0.14196007338142724,
          -0.16883819514690368,
          -0.18085785911915428,
          -0.16885001320712034,
          -0.18638021066378577,
          -0.20081882300787504,
          -0.19784513211471805,
          -0.20529677813572433,
          -0.20813353955926012,
          -0.21280725317448554,
          -0.2417636864584514,
          -0.23776746666731852,
          -0.2454567369728119,
          -0.2251368142593933,
          -0.18966577636290663,
          -0.1801535178328646,
          -0.24744152358843252,
          -0.27223426206934825,
          -0.28467414699816174,
          -0.2869170509590647,
          -0.30315667091271425,
          -0.3139505660581405,
          -0.3136218572338312,
          -0.3173403082534285,
          -0.3228848059562389,
          -0.3102591816911054,
          -0.2894076284008973,
          -0.3789291631671731,
          -0.4089331265965221,
          -0.40513538858431714,
          -0.40355418707322005
        ]
      },
      "rolling_slope": {
        "labels": [
          "2004-03",
          "2004-04",
          "2004-05",
          "2004-06",
          "2004-07",
          "2004-08",
          "2004-09",
          "2004-10",
          "2004-11",
          "2004-12",
          "2005-01",
          "2005-02",
          "2005-03",
          "2005-04",
          "2005-05",
          "2005-06",
          "2005-07",
          "2005-08",
          "2005-09",
          "2005-10",
          "2005-11",
          "2005-12",
          "2006-01",
          "2006-02",
          "2006-03",
          "2006-04",
          "2006-05",
          "2006-06",
          "2006-07",
          "2006-08",
          "2006-09",
          "2006-10",
          "2006-11",
          "2006-12",
          "2007-01",
          "2007-02",
          "2007-03",
          "2007-04",
          "2007-05",
          "2007-06",
          "2007-07",
          "2007-08",
          "2007-09",
          "2007-10",
          "2007-11",
          "2007-12",
          "2008-01",
          "2008-02",
          "2008-03",
          "2008-04",
          "2008-05",
          "2008-06",
          "2008-07",
          "2008-08",
          "2008-09",
          "2008-10",
          "2008-11",
          "2008-12",
          "2009-01",
          "2009-02",
          "2009-03",
          "2009-04",
          "2009-05",
          "2009-06",
          "2009-07",
          "2009-08",
          "2009-09",
          "2009-10",
          "2009-11",
          "2009-12",
          "2010-01",
          "2010-02",
          "2010-03",
          "2010-04",
          "2010-05",
          "2010-06",
          "2010-07",
          "2010-08",
          "2010-09",
          "2010-10",
          "2010-11",
          "2010-12",
          "2011-01",
          "2011-02",
          "2011-03",
          "2011-04",
          "2011-05",
          "2011-06",
          "2011-07",
          "2011-08",
          "2011-09",
          "2011-10",
          "2011-11",
          "2011-12",
          "2012-01",
          "2012-02",
          "2012-03",
          "2012-04",
          "2012-05",
          "2012-06",
          "2012-07",
          "2012-08",
          "2012-09",
          "2012-10",
          "2012-11",
          "2012-12",
          "2013-01",
          "2013-02",
          "2013-03",
          "2013-04",
          "2013-05",
          "2013-06",
          "2013-07",
          "2013-08",
          "2013-09",
          "2013-10",
          "2013-11",
          "2013-12",
          "2014-01",
          "2014-02",
          "2014-03",
          "2014-04",
          "2014-05",
          "2014-06",
          "2014-07",
          "2014-08",
          "2014-09",
          "2014-10",
          "2014-11",
          "2014-12",
          "2015-01",
          "2015-02",
          "2015-03",
          "2015-04",
          "2015-05",
          "2015-06",
          "2015-07",
          "2015-08",
          "2015-09",
          "2015-10",
          "2015-11",
          "2015-12",
          "2016-01",
          "2016-02",
          "2016-03",
          "2016-04",
          "2016-05",
          "2016-06",
          "2016-07",
          "2016-08",
          "2016-09",
          "2016-10",
          "2016-11",
          "2016-12",
          "2017-01",
          "2017-02",
          "2017-03",
          "2017-04",
          "2017-05",
          "2017-06",
          "2017-07",
          "2017-08",
          "2017-09",
          "2017-10",
          "2017-11",
          "2017-12",
          "2018-01",
          "2018-02",
          "2018-03",
          "2018-04",
          "2018-05",
          "2018-06",
          "2018-07",
          "2018-08",
          "2018-09",
          "2018-10",
          "2018-11",
          "2018-12",
          "2019-01",
          "2019-02",
          "2019-03",
          "2019-04",
          "2019-05",
          "2019-06",
          "2019-07",
          "2019-08",
          "2019-09",
          "2019-10",
          "2019-11",
          "2019-12",
          "2020-01",
          "2020-02",
          "2020-03",
          "2020-04",
          "2020-05",
          "2020-06",
          "2020-07",
          "2020-08",
          "2020-09",
          "2020-10",
          "2020-11",
          "2020-12",
          "2021-01",
          "2021-02",
          "2021-03",
          "2021-04",
          "2021-05",
          "2021-06",
          "2021-07",
          "2021-08",
          "2021-09",
          "2021-10",
          "2021-11",
          "2021-12",
          "2022-01",
          "2022-02",
          "2022-03",
          "2022-04",
          "2022-05",
          "2022-06",
          "2022-07",
          "2022-08",
          "2022-09",
          "2022-10",
          "2022-11",
          "2022-12",
          "2023-01",
          "2023-02",
          "2023-03",
          "2023-04",
          "2023-05",
          "2023-06",
          "2023-07",
          "2023-08",
          "2023-09",
          "2023-10",
          "2023-11",
          "2023-12",
          "2024-01",
          "2024-02",
          "2024-03",
          "2024-04",
          "2024-05",
          "2024-06",
          "2024-07",
          "2024-08",
          "2024-09",
          "2024-10",
          "2024-11",
          "2024-12",
          "2025-01",
          "2025-02",
          "2025-03",
          "2025-04",
          "2025-05",
          "2025-06",
          "2025-07",
          "2025-08",
          "2025-09",
          "2025-10",
          "2025-11",
          "2025-12",
          "2026-01",
          "2026-02",
          "2026-03",
          "2026-04",
          "2026-05",
          "2026-06",
          "2026-07"
        ],
        "values": [
          -0.008423330500501947,
          -0.004654016563777709,
          -0.004052387753217258,
          -0.0033507818938375063,
          -0.002933112762496734,
          -0.0022787955220489246,
          -0.0006748248562953906,
          0.0011334728427790678,
          0.0021227004029401968,
          0.001147002179504999,
          -0.00042157316291420357,
          -0.0016179081211842468,
          -0.002909770097747822,
          -0.003269414371019914,
          -0.0033044167130181334,
          -0.004179649929548821,
          -0.0051774020939717915,
          -0.006060811636780123,
          -0.0048962951150749575,
          -0.003768144076818491,
          -0.002095412725336989,
          -0.0036842402256799904,
          -0.0049260069189110915,
          -0.005837168612669313,
          -0.006781480103403414,
          -0.007572762078783796,
          -0.007392866259641868,
          -0.006984949291249706,
          -0.006062099208866382,
          -0.005332342072097634,
          -0.0039675367499201085,
          -0.002884429898336662,
          -0.001726652710152352,
          -0.002103170572979983,
          -0.0025812586922479295,
          -0.003329910216176561,
          -0.003108849393839161,
          -0.003497224493048858,
          -0.004730827397077541,
          -0.005857296366438194,
          -0.006212753327999782,
          -0.004571887028549651,
          -0.002920027574214068,
          -0.0019770576539591004,
          -0.001386415958586383,
          0.0006708833933809855,
          0.002393575192291228,
          0.0073053720399245976,
          0.013501792436026387,
          0.018677140831489008,
          0.01980010335315382,
          0.01847236108946243,
          0.02029519116571921,
          0.02183409444696141,
          0.021553545682861285,
          0.0212999860489714,
          0.02272638143473744,
          0.026404587003919285,
          0.029771400527500873,
          0.03730706761569448,
          0.0464457996862922,
          0.05191427490126149,
          0.04959536674301076,
          0.042830251644074904,
          0.03770164847840749,
          0.02922383047614009,
          0.01833718678582629,
          0.007690432971644677,
          -0.00045301264111188453,
          -0.006038775945715383,
          -0.009755472127587931,
          -0.010002788548190977,
          -0.0066242511281172,
          -0.003453661429985618,
          -0.0021004517523756762,
          -0.0008702350449823035,
          0.0009406075683763969,
          -0.0005159533994461209,
          -0.0014419847822855518,
          -0.004366640159584429,
          -0.006763928903423183,
          -0.008588770009169085,
          -0.00991232445344414,
          -0.01048838611291305,
          -0.010670488484139073,
          -0.010440243342376114,
          -0.009573400797018286,
          -0.0075133819772489445,
          -0.0042319473069502254,
          -0.0022831909216159546,
          0.0005566665071462183,
          0.0029929812495742324,
          0.002975454209365247,
          0.0031603182044541915,
          0.002960363641115511,
          0.002132763474364167,
          0.0011455085148326407,
          0.0001798544729248436,
          -0.0008472782028960345,
          -0.0018302108356386376,
          -0.002684480046103924,
          -0.0031753563521218766,
          -0.0033487078829173666,
          -0.0012414331279115406,
          -0.0010546463210781712,
          -0.00048421561903906705,
          -1.9618217923503927e-05,
          -2.6979195878128803e-17,
          -1.84390187656276e-18,
          6.09458093937586e-17,
          1.284908465562681e-16,
          1.6536888408752333e-16,
          1.979768330625279e-16,
          -0.00013682137229985544,
          -0.00021960978557560018,
          -0.00034015397708559114,
          -0.0005703419709458207,
          -0.0008665502013534112,
          -0.001255979827208502,
          -0.0011926187319559352,
          -0.0012590954930288961,
          -0.0013020961397882122,
          -0.0012157216558613118,
          -0.001065178256626829,
          -0.0009034330656881724,
          -0.0007489899780958296,
          -0.0006457615509087819,
          -0.00056769351651333,
          -0.0006509922735812466,
          -0.0009471713714782915,
          -0.0013964348255305899,
          -0.0009587219133239512,
          -0.0009407567117946435,
          -0.0008668815263626063,
          -0.0007126506800275674,
          -0.0006357430660429457,
          -0.000501027022434919,
          -0.00036774297514186873,
          7.08416494690413e-05,
          0.0010720153659965156,
          -0.0006688690797880702,
          -0.0023548149303132568,
          -0.0037416237934733646,
          -0.0023579075012618127,
          -0.0009278042169525509,
          -0.0009405967059565533,
          -0.0008951430548160149,
          -0.0009790326362784459,
          -0.0007657923183436919,
          -0.0007059949339360645,
          -9.457617913806594e-05,
          0.0014737025232044749,
          0.00041952593919669694,
          -0.001128114566637234,
          -0.0028695610175462787,
          -0.0024001944475102715,
          -0.0014357995428485961,
          -0.0016993201451402109,
          -0.001904074309304597,
          -0.002197055627974564,
          -0.002335422337311608,
          -0.0025779106510959745,
          -0.0025806558598242824,
          -0.002600399934571323,
          -0.002550744640884284,
          -0.0028048803450341055,
          -0.0029666194873148436,
          -0.0035557328282949776,
          -0.003769386788055719,
          -0.0032949627172334513,
          -0.002770141765023677,
          -0.0024558707255103542,
          -0.0020628043887078954,
          -0.0021826415156822295,
          -0.002296866619717963,
          -0.0025564680047450794,
          -0.001975667153904385,
          -0.0021332935300840575,
          0.0015404291862743734,
          0.0016253439279719434,
          0.0006631902605325956,
          0.00034219250581367724,
          -0.00020168849219281314,
          -5.9756699446708955e-05,
          -0.0017638428484910568,
          -0.003784811293671271,
          -0.00550915146415277,
          -0.007437274322376202,
          -0.008399387750523686,
          -0.009854075221648759,
          -0.006814590511785578,
          -0.0054065000407121,
          -0.004381587865571482,
          0.0004393804210398435,
          0.0018492997593107195,
          0.0030508035861916308,
          0.002304856307944702,
          0.0014322699088195085,
          0.0009590913974767447,
          0.0003233501793254266,
          -0.00046209846107783323,
          -0.0016316818001867342,
          -0.003057517561226304,
          -0.0043395935943028,
          -0.005105397891048688,
          -0.001757943038774626,
          -0.0009632466571542725,
          -0.0011697303550100042,
          -0.0013905433535932247,
          -0.001506243585056371,
          -0.0016135403340934555,
          -0.001467122430266055,
          -0.00152961515020473,
          -0.0014910732147279061,
          -0.0015238772524402509,
          -0.0012451359705398955,
          -0.0006463011374777225,
          -0.0018338226587701783,
          -0.0007037284411693058,
          -8.60321792085556e-05,
          0.002392037260021991,
          0.0027867268751773713,
          0.0034667534918885455,
          0.005124303490958573,
          0.003600165189959507,
          0.0008247540389168357,
          -9.90978069681939e-05,
          -0.0024368079389968465,
          -0.003743906861026593,
          -0.007090560465270777,
          -0.008024965660812478,
          -0.009227877170479926,
          -0.008649109005410582,
          -0.009612021637389036,
          -0.009171093868514465,
          -0.006288029115657611,
          -0.0051526905086992465,
          -0.0076153173926677906,
          -0.007897131755912157,
          -0.009298424574027263,
          -0.010536113291486434,
          -0.011655922135253216,
          -0.011586389420020047,
          -0.01158530512931737,
          -0.012313852150816566,
          -0.012614357152838767,
          -0.012289022409677306,
          -0.010667867187891648,
          -0.007927597523942254,
          -0.008019108792081434,
          -0.007636538984683251,
          -0.007087122898623939,
          -0.006254151238861198,
          -0.004209560615996796,
          -0.0011917088911239757,
          -0.001479639057846991,
          -0.002950434462031335,
          -0.004265110546226032,
          -0.005397567441875721,
          -0.006712797667418517,
          -0.007991121812159604,
          -0.009865708928428115,
          -0.011199162346724892,
          -0.012538924525616453,
          -0.011927997892767578,
          -0.008307507225967516,
          -0.007000281655190202,
          -0.008515560916149268,
          -0.00988240407956103
        ]
      },
      "rolling_pvalue": {
        "labels": [
          "2004-03",
          "2004-04",
          "2004-05",
          "2004-06",
          "2004-07",
          "2004-08",
          "2004-09",
          "2004-10",
          "2004-11",
          "2004-12",
          "2005-01",
          "2005-02",
          "2005-03",
          "2005-04",
          "2005-05",
          "2005-06",
          "2005-07",
          "2005-08",
          "2005-09",
          "2005-10",
          "2005-11",
          "2005-12",
          "2006-01",
          "2006-02",
          "2006-03",
          "2006-04",
          "2006-05",
          "2006-06",
          "2006-07",
          "2006-08",
          "2006-09",
          "2006-10",
          "2006-11",
          "2006-12",
          "2007-01",
          "2007-02",
          "2007-03",
          "2007-04",
          "2007-05",
          "2007-06",
          "2007-07",
          "2007-08",
          "2007-09",
          "2007-10",
          "2007-11",
          "2007-12",
          "2008-01",
          "2008-02",
          "2008-03",
          "2008-04",
          "2008-05",
          "2008-06",
          "2008-07",
          "2008-08",
          "2008-09",
          "2008-10",
          "2008-11",
          "2008-12",
          "2009-01",
          "2009-02",
          "2009-03",
          "2009-04",
          "2009-05",
          "2009-06",
          "2009-07",
          "2009-08",
          "2009-09",
          "2009-10",
          "2009-11",
          "2009-12",
          "2010-01",
          "2010-02",
          "2010-03",
          "2010-04",
          "2010-05",
          "2010-06",
          "2010-07",
          "2010-08",
          "2010-09",
          "2010-10",
          "2010-11",
          "2010-12",
          "2011-01",
          "2011-02",
          "2011-03",
          "2011-04",
          "2011-05",
          "2011-06",
          "2011-07",
          "2011-08",
          "2011-09",
          "2011-10",
          "2011-11",
          "2011-12",
          "2012-01",
          "2012-02",
          "2012-03",
          "2012-04",
          "2012-05",
          "2012-06",
          "2012-07",
          "2012-08",
          "2012-09",
          "2012-10",
          "2012-11",
          "2012-12",
          "2013-01",
          "2013-02",
          "2013-03",
          "2013-04",
          "2013-05",
          "2013-06",
          "2013-07",
          "2013-08",
          "2013-09",
          "2013-10",
          "2013-11",
          "2013-12",
          "2014-01",
          "2014-02",
          "2014-03",
          "2014-04",
          "2014-05",
          "2014-06",
          "2014-07",
          "2014-08",
          "2014-09",
          "2014-10",
          "2014-11",
          "2014-12",
          "2015-01",
          "2015-02",
          "2015-03",
          "2015-04",
          "2015-05",
          "2015-06",
          "2015-07",
          "2015-08",
          "2015-09",
          "2015-10",
          "2015-11",
          "2015-12",
          "2016-01",
          "2016-02",
          "2016-03",
          "2016-04",
          "2016-05",
          "2016-06",
          "2016-07",
          "2016-08",
          "2016-09",
          "2016-10",
          "2016-11",
          "2016-12",
          "2017-01",
          "2017-02",
          "2017-03",
          "2017-04",
          "2017-05",
          "2017-06",
          "2017-07",
          "2017-08",
          "2017-09",
          "2017-10",
          "2017-11",
          "2017-12",
          "2018-01",
          "2018-02",
          "2018-03",
          "2018-04",
          "2018-05",
          "2018-06",
          "2018-07",
          "2018-08",
          "2018-09",
          "2018-10",
          "2018-11",
          "2018-12",
          "2019-01",
          "2019-02",
          "2019-03",
          "2019-04",
          "2019-05",
          "2019-06",
          "2019-07",
          "2019-08",
          "2019-09",
          "2019-10",
          "2019-11",
          "2019-12",
          "2020-01",
          "2020-02",
          "2020-03",
          "2020-04",
          "2020-05",
          "2020-06",
          "2020-07",
          "2020-08",
          "2020-09",
          "2020-10",
          "2020-11",
          "2020-12",
          "2021-01",
          "2021-02",
          "2021-03",
          "2021-04",
          "2021-05",
          "2021-06",
          "2021-07",
          "2021-08",
          "2021-09",
          "2021-10",
          "2021-11",
          "2021-12",
          "2022-01",
          "2022-02",
          "2022-03",
          "2022-04",
          "2022-05",
          "2022-06",
          "2022-07",
          "2022-08",
          "2022-09",
          "2022-10",
          "2022-11",
          "2022-12",
          "2023-01",
          "2023-02",
          "2023-03",
          "2023-04",
          "2023-05",
          "2023-06",
          "2023-07",
          "2023-08",
          "2023-09",
          "2023-10",
          "2023-11",
          "2023-12",
          "2024-01",
          "2024-02",
          "2024-03",
          "2024-04",
          "2024-05",
          "2024-06",
          "2024-07",
          "2024-08",
          "2024-09",
          "2024-10",
          "2024-11",
          "2024-12",
          "2025-01",
          "2025-02",
          "2025-03",
          "2025-04",
          "2025-05",
          "2025-06",
          "2025-07",
          "2025-08",
          "2025-09",
          "2025-10",
          "2025-11",
          "2025-12",
          "2026-01",
          "2026-02",
          "2026-03",
          "2026-04",
          "2026-05",
          "2026-06",
          "2026-07"
        ],
        "values": [
          0.0009181622814083353,
          6.572790021845267e-05,
          0.00018910360909050019,
          0.0007832239305039629,
          0.0012517408891602722,
          0.018463155839152576,
          0.5922526304782192,
          0.3051533184176678,
          0.04665966135938778,
          0.41026650951397337,
          0.7990559895415733,
          0.34624947395789274,
          0.10678881027738225,
          0.0727016675384808,
          0.06925883715915365,
          0.023256759131998678,
          0.0036061790065008014,
          0.0011429052318605558,
          0.00359208923234207,
          0.009621823134766673,
          0.02905062021506336,
          0.008443879273479267,
          0.0010795191769750138,
          0.00031404197344782624,
          3.156423395076487e-05,
          8.453684610783232e-06,
          8.488285594233171e-06,
          3.158809556040064e-05,
          0.0002614955168123146,
          0.002179633658578753,
          0.01621060897950219,
          0.046833326230766664,
          0.07143155721935786,
          0.041750645031616546,
          0.028869243380250893,
          0.013031041217093225,
          0.019450281638993858,
          0.007844480170462773,
          0.00019896041941860716,
          4.792472017706664e-05,
          1.932866513534267e-05,
          0.0022806257899571636,
          0.03405343199262914,
          0.10933512113507354,
          0.23524473720316172,
          0.63483671290642,
          0.1635991712633189,
          0.040047238349070834,
          0.004394543564219263,
          0.00030483784337708493,
          0.00010388902424538926,
          0.0003426607748325597,
          0.00017829914334297733,
          7.102333142770924e-05,
          8.590339138645968e-05,
          9.229111127846045e-05,
          0.0001200879876391822,
          0.0001877803180447729,
          0.00021015200233116937,
          5.63966332571343e-05,
          3.948927469948662e-06,
          5.206322476592495e-08,
          5.5624501062676e-07,
          2.3056720610511943e-05,
          0.00024758806024640436,
          0.003764177997311781,
          0.03530659010551218,
          0.24910378496201102,
          0.9277063222893376,
          0.12145850238280456,
          0.0016952449743683879,
          0.0011671596574952682,
          0.005961982739246229,
          0.005607492406037893,
          0.020124261088651212,
          0.2728226718463749,
          0.0659891112075503,
          0.6296846296488658,
          0.23024514785074252,
          0.04229792777774856,
          0.007642756880166254,
          0.001351265308152256,
          0.0002549476940346224,
          0.00011100540100142712,
          8.261466542380428e-05,
          0.00012422863317931865,
          0.00043903595695396713,
          0.0029136569605097127,
          0.01283627046936965,
          0.12414792459743668,
          0.2511347290148121,
          0.047490046239686876,
          0.04898725138627913,
          0.035757761060346255,
          0.05076193739420196,
          0.17760625191742385,
          0.47710972179179073,
          0.911221239392181,
          0.5909265631569652,
          0.22675187864143534,
          0.06246254947274841,
          0.0237345540625174,
          0.016274842627778376,
          0.007050882399783551,
          0.020163521183372883,
          0.09917045073321194,
          0.11393741215123238,
          0.45737659046255946,
          0.9622257825624819,
          0.11851029390106421,
          0.0014489879221236943,
          5.5026540505819137e-05,
          2.8419742654653334e-06,
          0.11393741215243898,
          0.02663479614512049,
          0.005003273165710054,
          0.001832324228445881,
          0.000573672561542343,
          0.00019936070536059615,
          0.0005481424959514654,
          0.00027813397661315814,
          0.00018426441870860867,
          0.0004531035674022207,
          0.0015297073488364625,
          0.0033432851828900036,
          0.011549353200867396,
          0.016629720367890094,
          0.02100121298729709,
          0.014883666382148329,
          0.0037072089697655543,
          5.571032141248026e-06,
          0.006101694013072708,
          0.006956290668831221,
          0.012964369738046577,
          0.03570315966333324,
          0.05197331692357568,
          0.1123852005502107,
          0.1912555723932576,
          0.8280408290141437,
          0.09133684817902417,
          0.6106103300331632,
          0.14545169890607845,
          0.03122527764486301,
          0.21592500546744273,
          0.6593726795966868,
          0.6550542823633774,
          0.670445426875801,
          0.6421478811250817,
          0.7152533369022374,
          0.7363476095955407,
          0.9630200853419467,
          0.38988369274201595,
          0.7935565880933977,
          0.4182198651737087,
          0.004638103030218705,
          0.010034944496860222,
          0.00028901395043216566,
          8.579688591698288e-05,
          2.1804049353596744e-05,
          7.915264665757708e-07,
          2.8896695986611973e-07,
          2.0542786892280893e-08,
          1.9257835883526677e-08,
          1.78625703884294e-08,
          7.05001597816641e-09,
          1.458158666555807e-07,
          1.1536577301907234e-07,
          3.913624660616196e-06,
          8.881221443980947e-07,
          8.422529716308198e-05,
          0.0010630185664523965,
          0.002684276013822401,
          0.008261178298242862,
          0.006848029870944444,
          0.006430899103229069,
          0.005127492814280127,
          0.027974573638024577,
          0.019960003466950933,
          0.5115874658181445,
          0.48942766745633726,
          0.7851325619890145,
          0.8897056733218818,
          0.9365577222882427,
          0.9811584257441339,
          0.5322688713350086,
          0.20873026099874167,
          0.067476939240459,
          0.011024144400163192,
          0.003897918301737603,
          0.0003813081474040165,
          8.442598723091856e-05,
          0.0002712671984187207,
          0.003840738882227147,
          0.8782335485631584,
          0.5126804490752115,
          0.2340058655227248,
          0.3777436367477607,
          0.5882810488327396,
          0.7194981150159587,
          0.904192123641427,
          0.8632969846062989,
          0.5371575672687583,
          0.22739187274114112,
          0.07072458598035299,
          0.0289221551499703,
          0.018239634510795803,
          0.0004282174745419622,
          0.0001254491875270738,
          1.6316099250498666e-05,
          2.5995654959276094e-06,
          4.855082630300938e-07,
          1.5143720574448043e-05,
          1.3927574369682176e-05,
          2.1066352446202185e-05,
          1.881789858533988e-05,
          0.0001606180815416562,
          0.05656151693222586,
          0.054807632813851245,
          0.5528832878015282,
          0.9438255439768359,
          0.2138973317198037,
          0.1465557360756646,
          0.07461736301768175,
          0.014652254090375504,
          0.11985331117524928,
          0.7723507777664322,
          0.9721468663739815,
          0.424057911141589,
          0.22748308013231383,
          0.00883130581409043,
          0.0031932492006573705,
          0.0005328600596729244,
          0.0006530456776439707,
          0.00024825097794960914,
          0.00036486233911188373,
          0.0004950139800934663,
          0.0036454501282544953,
          0.0002306777801147395,
          0.00025171292434497845,
          5.1524439424997254e-05,
          3.620642273945595e-05,
          1.9079611433560776e-05,
          2.0833718265936703e-05,
          2.0853796941763414e-05,
          7.812038668177796e-06,
          4.05063230035707e-06,
          7.284396102777794e-06,
          2.888169455101719e-05,
          8.335240739165482e-07,
          9.674682689312748e-07,
          1.0326478016982685e-06,
          5.060870934184833e-07,
          2.4228912128302476e-05,
          0.02514587287579453,
          0.5452621702869989,
          0.46754462088685295,
          0.21376842709795651,
          0.10940753381592773,
          0.05764622362750249,
          0.027942080373895957,
          0.013382662056203845,
          0.0024099716082155776,
          0.0005154426209205875,
          5.407795962821485e-05,
          0.0001585219739565803,
          0.00517941942069219,
          0.0026597911346658305,
          0.003110747323992727,
          0.0016360432565820805
        ]
      }
    }
  },
  "train_test": {
    "status": "ok",
    "train_frac": 0.7,
    "split": "2019-07",
    "train": {
      "status": "ok",
      "n": 196.0,
      "cagr": 0.10153105745325397,
      "sharpe": 1.1968735475096837,
      "sortino": 1.550582358291992,
      "max_drawdown": -0.12929119719624027,
      "mean_monthly": 0.008384474695834669,
      "total_return": 3.8522912377872975
    },
    "test": {
      "status": "ok",
      "n": 85.0,
      "cagr": 0.08981983306504349,
      "sharpe": 0.8891672499473091,
      "sortino": 1.4994943110304189,
      "max_drawdown": -0.19118319999618605,
      "mean_monthly": 0.007626883853116988,
      "total_return": 0.8390597618260804
    },
    "sharpe_ratio_test_over_train": 0.7429082644506478,
    "charts": {
      "train_equity": {
        "labels": [
          "2003-03",
          "2003-04",
          "2003-05",
          "2003-06",
          "2003-07",
          "2003-08",
          "2003-09",
          "2003-10",
          "2003-11",
          "2003-12",
          "2004-01",
          "2004-02",
          "2004-03",
          "2004-04",
          "2004-05",
          "2004-06",
          "2004-07",
          "2004-08",
          "2004-09",
          "2004-10",
          "2004-11",
          "2004-12",
          "2005-01",
          "2005-02",
          "2005-03",
          "2005-04",
          "2005-05",
          "2005-06",
          "2005-07",
          "2005-08",
          "2005-09",
          "2005-10",
          "2005-11",
          "2005-12",
          "2006-01",
          "2006-02",
          "2006-03",
          "2006-04",
          "2006-05",
          "2006-06",
          "2006-07",
          "2006-08",
          "2006-09",
          "2006-10",
          "2006-11",
          "2006-12",
          "2007-01",
          "2007-02",
          "2007-03",
          "2007-04",
          "2007-05",
          "2007-06",
          "2007-07",
          "2007-08",
          "2007-09",
          "2007-10",
          "2007-11",
          "2007-12",
          "2008-01",
          "2008-02",
          "2008-03",
          "2008-04",
          "2008-05",
          "2008-06",
          "2008-07",
          "2008-08",
          "2008-09",
          "2008-10",
          "2008-11",
          "2008-12",
          "2009-01",
          "2009-02",
          "2009-03",
          "2009-04",
          "2009-05",
          "2009-06",
          "2009-07",
          "2009-08",
          "2009-09",
          "2009-10",
          "2009-11",
          "2009-12",
          "2010-01",
          "2010-02",
          "2010-03",
          "2010-04",
          "2010-05",
          "2010-06",
          "2010-07",
          "2010-08",
          "2010-09",
          "2010-10",
          "2010-11",
          "2010-12",
          "2011-01",
          "2011-02",
          "2011-03",
          "2011-04",
          "2011-05",
          "2011-06",
          "2011-07",
          "2011-08",
          "2011-09",
          "2011-10",
          "2011-11",
          "2011-12",
          "2012-01",
          "2012-02",
          "2012-03",
          "2012-04",
          "2012-05",
          "2012-06",
          "2012-07",
          "2012-08",
          "2012-09",
          "2012-10",
          "2012-11",
          "2012-12",
          "2013-01",
          "2013-02",
          "2013-03",
          "2013-04",
          "2013-05",
          "2013-06",
          "2013-07",
          "2013-08",
          "2013-09",
          "2013-10",
          "2013-11",
          "2013-12",
          "2014-01",
          "2014-02",
          "2014-03",
          "2014-04",
          "2014-05",
          "2014-06",
          "2014-07",
          "2014-08",
          "2014-09",
          "2014-10",
          "2014-11",
          "2014-12",
          "2015-01",
          "2015-02",
          "2015-03",
          "2015-04",
          "2015-05",
          "2015-06",
          "2015-07",
          "2015-08",
          "2015-09",
          "2015-10",
          "2015-11",
          "2015-12",
          "2016-01",
          "2016-02",
          "2016-03",
          "2016-04",
          "2016-05",
          "2016-06",
          "2016-07",
          "2016-08",
          "2016-09",
          "2016-10",
          "2016-11",
          "2016-12",
          "2017-01",
          "2017-02",
          "2017-03",
          "2017-04",
          "2017-05",
          "2017-06",
          "2017-07",
          "2017-08",
          "2017-09",
          "2017-10",
          "2017-11",
          "2017-12",
          "2018-01",
          "2018-02",
          "2018-03",
          "2018-04",
          "2018-05",
          "2018-06",
          "2018-07",
          "2018-08",
          "2018-09",
          "2018-10",
          "2018-11",
          "2018-12",
          "2019-01",
          "2019-02",
          "2019-03",
          "2019-04",
          "2019-05",
          "2019-06"
        ],
        "values": [
          0.9859235941778772,
          0.9871465614337908,
          1.033913764962799,
          1.0385362299202718,
          1.0390213859733026,
          1.059665623571943,
          1.0632047828862983,
          1.1001802984331421,
          1.1081313438393807,
          1.1474006323768589,
          1.1668815416870992,
          1.1861464366161507,
          1.1821838500427737,
          1.1480896150426327,
          1.1693332490018387,
          1.1812088120249526,
          1.1641954154229552,
          1.194867257328523,
          1.1958527951091151,
          1.2089451099531083,
          1.2063719891097697,
          1.2363610706110328,
          1.2183680691841874,
          1.2328744167369368,
          1.219252065273073,
          1.2143553694352371,
          1.2232047523800744,
          1.226084388745894,
          1.2445040903682254,
          1.2500994022763618,
          1.2559063334488811,
          1.231407036164822,
          1.2328078405720493,
          1.2362452698511681,
          1.2540035262528837,
          1.2584503346301625,
          1.259842442345233,
          1.2668438307095,
          1.2487303936155156,
          1.2534149215819999,
          1.272352837348684,
          1.2935105959561009,
          1.3126123032718076,
          1.3361457269003394,
          1.3575768287486834,
          1.3557268634134014,
          1.3681397139415612,
          1.3663076746815461,
          1.3775088889987384,
          1.4141697912288687,
          1.4309581979488428,
          1.4194034785044742,
          1.4145448178445428,
          1.430511152353815,
          1.468968284804171,
          1.4880343758867651,
          1.4855245588695825,
          1.4856168842755442,
          1.5384312879975865,
          1.5564518804708132,
          1.5536782292626263,
          1.542961196214473,
          1.5457999992118947,
          1.5666793612078642,
          1.5569291455858079,
          1.5708285250104188,
          1.499442783425341,
          1.375309101517068,
          1.387324818395712,
          1.477549380055424,
          1.4630582015593865,
          1.4082564366995394,
          1.4975212966286575,
          1.552626090999788,
          1.6103852149262787,
          1.6125752558523656,
          1.68192944150415,
          1.74333050985916,
          1.8051436138684602,
          1.7704391837583178,
          1.8795097728923327,
          1.915410962019638,
          1.8555234948049317,
          1.9074498129084876,
          2.0116113321109284,
          2.046438075064497,
          1.9057984910532322,
          1.8241242481482227,
          1.850449675268,
          1.781851646351439,
          1.8349048797349254,
          1.9030730315512145,
          1.9030246876818586,
          2.0264320016084834,
          2.0694436315159925,
          2.1356575118131884,
          2.138550574993332,
          2.1987607977360244,
          2.177717164444186,
          2.1479789236739752,
          2.121759741963727,
          2.0165715289310167,
          1.968870238977864,
          2.0735241222063205,
          2.079311198591682,
          2.090630932049151,
          2.162218870107194,
          2.254920381781149,
          2.327448027066418,
          2.3119107291150103,
          2.1730666730669963,
          2.261252660552445,
          2.2880021466689695,
          2.345322012324925,
          2.4047776867816735,
          2.361015585027421,
          2.374378288303929,
          2.3955918989308085,
          2.518223944425771,
          2.5503520616340016,
          2.6471931169262954,
          2.6980520639951693,
          2.7617507514713497,
          2.7248970603266818,
          2.855535194906863,
          2.7719924279716315,
          2.855455274946185,
          2.9768550831360456,
          3.055421326816138,
          3.1207581469160908,
          3.0378285879349107,
          3.1616184015791062,
          3.18334333261854,
          3.2089446387470186,
          3.2820467698488476,
          3.3435510937516173,
          3.303621539050293,
          3.420951717586406,
          3.369373402928451,
          3.4408815394830485,
          3.5215395579330617,
          3.509086137685519,
          3.4422267705907528,
          3.6110102188899385,
          3.559337323974081,
          3.5929654190067972,
          3.6283376015424427,
          3.5609951999676994,
          3.630210629618577,
          3.4443738921888096,
          3.41280021433767,
          3.4705129419518626,
          3.4777333333018774,
          3.4236099997467693,
          3.4285441281705404,
          3.4605551537305224,
          3.5654115447412686,
          3.576747156445932,
          3.6280075128816915,
          3.6511215918020477,
          3.7734173496163503,
          3.7765357666962247,
          3.779673148437902,
          3.718414864836994,
          3.831185051477486,
          3.8960150016312296,
          3.9590949749514226,
          4.0898727475296575,
          4.09434101286399,
          4.130502607195803,
          4.177314440703433,
          4.191466448488072,
          4.260705705707694,
          4.280929553402938,
          4.34190633260312,
          4.4211651996124495,
          4.523363219806299,
          4.575082836514133,
          4.757957764532853,
          4.621139465251998,
          4.546743834658132,
          4.562068254259433,
          4.641573888756897,
          4.6697843008931885,
          4.778843690498576,
          4.890421670729762,
          4.894479328706528,
          4.6480309529430635,
          4.667940164075506,
          4.68445097540697,
          4.75519063404542,
          4.754001272154028,
          4.8404954888085605,
          4.994707162804277,
          4.768494417649634,
          4.8522912377872975
        ]
      },
      "test_equity": {
        "labels": [
          "2019-07",
          "2019-08",
          "2019-09",
          "2019-10",
          "2019-11",
          "2019-12",
          "2020-01",
          "2020-02",
          "2020-03",
          "2020-04",
          "2020-05",
          "2020-06",
          "2020-07",
          "2020-08",
          "2020-09",
          "2020-10",
          "2020-11",
          "2020-12",
          "2021-01",
          "2021-02",
          "2021-03",
          "2021-04",
          "2021-05",
          "2021-06",
          "2021-07",
          "2021-08",
          "2021-09",
          "2021-10",
          "2021-11",
          "2021-12",
          "2022-01",
          "2022-02",
          "2022-03",
          "2022-04",
          "2022-05",
          "2022-06",
          "2022-07",
          "2022-08",
          "2022-09",
          "2022-10",
          "2022-11",
          "2022-12",
          "2023-01",
          "2023-02",
          "2023-03",
          "2023-04",
          "2023-05",
          "2023-06",
          "2023-07",
          "2023-08",
          "2023-09",
          "2023-10",
          "2023-11",
          "2023-12",
          "2024-01",
          "2024-02",
          "2024-03",
          "2024-04",
          "2024-05",
          "2024-06",
          "2024-07",
          "2024-08",
          "2024-09",
          "2024-10",
          "2024-11",
          "2024-12",
          "2025-01",
          "2025-02",
          "2025-03",
          "2025-04",
          "2025-05",
          "2025-06",
          "2025-07",
          "2025-08",
          "2025-09",
          "2025-10",
          "2025-11",
          "2025-12",
          "2026-01",
          "2026-02",
          "2026-03",
          "2026-04",
          "2026-05",
          "2026-06",
          "2026-07"
        ],
        "values": [
          4.91028192890478,
          4.87085355672857,
          4.94137064115788,
          5.030219709451922,
          5.180672621575517,
          5.305973427907972,
          5.325843602794906,
          4.969941160275688,
          4.7690936287292915,
          5.020590539631866,
          5.1091737410282105,
          5.194115821351242,
          5.499433273213769,
          5.883275965323281,
          5.662984627760411,
          5.522970311190511,
          6.10729079817004,
          6.331425693186318,
          6.26919222081425,
          6.434019962682093,
          6.700660664714871,
          7.019160040309064,
          7.068596341752799,
          7.215942702324814,
          7.394382833920517,
          7.597292934758312,
          7.270167767237341,
          7.7191026740454936,
          7.673367872402464,
          7.9940858684211085,
          7.6039501686382485,
          7.433067052971491,
          7.386301827837419,
          7.13961080023005,
          7.078566379295372,
          6.835947625879826,
          7.144368040453485,
          6.939789229735236,
          6.465750951052072,
          6.557342151071039,
          6.6775312323317655,
          6.584757789367758,
          6.721369751660586,
          6.627152210018764,
          6.817347218943233,
          6.888458781558091,
          6.88257379150481,
          7.151343991670823,
          7.295882222849291,
          7.20109226814444,
          6.945708202087019,
          6.84811070839033,
          7.0349320112663145,
          7.2771200471715405,
          7.353260548717017,
          7.531818585482251,
          7.685192525132498,
          7.464424075642901,
          7.705697831779773,
          7.863199265214169,
          7.9821176561677465,
          8.107981330476248,
          8.254833822175124,
          8.14302513010605,
          8.382351150020025,
          8.213428388344967,
          8.369407476799683,
          8.43278436800693,
          8.250437516464016,
          8.25707682500926,
          8.204900730602573,
          8.41527502642641,
          8.502658279016876,
          8.657689957057391,
          8.821649148403111,
          8.934970410362721,
          8.955336053032743,
          8.929213309535912,
          9.01071180904866,
          9.046338494503178,
          8.780832518963484,
          8.872376646750393,
          9.063238430942771,
          9.004084752124754,
          8.923653568075885
        ]
      }
    }
  },
  "cost": {
    "status": "ok",
    "avg_daily_turnover": 0.0013346772385974075,
    "monthly_turnover": 0.028028222010545556,
    "note": "Additional one-way bps on top of the published (already costed) monthly path.",
    "half_sharpe_bps": null,
    "zero_sharpe_bps": null,
    "base_sharpe": 1.0872847435867836,
    "curve": {
      "labels": [
        "0",
        "1",
        "2",
        "3",
        "4",
        "5",
        "6",
        "7",
        "8",
        "9",
        "10",
        "11",
        "12",
        "13",
        "14",
        "15",
        "16",
        "17",
        "18",
        "19",
        "20",
        "21",
        "22",
        "23",
        "24"
      ],
      "sharpe": [
        1.0872847435867836,
        1.0869110648742395,
        1.0865373861616954,
        1.086163707449151,
        1.085790028736607,
        1.085416350024063,
        1.0850426713115187,
        1.0846689925989743,
        1.0842953138864304,
        1.0839216351738863,
        1.0835479564613422,
        1.0831742777487978,
        1.0828005990362537,
        1.0824269203237098,
        1.0820532416111655,
        1.081679562898621,
        1.0813058841860772,
        1.080932205473533,
        1.0805585267609887,
        1.0801848480484446,
        1.0798111693359005,
        1.0794374906233564,
        1.0790638119108122,
        1.078690133198268,
        1.0783164544857238
      ],
      "cagr": [
        0.09797530137048582,
        0.09793864699299037,
        0.0979019937371115,
        0.09786534160282123,
        0.09782869059008714,
        0.09779204069887748,
        0.09775539192915916,
        0.09771874428090488,
        0.09768209775408199,
        0.09764545234865829,
        0.09760880806460182,
        0.09757216490188414,
        0.09753552286047307,
        0.09749888194033685,
        0.09746224214144261,
        0.09742560346376261,
        0.09738896590726465,
        0.0973523294719163,
        0.0973156941576856,
        0.09727905996454433,
        0.0972424268924601,
        0.09720579494140114,
        0.0971691641113348,
        0.0971325344022329,
        0.09709590581406369
      ]
    },
    "rows": [
      {
        "bps": 0.0,
        "cagr": 0.09797530137048582,
        "sharpe": 1.0872847435867836,
        "max_drawdown": -0.19118319999618594
      },
      {
        "bps": 1.0,
        "cagr": 0.09793864699299037,
        "sharpe": 1.0869110648742395,
        "max_drawdown": null
      },
      {
        "bps": 2.0,
        "cagr": 0.0979019937371115,
        "sharpe": 1.0865373861616954,
        "max_drawdown": null
      },
      {
        "bps": 3.0,
        "cagr": 0.09786534160282123,
        "sharpe": 1.086163707449151,
        "max_drawdown": null
      },
      {
        "bps": 4.0,
        "cagr": 0.09782869059008714,
        "sharpe": 1.085790028736607,
        "max_drawdown": null
      },
      {
        "bps": 5.0,
        "cagr": 0.09779204069887748,
        "sharpe": 1.085416350024063,
        "max_drawdown": null
      },
      {
        "bps": 6.0,
        "cagr": 0.09775539192915916,
        "sharpe": 1.0850426713115187,
        "max_drawdown": null
      },
      {
        "bps": 7.0,
        "cagr": 0.09771874428090488,
        "sharpe": 1.0846689925989743,
        "max_drawdown": null
      },
      {
        "bps": 8.0,
        "cagr": 0.09768209775408199,
        "sharpe": 1.0842953138864304,
        "max_drawdown": null
      },
      {
        "bps": 9.0,
        "cagr": 0.09764545234865829,
        "sharpe": 1.0839216351738863,
        "max_drawdown": null
      },
      {
        "bps": 10.0,
        "cagr": 0.09760880806460182,
        "sharpe": 1.0835479564613422,
        "max_drawdown": null
      },
      {
        "bps": 11.0,
        "cagr": 0.09757216490188414,
        "sharpe": 1.0831742777487978,
        "max_drawdown": null
      },
      {
        "bps": 12.0,
        "cagr": 0.09753552286047307,
        "sharpe": 1.0828005990362537,
        "max_drawdown": null
      },
      {
        "bps": 13.0,
        "cagr": 0.09749888194033685,
        "sharpe": 1.0824269203237098,
        "max_drawdown": null
      },
      {
        "bps": 14.0,
        "cagr": 0.09746224214144261,
        "sharpe": 1.0820532416111655,
        "max_drawdown": null
      },
      {
        "bps": 15.0,
        "cagr": 0.09742560346376261,
        "sharpe": 1.081679562898621,
        "max_drawdown": null
      },
      {
        "bps": 16.0,
        "cagr": 0.09738896590726465,
        "sharpe": 1.0813058841860772,
        "max_drawdown": null
      },
      {
        "bps": 17.0,
        "cagr": 0.0973523294719163,
        "sharpe": 1.080932205473533,
        "max_drawdown": null
      },
      {
        "bps": 18.0,
        "cagr": 0.0973156941576856,
        "sharpe": 1.0805585267609887,
        "max_drawdown": null
      },
      {
        "bps": 19.0,
        "cagr": 0.09727905996454433,
        "sharpe": 1.0801848480484446,
        "max_drawdown": null
      },
      {
        "bps": 20.0,
        "cagr": 0.0972424268924601,
        "sharpe": 1.0798111693359005,
        "max_drawdown": null
      },
      {
        "bps": 21.0,
        "cagr": 0.09720579494140114,
        "sharpe": 1.0794374906233564,
        "max_drawdown": null
      },
      {
        "bps": 22.0,
        "cagr": 0.0971691641113348,
        "sharpe": 1.0790638119108122,
        "max_drawdown": null
      },
      {
        "bps": 23.0,
        "cagr": 0.0971325344022329,
        "sharpe": 1.078690133198268,
        "max_drawdown": null
      },
      {
        "bps": 24.0,
        "cagr": 0.09709590581406369,
        "sharpe": 1.0783164544857238,
        "max_drawdown": null
      }
    ]
  },
  "noise": {
    "status": "ok",
    "n_sims": 0.0,
    "analytic": true,
    "base_sharpe": 1.0872847435867836,
    "critical_noise": null,
    "note": "Analytic Sharpe with added Gaussian variance on monthly returns, scaled by 12-month rolling vol. Not a price-path re-backtest.",
    "curve": {
      "labels": [
        "0.05",
        "0.1",
        "0.2",
        "0.3",
        "0.5",
        "0.75",
        "1.0",
        "1.5"
      ],
      "median_sharpe": [
        1.0859123121586978,
        1.0818259919032447,
        1.0659301959102447,
        1.0409263827324011,
        0.9713592939314627,
        0.8679986271834078,
        0.7665836487546526,
        0.6006850968924107
      ],
      "p10_sharpe": [
        1.085500582730272,
        1.080188366398183,
        1.059523831607283,
        1.0270188744760864,
        0.9365816590348665,
        0.8022127922623951,
        0.6703733203050133,
        0.4547052028840988
      ],
      "p90_sharpe": [
        1.0863240415871236,
        1.0834636174083063,
        1.0723365602132064,
        1.0548338909887158,
        1.006136928828059,
        0.9337844621044206,
        0.8627939772042919,
        0.7466649909007226
      ]
    },
    "rows": [
      {
        "level": 0.05,
        "median_sharpe": 1.0859123121586978,
        "p10_sharpe": 1.085500582730272,
        "p90_sharpe": 1.0863240415871236
      },
      {
        "level": 0.1,
        "median_sharpe": 1.0818259919032447,
        "p10_sharpe": 1.080188366398183,
        "p90_sharpe": 1.0834636174083063
      },
      {
        "level": 0.2,
        "median_sharpe": 1.0659301959102447,
        "p10_sharpe": 1.059523831607283,
        "p90_sharpe": 1.0723365602132064
      },
      {
        "level": 0.3,
        "median_sharpe": 1.0409263827324011,
        "p10_sharpe": 1.0270188744760864,
        "p90_sharpe": 1.0548338909887158
      },
      {
        "level": 0.5,
        "median_sharpe": 0.9713592939314627,
        "p10_sharpe": 0.9365816590348665,
        "p90_sharpe": 1.006136928828059
      },
      {
        "level": 0.75,
        "median_sharpe": 0.8679986271834078,
        "p10_sharpe": 0.8022127922623951,
        "p90_sharpe": 0.9337844621044206
      },
      {
        "level": 1.0,
        "median_sharpe": 0.7665836487546526,
        "p10_sharpe": 0.6703733203050133,
        "p90_sharpe": 0.8627939772042919
      },
      {
        "level": 1.5,
        "median_sharpe": 0.6006850968924107,
        "p10_sharpe": 0.4547052028840988,
        "p90_sharpe": 0.7466649909007226
      }
    ]
  },
  "regimes": {
    "status": "ok",
    "frac_months_beat_spy": 0.16071428571428573,
    "frac_stress_months_beat_spy": 1.0,
    "n_regimes_ok": 6.0,
    "n_regimes_beat": 3.0,
    "charts": {
      "labels": [
        "Strong bull",
        "Bull",
        "Sideways",
        "Bear",
        "Strong bear",
        "Volatility up",
        "Volatility down"
      ],
      "strategy": [
        0.009955423349886238,
        0.005090459838855067,
        -0.008625251287479097,
        0.0037731513133578577,
        null,
        0.01528243001720006,
        0.006134402354436668
      ],
      "spy": [
        0.013943287336567353,
        0.0097168992812941,
        -0.028492105700941038,
        -0.0153320971081605,
        null,
        0.022136006446948794,
        0.0007713629166074671
      ]
    },
    "rows": [
      {
        "id": "strong_bull",
        "label": "Strong bull",
        "n_months": 114.0,
        "status": "ok",
        "strategy_mean": 0.009955423349886238,
        "spy_mean": 0.013943287336567353,
        "beats_spy": false
      },
      {
        "id": "bull",
        "label": "Bull",
        "n_months": 74.0,
        "status": "ok",
        "strategy_mean": 0.005090459838855067,
        "spy_mean": 0.0097168992812941,
        "beats_spy": false
      },
      {
        "id": "sideways",
        "label": "Sideways",
        "n_months": 10.0,
        "status": "ok",
        "strategy_mean": -0.008625251287479097,
        "spy_mean": -0.028492105700941038,
        "beats_spy": true
      },
      {
        "id": "bear",
        "label": "Bear",
        "n_months": 9.0,
        "status": "ok",
        "strategy_mean": 0.0037731513133578577,
        "spy_mean": -0.0153320971081605,
        "beats_spy": true
      },
      {
        "id": "strong_bear",
        "label": "Strong bear",
        "n_months": 1.0,
        "status": "not_estimable",
        "strategy_mean": null,
        "spy_mean": null,
        "beats_spy": null
      },
      {
        "id": "vol_up",
        "label": "Volatility up",
        "n_months": 47.0,
        "status": "ok",
        "strategy_mean": 0.01528243001720006,
        "spy_mean": 0.022136006446948794,
        "beats_spy": false
      },
      {
        "id": "vol_down",
        "label": "Volatility down",
        "n_months": 26.0,
        "status": "ok",
        "strategy_mean": 0.006134402354436668,
        "spy_mean": 0.0007713629166074671,
        "beats_spy": true
      }
    ]
  },
  "histogram": {
    "status": "ok",
    "labels": [
      "-15.8%",
      "-14.3%",
      "-12.9%",
      "-11.4%",
      "-9.9%",
      "-8.5%",
      "-7.0%",
      "-5.6%",
      "-4.1%",
      "-2.6%",
      "-1.2%",
      "0.3%",
      "1.7%",
      "3.2%",
      "4.7%",
      "6.1%",
      "7.6%",
      "9.0%",
      "10.5%",
      "12.0%"
    ],
    "centers": [
      -0.15788231584493945,
      -0.14327381205992573,
      -0.12866530827491196,
      -0.11405680448989823,
      -0.09944830070488449,
      -0.08483979691987074,
      -0.070231293134857,
      -0.05562278934984326,
      -0.041014285564829514,
      -0.02640578177981577,
      -0.011797277994802027,
      0.002811225790211716,
      0.01741972957522546,
      0.0320282333602392,
      0.046636737145252946,
      0.06124524093026669,
      0.07585374471528043,
      0.09046224850029418,
      0.1050707522853079,
      0.11967925607032165
    ],
    "strategy": [
      0.0,
      0.0,
      0.0,
      0.0,
      0.0,
      1.0,
      3.0,
      5.0,
      10.0,
      16.0,
      37.0,
      68.0,
      75.0,
      41.0,
      16.0,
      7.0,
      1.0,
      0.0,
      1.0,
      0.0
    ],
    "spy": [
      1.0,
      0.0,
      1.0,
      1.0,
      2.0,
      7.0,
      4.0,
      10.0,
      10.0,
      19.0,
      30.0,
      39.0,
      61.0,
      40.0,
      24.0,
      15.0,
      6.0,
      6.0,
      4.0,
      1.0
    ]
  },
  "half_sample": {
    "status": "ok",
    "first": {
      "status": "ok",
      "engine": "local_monthly",
      "observations": 140.0,
      "start": "2003-03-31",
      "end": "2014-10-31",
      "total_return": 2.4408815394830485,
      "cagr": 0.1117323975092861,
      "sharpe": 1.2408787512145896,
      "sortino": 1.636945858898754,
      "volatility": 0.08890195391226446,
      "max_drawdown": -0.12929119719624027
    },
    "second": {
      "status": "ok",
      "engine": "local_monthly",
      "observations": 141.0,
      "start": "2014-11-30",
      "end": "2026-07-31",
      "total_return": 1.5934207457245249,
      "cagr": 0.08448420821995062,
      "sharpe": 0.9367943105136951,
      "sortino": 1.434297202706692,
      "volatility": 0.09126786566538193,
      "max_drawdown": -0.19118319999618594
    },
    "sharpe_ratio_second_over_first": 0.7549442760598065
  },
  "eras": [
    {
      "id": "2000s",
      "label": "2000s",
      "n_months": 82.0,
      "cagr": 0.09978205619478775,
      "sharpe": 1.2688199769342667,
      "total_return": 0.915410962019638
    },
    {
      "id": "2010s",
      "label": "2010s",
      "n_months": 120.0,
      "cagr": 0.1072617821297388,
      "sharpe": 1.2177384836226828,
      "total_return": 1.770148826084442
    },
    {
      "id": "2020s",
      "label": "2020s",
      "n_months": 79.0,
      "cagr": 0.08216961665670652,
      "sharpe": 0.7998101633440874,
      "total_return": 0.6818127134108718
    }
  ],
  "events": [
    {
      "id": "dotcom",
      "label": "Dot-com bust",
      "start": "2000-03",
      "end": "2002-09",
      "status": "not_estimable",
      "reason": "strategy history does not cover this episode",
      "n_months": 0.0,
      "strategy_return": null,
      "spy_return": null
    },
    {
      "id": "gfc",
      "label": "Global Financial Crisis",
      "start": "2007-10",
      "end": "2009-03",
      "status": "ok",
      "n_months": 18.0,
      "strategy_return": 0.0194374596918494,
      "spy_return": -0.45961325273587395
    },
    {
      "id": "covid",
      "label": "COVID crash",
      "start": "2020-02",
      "end": "2020-03",
      "status": "ok",
      "n_months": 2.0,
      "strategy_return": -0.10453742460132376,
      "spy_return": -0.19415148071011146
    },
    {
      "id": "inflation_2022",
      "label": "2022 inflation shock",
      "start": "2022-01",
      "end": "2022-09",
      "status": "ok",
      "n_months": 9.0,
      "strategy_return": -0.19118319999618583,
      "spy_return": -0.23927178828328322
    }
  ],
  "rolling_sharpe_std": 1.1455892851143816,
  "avg_daily_turnover": 0.0013346772385974075,
  "swr": 0.05539389270510309,
  "grade": {
    "score": 39.33543230179242,
    "letter": "F",
    "factor_letters": {
      "edge": "F",
      "bootstrap": "F",
      "persistence": "F",
      "stability": "D",
      "cost": "A",
      "regimes": "F"
    },
    "factor_scores": {
      "edge": 16.1,
      "bootstrap": 12.0,
      "persistence": 2.4460966542750917,
      "stability": 66.82535523192757,
      "cost": 96.0,
      "regimes": 56.480000000000004
    },
    "weights": {
      "edge": 0.2,
      "bootstrap": 0.18,
      "persistence": 0.16,
      "stability": 0.16,
      "cost": 0.15,
      "regimes": 0.15
    },
    "missing_weight": 0.0
  },
  "factor_scores": {
    "edge": 16.1,
    "bootstrap": 12.0,
    "persistence": 2.4460966542750917,
    "stability": 66.82535523192757,
    "cost": 96.0,
    "regimes": 56.480000000000004
  },
  "links": {
    "strategy_page": "strategies/eey-with-momentum.html",
    "tearsheet": "tearsheets/strategies/eey-with-momentum.html",
    "payload": "site-data/strategies/eey-with-momentum.json",
    "research_payload": "site-data/strategy-research/eey-with-momentum.json",
    "index": "strategy-research.html"
  },
  "charts": {
    "equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.9859235941778772,
        0.9871465614337908,
        1.033913764962799,
        1.0385362299202718,
        1.0390213859733026,
        1.059665623571943,
        1.0632047828862983,
        1.1001802984331421,
        1.1081313438393807,
        1.1474006323768589,
        1.1668815416870992,
        1.1861464366161507,
        1.1821838500427737,
        1.1480896150426327,
        1.1693332490018387,
        1.1812088120249526,
        1.1641954154229552,
        1.194867257328523,
        1.1958527951091151,
        1.2089451099531083,
        1.2063719891097697,
        1.2363610706110328,
        1.2183680691841874,
        1.2328744167369368,
        1.219252065273073,
        1.2143553694352371,
        1.2232047523800744,
        1.226084388745894,
        1.2445040903682254,
        1.2500994022763618,
        1.2559063334488811,
        1.231407036164822,
        1.2328078405720493,
        1.2362452698511681,
        1.2540035262528837,
        1.2584503346301625,
        1.259842442345233,
        1.2668438307095,
        1.2487303936155156,
        1.2534149215819999,
        1.272352837348684,
        1.2935105959561009,
        1.3126123032718076,
        1.3361457269003394,
        1.3575768287486834,
        1.3557268634134014,
        1.3681397139415612,
        1.3663076746815461,
        1.3775088889987384,
        1.4141697912288687,
        1.4309581979488428,
        1.4194034785044742,
        1.4145448178445428,
        1.430511152353815,
        1.468968284804171,
        1.4880343758867651,
        1.4855245588695825,
        1.4856168842755442,
        1.5384312879975865,
        1.5564518804708132,
        1.5536782292626263,
        1.542961196214473,
        1.5457999992118947,
        1.5666793612078642,
        1.5569291455858079,
        1.5708285250104188,
        1.499442783425341,
        1.375309101517068,
        1.387324818395712,
        1.477549380055424,
        1.4630582015593865,
        1.4082564366995394,
        1.4975212966286575,
        1.552626090999788,
        1.6103852149262787,
        1.6125752558523656,
        1.68192944150415,
        1.74333050985916,
        1.8051436138684602,
        1.7704391837583178,
        1.8795097728923327,
        1.915410962019638,
        1.8555234948049317,
        1.9074498129084876,
        2.0116113321109284,
        2.046438075064497,
        1.9057984910532322,
        1.8241242481482227,
        1.850449675268,
        1.781851646351439,
        1.8349048797349254,
        1.9030730315512145,
        1.9030246876818586,
        2.0264320016084834,
        2.0694436315159925,
        2.1356575118131884,
        2.138550574993332,
        2.1987607977360244,
        2.177717164444186,
        2.1479789236739752,
        2.121759741963727,
        2.0165715289310167,
        1.968870238977864,
        2.0735241222063205,
        2.079311198591682,
        2.090630932049151,
        2.162218870107194,
        2.254920381781149,
        2.327448027066418,
        2.3119107291150103,
        2.1730666730669963,
        2.261252660552445,
        2.2880021466689695,
        2.345322012324925,
        2.4047776867816735,
        2.361015585027421,
        2.374378288303929,
        2.3955918989308085,
        2.518223944425771,
        2.5503520616340016,
        2.6471931169262954,
        2.6980520639951693,
        2.7617507514713497,
        2.7248970603266818,
        2.855535194906863,
        2.7719924279716315,
        2.855455274946185,
        2.9768550831360456,
        3.055421326816138,
        3.1207581469160908,
        3.0378285879349107,
        3.1616184015791062,
        3.18334333261854,
        3.2089446387470186,
        3.2820467698488476,
        3.3435510937516173,
        3.303621539050293,
        3.420951717586406,
        3.369373402928451,
        3.4408815394830485,
        3.5215395579330617,
        3.509086137685519,
        3.4422267705907528,
        3.6110102188899385,
        3.559337323974081,
        3.5929654190067972,
        3.6283376015424427,
        3.5609951999676994,
        3.630210629618577,
        3.4443738921888096,
        3.41280021433767,
        3.4705129419518626,
        3.4777333333018774,
        3.4236099997467693,
        3.4285441281705404,
        3.4605551537305224,
        3.5654115447412686,
        3.576747156445932,
        3.6280075128816915,
        3.6511215918020477,
        3.7734173496163503,
        3.7765357666962247,
        3.779673148437902,
        3.718414864836994,
        3.831185051477486,
        3.8960150016312296,
        3.9590949749514226,
        4.0898727475296575,
        4.09434101286399,
        4.130502607195803,
        4.177314440703433,
        4.191466448488072,
        4.260705705707694,
        4.280929553402938,
        4.34190633260312,
        4.4211651996124495,
        4.523363219806299,
        4.575082836514133,
        4.757957764532853,
        4.621139465251998,
        4.546743834658132,
        4.562068254259433,
        4.641573888756897,
        4.6697843008931885,
        4.778843690498576,
        4.890421670729762,
        4.894479328706528,
        4.6480309529430635,
        4.667940164075506,
        4.68445097540697,
        4.75519063404542,
        4.754001272154028,
        4.8404954888085605,
        4.994707162804277,
        4.768494417649634,
        4.8522912377872975,
        4.91028192890478,
        4.87085355672857,
        4.94137064115788,
        5.030219709451922,
        5.180672621575518,
        5.305973427907973,
        5.325843602794907,
        4.969941160275689,
        4.769093628729292,
        5.020590539631867,
        5.109173741028211,
        5.194115821351243,
        5.4994332732137705,
        5.883275965323283,
        5.6629846277604114,
        5.5229703111905115,
        6.107290798170041,
        6.331425693186319,
        6.269192220814251,
        6.434019962682094,
        6.700660664714872,
        7.019160040309066,
        7.0685963417528,
        7.215942702324815,
        7.394382833920518,
        7.597292934758313,
        7.270167767237342,
        7.719102674045494,
        7.673367872402465,
        7.994085868421109,
        7.6039501686382485,
        7.43306705297149,
        7.386301827837419,
        7.13961080023005,
        7.078566379295372,
        6.835947625879826,
        7.144368040453486,
        6.939789229735237,
        6.4657509510520725,
        6.5573421510710395,
        6.677531232331767,
        6.584757789367759,
        6.721369751660587,
        6.627152210018765,
        6.817347218943235,
        6.888458781558093,
        6.882573791504812,
        7.151343991670824,
        7.295882222849292,
        7.201092268144441,
        6.94570820208702,
        6.84811070839033,
        7.0349320112663145,
        7.2771200471715405,
        7.353260548717016,
        7.531818585482251,
        7.685192525132498,
        7.464424075642902,
        7.705697831779773,
        7.86319926521417,
        7.982117656167747,
        8.107981330476248,
        8.254833822175124,
        8.143025130106048,
        8.382351150020023,
        8.213428388344967,
        8.369407476799683,
        8.43278436800693,
        8.250437516464018,
        8.257076825009262,
        8.204900730602574,
        8.415275026426412,
        8.502658279016877,
        8.657689957057395,
        8.821649148403115,
        8.934970410362725,
        8.955336053032747,
        8.929213309535916,
        9.010711809048663,
        9.046338494503182,
        8.780832518963486,
        8.872376646750393,
        9.063238430942771,
        9.004084752124754,
        8.923653568075885
      ]
    },
    "drawdown": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.0033407229082789147,
        -0.032084420943915504,
        -0.014174630631844098,
        -0.004162744530333162,
        -0.018506164597870023,
        0.0,
        0.0,
        0.0,
        -0.0021284017133237354,
        0.0,
        -0.014553193120156238,
        -0.0028200935446575093,
        -0.01383819479976367,
        -0.017798765828917706,
        -0.010641161828604306,
        -0.00831203934628888,
        0.0,
        0.0,
        0.0,
        -0.01950726469925579,
        -0.0183918913868365,
        -0.015654880522595338,
        -0.0015150868701904185,
        0.0,
        0.0,
        0.0,
        -0.014298082095754339,
        -0.010600287740264891,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.0013626966047933786,
        0.0,
        -0.0013390732257432258,
        0.0,
        0.0,
        0.0,
        -0.008074812710064716,
        -0.011470202363582094,
        -0.0003124099611495623,
        0.0,
        0.0,
        -0.0016866660191818816,
        -0.0016246208087634662,
        0.0,
        0.0,
        -0.0017820346667882792,
        -0.008667588394868586,
        -0.006843694554627855,
        0.0,
        -0.006223491458098529,
        0.0,
        -0.04544464303295248,
        -0.12446897951006719,
        -0.11681969336117681,
        -0.05938213081174859,
        -0.06860731246926999,
        -0.10349448442171694,
        -0.046667874446241764,
        -0.011587791869586805,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.019225301435031095,
        0.0,
        0.0,
        -0.03126611907429,
        -0.004156366058778338,
        0.0,
        0.0,
        -0.06872408489899329,
        -0.10863452435973064,
        -0.09577050104011586,
        -0.12929119719624027,
        -0.10336652640852806,
        -0.07005589138521284,
        -0.07007951480677888,
        -0.009776046341095967,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.009570678772109265,
        -0.02309567921819289,
        -0.035020205859401576,
        -0.08285997685268931,
        -0.10455460138950512,
        -0.05695784446341545,
        -0.05432587267670719,
        -0.04917763942226472,
        -0.016619328335513384,
        0.0,
        0.0,
        -0.0066756798737162,
        -0.0663307417412059,
        -0.02844117924188727,
        -0.016948125130496372,
        0.0,
        0.0,
        -0.018197982289506198,
        -0.012641251058191694,
        -0.0038198075029373113,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.013344321939636972,
        0.0,
        -0.029256430487790253,
        -2.7987734425471977e-05,
        0.0,
        0.0,
        0.0,
        -0.026573529596688017,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.011942259466572569,
        0.0,
        -0.015077182876566675,
        0.0,
        0.0,
        -0.003536356767450899,
        -0.022522191228446897,
        0.0,
        -0.014309816861094893,
        -0.004997161123705851,
        0.0,
        -0.01856012559198328,
        0.0,
        -0.05119172312304454,
        -0.05988920133368414,
        -0.04399130077019631,
        -0.042002327653566596,
        -0.05691147179895595,
        -0.05555228663666434,
        -0.046734333954027485,
        -0.017849951831615085,
        -0.014727374972802298,
        -0.0006068839970084783,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.01620729655584774,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.028755677551561498,
        -0.04439172021432569,
        -0.04117092247720977,
        -0.024460888796347557,
        -0.018531787797053223,
        0.0,
        0.0,
        0.0,
        -0.05035231721544409,
        -0.046284629971231284,
        -0.0429112759896082,
        -0.028458327292173458,
        -0.02870132798979963,
        -0.011029536805140405,
        0.0,
        -0.04529049207113778,
        -0.028513368326686828,
        -0.01690293968147194,
        -0.024796970480681635,
        -0.010678608356380792,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.06682555273167368,
        -0.10453742460132365,
        -0.057315438816650466,
        -0.040682730835917,
        -0.024733693151360203,
        0.0,
        0.0,
        -0.037443651948556256,
        -0.06124235141381351,
        0.0,
        0.0,
        -0.009829298389941177,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.04305812219301741,
        0.0,
        -0.0059248857767895124,
        0.0,
        -0.048803040923541596,
        -0.0701792330835227,
        -0.07602921091761206,
        -0.10688840253348753,
        -0.11452460033514233,
        -0.14487438108668005,
        -0.10629330757181987,
        -0.13188457767893647,
        -0.19118319999618594,
        -0.17972582994456088,
        -0.16469108010086608,
        -0.17629633985051285,
        -0.15920721114444236,
        -0.170993116774254,
        -0.1472011520574633,
        -0.13830563057003864,
        -0.13904179855098675,
        -0.10542066855690813,
        -0.08734002324517409,
        -0.09919753344271875,
        -0.13114415876810592,
        -0.14335287097148963,
        -0.11998293149986328,
        -0.08968703026843705,
        -0.08016242635515503,
        -0.05782615930671253,
        -0.03864023333910216,
        -0.06625670545653262,
        -0.03607517374570002,
        -0.016372929358187016,
        -0.0014971333120951114,
        0.0,
        0.0,
        -0.01354463269372208,
        0.0,
        -0.02015219341826935,
        -0.0015441578369463915,
        0.0,
        -0.021623563888899633,
        -0.02083624285049701,
        -0.027023534275217753,
        -0.002076341670367632,
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        -0.00291700315232557,
        0.0,
        0.0,
        -0.029349551279893582,
        -0.01923008384646374,
        0.0,
        -0.00652677067570695,
        -0.015401212704537315
      ]
    },
    "rolling_sharpe": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        null,
        null,
        null,
        null,
        null,
        null,
        null,
        null,
        null,
        null,
        null,
        2.835456646642061,
        3.2610429297524504,
        2.1757562478253543,
        2.0653073759025773,
        2.1712959534529643,
        1.7921286264361314,
        1.851532163980318,
        1.8045373595712073,
        1.5806238081133832,
        1.4075982397492137,
        1.3340823718275046,
        0.7538031887701625,
        0.6869401394855008,
        0.5420711055476213,
        1.14394166365485,
        0.9613524739217417,
        0.8071057154468426,
        1.5174037611019768,
        1.1915080618939693,
        1.2951252328603635,
        0.437154906598309,
        0.5131690680318841,
        0.014113431698575095,
        0.8382645916353146,
        0.6267760286035446,
        1.0847289585729214,
        1.4361281571858815,
        0.6178523126358891,
        0.6575061102152313,
        0.659315115992257,
        0.9304571395188594,
        1.1446759594099534,
        2.54945939888039,
        2.96024198702533,
        2.751847774037843,
        2.654043481681068,
        2.436385244617504,
        2.690788067505743,
        2.894498185068022,
        4.811214310514298,
        3.6961565744834686,
        2.9574652975420657,
        2.8780737928692237,
        2.8798318105935734,
        2.8153852866329125,
        2.3223826728721164,
        2.3787352333165317,
        2.483514654260785,
        2.850921652181852,
        2.5418224509810003,
        1.8762757098760032,
        1.6627373415727766,
        2.234656292764917,
        2.130152542682787,
        2.0838757123775085,
        0.343438885473702,
        -0.6930751518893832,
        -0.5889216719817653,
        0.017018876288216724,
        -0.3537721979226762,
        -0.7376598529984341,
        -0.18865988606872533,
        0.11073990332245326,
        0.33826031458028066,
        0.25957736867383274,
        0.5646489528837574,
        0.7273306297788711,
        1.3168044619029105,
        2.3106665286959216,
        2.6476949180750786,
        2.4192181477236745,
        2.0661171094699227,
        3.0834805802907637,
        3.094912136374157,
        2.9128474759295977,
        1.3408848979987225,
        0.9252805960890115,
        0.7485978127703947,
        0.2184570743220595,
        0.18052027006262134,
        0.5691783366685353,
        0.15563773469945374,
        0.45610786320791785,
        0.8478143406969479,
        0.8725972238235306,
        0.5256207070061786,
        0.6010273146291685,
        1.294507035740575,
        1.779258936965428,
        1.4439153617310028,
        1.2256391394548927,
        0.7000072887250554,
        0.8032081711709117,
        0.8290277393222872,
        0.36883151000900793,
        0.48644786562326076,
        0.5734585229835449,
        0.8437154836531253,
        0.5260261844210358,
        0.0393276012076726,
        0.4606120224258068,
        0.6544083163118165,
        1.4108454187725377,
        1.97415315366935,
        1.3234651874176064,
        1.3544161770207335,
        1.3908845534973036,
        1.4796757636669207,
        1.2571354553289298,
        1.2951391924500155,
        1.5695480994378883,
        3.8438053943092463,
        2.8161559232345392,
        3.0377745569031136,
        1.9511604841911276,
        1.9876931938783027,
        2.792963931378813,
        3.0818478689984357,
        3.2743650076867343,
        2.1533169026112957,
        2.381103536536447,
        2.0900017070344377,
        1.9619227812627695,
        1.95460049161249,
        2.4515696891590677,
        1.8006958519467926,
        2.9705307793337123,
        2.1770266075146,
        2.0560883176399893,
        2.0311838272757585,
        1.6636739091081816,
        1.867642463489036,
        1.8700718228158826,
        1.4894118684963098,
        1.5079829689741047,
        1.3635878746788326,
        0.8312731128369452,
        1.2472372822308069,
        0.11649551369153512,
        0.18271472898890168,
        0.13667254791976163,
        -0.10461334613863307,
        -0.23996810420119255,
        -0.006940142351044609,
        -0.5879998095876469,
        0.057598301324471114,
        -0.02622044174549571,
        0.03373045538682352,
        0.37896435844370635,
        0.5371263062193062,
        1.8783680821126394,
        2.2024797389685458,
        1.3531919085552813,
        1.724742006919752,
        2.551492272997074,
        2.8867974740882727,
        3.1120199530764614,
        2.656529580840401,
        2.8003968504016967,
        2.7455032083008057,
        2.6662288257485454,
        2.6009663519650412,
        2.7238054455478795,
        3.087308308385301,
        5.139445343710023,
        5.405940738277308,
        5.243184777902936,
        4.562696431921068,
        2.224888748180383,
        1.7452528361997222,
        1.6494045627783924,
        1.7312871862057182,
        1.780450045013823,
        1.8534890786557028,
        2.110505858538625,
        1.880670010426171,
        0.6109850320062045,
        0.40779852300135616,
        0.3173380857046339,
        0.027851805348681685,
        0.4411459946272084,
        0.9571262171198144,
        1.2848228382176627,
        0.34531280428730743,
        0.4681614154509178,
        0.34953063689805947,
        -0.0069522708395602,
        0.15041534171840928,
        1.2090989723702248,
        1.5062008060802696,
        1.764962253884562,
        1.6051414553260588,
        0.4714507714249828,
        -0.07856602263407496,
        0.0990201012997014,
        0.6759344286820601,
        0.6679990245145943,
        0.9847707802181302,
        1.4791400891701365,
        1.0132874012062434,
        0.6972671473220488,
        1.013165696120726,
        1.0766995822752194,
        0.9922635810887568,
        1.735645042548262,
        2.502628191286214,
        2.4805714632371214,
        2.3825556565584467,
        2.4176185537821224,
        2.2387301969475297,
        2.059042364315228,
        1.9710262985671045,
        2.7279837177151465,
        2.3631787530585013,
        2.3884457745068244,
        1.6899814598569742,
        1.2226252434088498,
        0.8595289240264351,
        0.1964391471120262,
        0.06678892155324907,
        -0.3818893944299515,
        -0.20530278771663288,
        -0.6463361791243146,
        -0.7830758752300779,
        -1.3177911485296447,
        -1.0758920222371378,
        -1.7369702623646226,
        -1.100708523922404,
        -1.0288444109456174,
        -0.6577516379345738,
        -0.27581215471149795,
        -0.20586530016591295,
        0.461505010231318,
        0.2526452509763007,
        0.421541008312702,
        0.9890818110880808,
        0.5980717774113967,
        0.6931949077653964,
        1.2626826556305055,
        1.1515306554660796,
        1.6705380273665986,
        1.5976182065306037,
        0.9723938198555588,
        1.3105634538535003,
        1.1655562532756043,
        1.1137740005167118,
        1.5084517733281226,
        2.7456529592331074,
        2.7642024055730614,
        2.7760715368365534,
        1.7911333336514283,
        1.899552686905619,
        1.6957401610437266,
        0.9995605347677314,
        1.620075203728513,
        1.0833946107788561,
        1.1393437478425332,
        1.0725490021833706,
        1.103976694662962,
        1.1140363215858946,
        1.6364712455772508,
        1.2745718351069608,
        1.8337913668716632,
        1.6844646333364155,
        1.6020905638304606,
        1.270471830068191,
        1.4631288746104913,
        2.010993550661004,
        1.4206829559294236,
        0.9858952915871988
      ]
    },
    "yearly": {
      "labels": [
        "2003",
        "2004",
        "2005",
        "2006",
        "2007",
        "2008",
        "2009",
        "2010",
        "2011",
        "2012",
        "2013",
        "2014",
        "2015",
        "2016",
        "2017",
        "2018",
        "2019",
        "2020",
        "2021",
        "2022",
        "2023",
        "2024",
        "2025",
        "2026"
      ],
      "values": [
        0.14740063237685885,
        0.07753215025678584,
        -9.366257367504627e-05,
        0.09664877712868258,
        0.09580839944051167,
        -0.005430406927593667,
        0.29634311236879896,
        0.05796199447025341,
        0.03168077211064091,
        0.1458703026950563,
        0.30270859085344837,
        0.12443386269877088,
        -0.024358518025757725,
        0.13798446724930757,
        0.17429805444757895,
        0.023905171294377636,
        0.1326777579195404,
        0.19326373929517748,
        0.26260438893314175,
        -0.17629633985051274,
        0.10514619974659056,
        0.1286646826085207,
        0.08714812954437612,
        -0.0006226462810661193
      ]
    },
    "spy_equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        1.002140073164859,
        1.0869327390501864,
        1.1465362147844713,
        1.1587488189732875,
        1.1796377924961499,
        1.2039683738995905,
        1.1908375707986674,
        1.2545797351920682,
        1.2682809210018569,
        1.3320921934332606,
        1.3584274596995651,
        1.3768619253816652,
        1.358624576239098,
        1.3329179034442082,
        1.3557423158517357,
        1.3808248092614706,
        1.336336889132706,
        1.3395918639286184,
        1.3530375844961293,
        1.3704714319992428,
        1.431481001117523,
        1.4745986233430541,
        1.4415371172582017,
        1.4716707047509434,
        1.444749468533669,
        1.4176822915894347,
        1.4633662911543712,
        1.46558312803809,
        1.5216583004788529,
        1.507394180730762,
        1.5194911220655556,
        1.4835542526031216,
        1.548760238352382,
        1.545796317369216,
        1.5829171275306082,
        1.5919800742628636,
        1.6182539571421197,
        1.6386953147302132,
        1.5893363124737185,
        1.593481967112713,
        1.600618854893605,
        1.6355477953466848,
        1.6797094869128213,
        1.7326481751857044,
        1.7671032910668487,
        1.790731618934417,
        1.8176643041879275,
        1.7820067636216126,
        1.8026583420678224,
        1.8825086107442868,
        1.9463636102177002,
        1.9179051684604993,
        1.857855387223304,
        1.8816973844538787,
        1.9545452570401756,
        1.9810613629029303,
        1.9043307496904804,
        1.8828858771792922,
        1.7690453510809039,
        1.723328107928824,
        1.707918670736547,
        1.7893217321950428,
        1.8163697354520867,
        1.6645647569559285,
        1.649607625665071,
        1.6750996635155848,
        1.5173494625884474,
        1.266703712805203,
        1.1785330294694751,
        1.1900783479620067,
        1.0923558578407662,
        0.9749831661233782,
        1.0562103538324654,
        1.1611402881446546,
        1.229012657875141,
        1.2282077768337312,
        1.3198395176176192,
        1.368594341817323,
        1.417120461172698,
        1.3898758931369035,
        1.4755013039831548,
        1.5036853826912786,
        1.449037753334929,
        1.4942399277965845,
        1.5852084521199585,
        1.6097315980364773,
        1.481831517500094,
        1.4051596668109758,
        1.5011332131920219,
        1.4336120391995697,
        1.5619982209852978,
        1.6216700460865099,
        1.6216700460865099,
        1.7300819357864947,
        1.7703935785528384,
        1.8318915939037888,
        1.8321124361569672,
        1.8851729256225778,
        1.86403124566135,
        1.8325854330877287,
        1.7959253431796887,
        1.6971935446471378,
        1.5793731680248835,
        1.7517568925439673,
        1.7446384887492876,
        1.76286687177914,
        1.8446187839923442,
        1.9246852049553365,
        1.9865911094647186,
        1.9733292631779618,
        1.85481904763744,
        1.9300901156400945,
        1.9529221147583808,
        2.001847433039864,
        2.0525957689465866,
        2.0152426674957797,
        2.0266483905103496,
        2.0447552482278653,
        2.14942771716494,
        2.176850641873664,
        2.2595092349926413,
        2.302919842193657,
        2.357289797936235,
        2.3258333639675515,
        2.4460253463730037,
        2.3726640603786304,
        2.4477493229377925,
        2.561097264597642,
        2.6370016160383623,
        2.705370294592669,
        2.610010306201716,
        2.728806609707942,
        2.7514445269709986,
        2.770571314494887,
        2.8348657914315276,
        2.8933918852679663,
        2.854511509971317,
        2.9671598189590105,
        2.926224134747707,
        2.9951398841178207,
        3.0774217625625755,
        3.069614899251585,
        2.9786654106752053,
        3.14607956376689,
        3.096667730415475,
        3.127120787401259,
        3.1673240091738495,
        3.1029884260589156,
        3.173082184699576,
        2.9796828575580565,
        2.903653256419719,
        3.1506382113515534,
        3.16215318300105,
        3.1075040363025486,
        2.9527916923034265,
        2.9503529096449643,
        3.1488107796400544,
        3.161221810800262,
        3.214998347821307,
        3.2261739865895915,
        3.3438358699270845,
        3.347840825566552,
        3.3480344936011948,
        3.28998981104745,
        3.411187377478931,
        3.480339280463936,
        3.5426184511426504,
        3.681812523135156,
        3.686414759821634,
        3.7230078107946056,
        3.7755492313041192,
        3.799617864276088,
        3.8777157407074676,
        3.88902987143215,
        3.9673928689194997,
        4.06087962945401,
        4.185004562716818,
        4.235759933573517,
        4.474482822548833,
        4.311789258831463,
        4.193601271587896,
        4.215274711003217,
        4.317744412956526,
        4.342575579329851,
        4.503451918910196,
        4.647199672640323,
        4.674832956147358,
        4.35178115622437,
        4.4325037586979,
        4.042227907963813,
        4.365871747206378,
        4.507394525581246,
        4.588981461320495,
        4.776450739452553,
        4.471852854779247,
        4.783033797348052,
        4.855350876061625,
        4.774054442374339,
        4.866947784187316,
        4.97452899802931,
        5.15459833642744,
        5.304368283217699,
        5.302225796099417,
        4.882471573801757,
        4.272790806727365,
        4.81536477215693,
        5.0447946301537065,
        5.134260433986058,
        5.436628653337453,
        5.816087785692242,
        5.598312218942533,
        5.45872556915331,
        6.052510108085102,
        6.2767445865542575,
        6.212781166087091,
        6.385530845945139,
        6.6754292716129955,
        7.028629556569851,
        7.0747810354577245,
        7.233450883669022,
        7.410036404486715,
        7.630558636411497,
        7.274932811054957,
        7.785367814427938,
        7.722813590999169,
        8.07997551837407,
        7.653828043890076,
        7.427909039752078,
        7.707128687236252,
        7.030680451398245,
        7.046550195023286,
        6.465488156213399,
        7.060878870782924,
        6.772781392309009,
        6.1466653268075575,
        6.646239470938647,
        7.015714491934869,
        6.611410675067584,
        7.02718559860216,
        6.85050186436519,
        7.104503837047927,
        7.217998271195519,
        7.251318001326562,
        7.721201897753614,
        7.973941993526871,
        7.8443493867903005,
        7.472257916163665,
        7.310044660207425,
        7.977772316878691,
        8.342000092833741,
        8.474858019880896,
        8.917135117318471,
        9.208742346129599,
        8.83744927335518,
        9.284443373721983,
        9.612000576314127,
        9.728394513373532,
        9.955704506444105,
        10.164817428909231,
        10.074112370359481,
        10.67486730325606,
        10.41802928015149,
        10.69781834476316,
        10.562012359855336,
        9.973504309286184,
        9.887033462981012,
        10.508381211800469,
        11.048368522681873,
        11.30282845681405,
        11.534758894676923,
        11.945629768377017,
        12.230384680030804,
        12.25423288457018,
        12.264005671549068,
        12.444750365144925,
        12.337202256949878,
        11.727996555909181,
        12.960054105662312,
        13.64208671237957,
        13.501674628459789,
        13.359926179924896
      ]
    },
    "catalog_ex_equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.9918750965080816,
        1.0236005819685414,
        1.080151721273303,
        1.0811664478942924,
        1.08879882554304,
        1.118513837414451,
        1.1239843547726647,
        1.1747896490158256,
        1.189281339429854,
        1.2492979161073359,
        1.2710712001825033,
        1.2921440159616837,
        1.3004203536766266,
        1.2412777518875433,
        1.2508997988724875,
        1.2761180075438587,
        1.2426763575763657,
        1.265870442334952,
        1.2822955651485235,
        1.3088982283205064,
        1.3609881921452358,
        1.3980985718670749,
        1.3700235331960557,
        1.4056395464021978,
        1.3760955248152962,
        1.367101753870351,
        1.396481511471964,
        1.409704763590898,
        1.4433477590876072,
        1.4456035653964334,
        1.472074814493324,
        1.4361865497656587,
        1.4845400162362516,
        1.5104501190206743,
        1.5789677102595712,
        1.5678399703445065,
        1.598788267662835,
        1.6355195948886139,
        1.5898056784335302,
        1.5853961220446007,
        1.5976141869247025,
        1.6249450608190932,
        1.6432382939194092,
        1.6881287260217113,
        1.7364971339637514,
        1.7453673216682255,
        1.7698905035498422,
        1.75947731342557,
        1.7749546509322798,
        1.8324645835041906,
        1.8680024876922987,
        1.851654939384034,
        1.8320413256518193,
        1.848954510718099,
        1.9226580552585868,
        1.9986546546345914,
        1.9521841803203492,
        1.957406033179861,
        1.9577046425323386,
        1.97452337365009,
        1.9745862112282317,
        1.9755705898414824,
        1.9813388658267481,
        1.9557595396088143,
        1.9451497778414397,
        1.9474174279062244,
        1.910950578939858,
        1.8214644758446243,
        1.8831225171563004,
        1.983444420048455,
        1.8871092302914025,
        1.8358660075965187,
        1.8897705701917225,
        1.9082087695477168,
        1.9583755838448256,
        1.9507921638460641,
        2.0516597658564457,
        2.100238447011481,
        2.1824071644035645,
        2.144930948491533,
        2.26274938734884,
        2.277811667195485,
        2.203740555055809,
        2.255591766415103,
        2.3631965748557615,
        2.4157743740938775,
        2.293056191872277,
        2.276215516705752,
        2.3284327181423152,
        2.3278800189665603,
        2.400961551103379,
        2.472140191575257,
        2.455698919715835,
        2.5641482531400412,
        2.590510252337781,
        2.6715758747146223,
        2.672900777103366,
        2.765227594275343,
        2.7375227509693243,
        2.685075045971036,
        2.7047388580602,
        2.7066740354841436,
        2.675955757482215,
        2.744147520188145,
        2.74175152362736,
        2.7576979447901135,
        2.8518108373612883,
        2.9145434872212266,
        2.958570745406503,
        2.9595405336908494,
        2.875330875687747,
        2.923748016188418,
        2.968849575569153,
        3.0140530936656065,
        3.0511441819264467,
        2.99726528955975,
        3.0148766015589907,
        3.041655986008038,
        3.124035651944164,
        3.138550027148816,
        3.2200532078519024,
        3.2913383506346174,
        3.2616121159765554,
        3.1992907485177042,
        3.311290513590105,
        3.2501759735917894,
        3.3425220831063602,
        3.449475992670036,
        3.5006501259867235,
        3.553366752636441,
        3.489232924375544,
        3.613387692731518,
        3.6041186346623073,
        3.6292045029038413,
        3.7056361783689926,
        3.7729610461546854,
        3.7338268704567947,
        3.8569864700061727,
        3.7712779699399825,
        3.847720554598519,
        3.940823530681931,
        3.941088577297668,
        3.9885965258090206,
        4.048807451129912,
        4.018808268629961,
        4.022164393678502,
        4.045798800467093,
        3.9650201127650306,
        4.026603213402754,
        3.871868880683738,
        3.862625162743833,
        3.950226008543981,
        3.9423519167750385,
        3.8937005346499545,
        3.8444333708380682,
        3.8934761921843775,
        3.978392909204649,
        3.9814432157569897,
        3.998410015979423,
        4.07549047033627,
        4.182112093732069,
        4.161803894011118,
        4.177901442055798,
        4.088839295131384,
        4.097140861612262,
        4.156371439897716,
        4.231493067673692,
        4.352851041498883,
        4.3663390367972035,
        4.42266880441377,
        4.497685684449545,
        4.493526424056057,
        4.586202260707342,
        4.62986545459444,
        4.66264444719811,
        4.758359387660524,
        4.840979160088038,
        4.8976703011749345,
        5.128682223741114,
        4.958974803898655,
        4.913349464283413,
        4.921870596085427,
        4.996788603080314,
        5.00704816047854,
        5.084968298405004,
        5.2095136724956905,
        5.196740042697517,
        4.938185043626257,
        4.980656566448033,
        4.8578363913780995,
        4.988356285208213,
        5.018229545080611,
        5.119894238408814,
        5.236192290727544,
        5.063284260996999,
        5.248731908640473,
        5.296764582388585,
        5.3896026589528345,
        5.391327471673569,
        5.4709034548201405,
        5.551040111331176,
        5.66828612151687,
        5.71607072409585,
        5.505326586867153,
        5.363858500485856,
        5.575509947089942,
        5.654598071802736,
        5.750369641228993,
        6.039814494243624,
        6.281059207578398,
        6.096740955755008,
        5.974777071065844,
        6.414336068142416,
        6.67634870022324,
        6.647492992934804,
        6.766800621672528,
        6.891591716492723,
        7.169525522412894,
        7.241205772141054,
        7.361838217543836,
        7.4858290548376685,
        7.6260995113908585,
        7.3416193833318575,
        7.69525468429537,
        7.618187270165824,
        7.813536236308833,
        7.528785506046402,
        7.464815747938345,
        7.559214855042409,
        7.238387334067913,
        7.237818605679415,
        7.0406347538675895,
        7.212720028547486,
        7.055705320630153,
        6.7875349169262,
        6.914536673673951,
        7.1153288519634295,
        6.948114215973629,
        7.214875501690477,
        7.000552763034297,
        7.1964791158869215,
        7.274806303430785,
        7.273891610663061,
        7.503939022965652,
        7.68256614061897,
        7.5521720176096405,
        7.291572135179344,
        7.188055269156505,
        7.528317757267068,
        7.838258906822185,
        7.847583338873615,
        8.075711987528429,
        8.308688562783713,
        8.030822240027467,
        8.300160159377555,
        8.496299306021955,
        8.623663816695501,
        8.768338299101975,
        8.96430469108376,
        8.817213756280458,
        9.137017993307442,
        8.880894688940087,
        9.075738977470818,
        9.049944677604858,
        8.856843719293083,
        8.873738944092546,
        9.023795030459846,
        9.317271237434761,
        9.378853741223283,
        9.581282407881035,
        9.962341692868602,
        10.176656196084963,
        10.219280080316084,
        10.246757997438218,
        10.609448309666838,
        10.879228667714331,
        10.355392135586229,
        10.816249597772373,
        11.167776409948182,
        11.024027835784509,
        10.873566597310635
      ]
    },
    "mix_equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.9912799462750611,
        1.0199387118451309,
        1.075484736656103,
        1.0768748769612362,
        1.083767057161616,
        1.1125403041421986,
        1.1178090509683671,
        1.167170049579843,
        1.1809714964080302,
        1.2387940533774007,
        1.2603285113228835,
        1.2812145227534553,
        1.288172204180469,
        1.2317301050659404,
        1.2426024649398715,
        1.266410272862936,
        1.2347176881119195,
        1.2587116552558153,
        1.273514486466282,
        1.2986871835795897,
        1.3449260079846324,
        1.3812745137838318,
        1.3543008410882418,
        1.3875998708919421,
        1.3598183015764294,
        1.3512735296642444,
        1.378393884891026,
        1.3904651654534443,
        1.4224195414504348,
        1.4250598515982538,
        1.4492073724934231,
        1.4145826716171594,
        1.4576070866943682,
        1.480909541410006,
        1.5434966238922505,
        1.534253979166445,
        1.5616804950742638,
        1.5948392918926795,
        1.5524397913967505,
        1.5491468537097048,
        1.5622323028973282,
        1.588883141516455,
        1.6073280300188066,
        1.6497282423170199,
        1.694915661613589,
        1.7024767031655939,
        1.7255639624197188,
        1.716195742228886,
        1.7311896555734627,
        1.7862797496650165,
        1.8195783397433256,
        1.8037776699463848,
        1.7859644041031342,
        1.8028192961053418,
        1.8723439442614944,
        1.9413811616526455,
        1.9004287816728371,
        1.9050156650182852,
        1.9120496437920016,
        1.9290732014341023,
        1.9287846859496303,
        1.9283196308986692,
        1.933741692281056,
        1.9138852705677079,
        1.9033498267283515,
        1.9070460572068635,
        1.8662397761260572,
        1.7721366777413488,
        1.8276743773432953,
        1.9271917947646384,
        1.841058968893602,
        1.7891694330518781,
        1.8477905194776663,
        1.8708156421852984,
        1.922040623062276,
        1.9156035626048085,
        2.012985582739602,
        2.0632309212562787,
        2.1431952670036902,
        2.105952325918299,
        2.2230360160208935,
        2.2406004471639966,
        2.168020007326954,
        2.219996829178546,
        2.327435780802679,
        2.378069192197568,
        2.2530036018759487,
        2.228456338681334,
        2.277681835928676,
        2.268751653273748,
        2.3396094122180484,
        2.4107250657994292,
        2.3962894010985023,
        2.5070719594391218,
        2.535590973444782,
        2.6151161607160063,
        2.616637629104831,
        2.705349738372252,
        2.6783661012265187,
        2.6285257061785834,
        2.642641923378979,
        2.6312424538718,
        2.5981423638262675,
        2.671540552520391,
        2.670186821673372,
        2.685617638172994,
        2.777301486377547,
        2.8441929699756106,
        2.8920091663233785,
        2.890931726675468,
        2.7995382141057354,
        2.8533259134575313,
        2.896314964135033,
        2.9432601177667754,
        2.983319418937475,
        2.930477296890263,
        2.9476328585809837,
        2.9738302752379404,
        3.0615419408581364,
        3.0782495555520577,
        3.1618817200798617,
        3.230954069963616,
        3.2123192963247615,
        3.1527911211717905,
        3.267241090578005,
        3.2034109182401003,
        3.294971826661865,
        3.4038695723047727,
        3.4583009809633167,
        3.512567174868722,
        3.446175341897924,
        3.570578727725715,
        3.5647889161346566,
        3.5899867238294485,
        3.666210146998459,
        3.7330281968855252,
        3.6937221345380316,
        3.816493695899392,
        3.734411682151857,
        3.810463000969139,
        3.9023764544189246,
        3.9012326495950838,
        3.9361243015989125,
        4.008901320001487,
        3.97643150336417,
        3.9831770397250446,
        4.008163199129891,
        3.9286994703866713,
        3.9912528086219936,
        3.8327825993180613,
        3.821033824541744,
        3.9054872802369465,
        3.8992933940748933,
        3.8499169856029254,
        3.8066299862990243,
        3.853888606041479,
        3.941214043924543,
        3.9451867057779104,
        3.96597183744728,
        4.037308169374606,
        4.14589173201699,
        4.128115272304557,
        4.142828736840174,
        4.0566312933527096,
        4.07634659467025,
        4.136281411499954,
        4.210261092956495,
        4.332842670489566,
        4.345399438543821,
        4.3996909999554035,
        4.471841679501891,
        4.469634836034177,
        4.5599830513595005,
        4.601219706188073,
        4.637092164722829,
        4.731228257281756,
        4.816098612809806,
        4.872365080515392,
        5.098677367854176,
        4.932172668822377,
        4.883391503544655,
        4.892659668418822,
        4.968212408321383,
        4.98041276837173,
        5.061799229333693,
        5.1851977888213865,
        5.174185405709558,
        4.916442635043601,
        4.956604598554362,
        4.848353421770584,
        4.9729134915551985,
        4.999591810983169,
        5.099846458701185,
        5.220352284917722,
        5.041562583471224,
        5.216608991873625,
        5.265808301156524,
        5.3446459312749965,
        5.353922948700322,
        5.434671154710344,
        5.522571492461511,
        5.640908737223861,
        5.68581960956934,
        5.45915786978185,
        5.3108425344587,
        5.52745267424416,
        5.607771093765312,
        5.702574857545313,
        5.994430588982443,
        6.251758553620379,
        6.063237107156358,
        5.939081789102677,
        6.395155858054843,
        6.653732043131375,
        6.621309730689079,
        6.745672209763167,
        6.8855891456068115,
        7.168240648299526,
        7.237789939983526,
        7.361395250054997,
        7.491183985945553,
        7.638074347337757,
        7.348752085370566,
        7.712711822142104,
        7.638624107002467,
        7.846836405686985,
        7.551173590579353,
        7.476459899045655,
        7.556847797671623,
        7.242954745133566,
        7.23624976435394,
        7.034020427317406,
        7.2204873706283825,
        7.058346105390693,
        6.768688751263523,
        6.8922612136912775,
        7.085024779042684,
        6.925329064343789,
        7.1789946723689075,
        6.977000250428016,
        7.1727642568239345,
        7.2505083130404975,
        7.249068409290177,
        7.483712729284483,
        7.659169391823145,
        7.532221089764469,
        7.2715880479529025,
        7.168460548455827,
        7.49341805157729,
        7.79686915632401,
        7.813374695069377,
        8.036768571878225,
        8.261802004513127,
        7.98940029223183,
        8.256378394862246,
        8.44884820261238,
        8.575613614359309,
        8.718617351876494,
        8.909778236927844,
        8.766133656608833,
        9.078053979103846,
        8.830736294098047,
        9.021875961307094,
        9.005630635253803,
        8.813217375768858,
        8.829057398024666,
        8.957848820671444,
        9.243015140368062,
        9.307595518793137,
        9.505367951440995,
        9.863605268815068,
        10.067247268063985,
        10.107490986789003,
        10.129002230109306,
        10.460917195365516,
        10.70445636458387,
        10.209160168496211,
        10.628718262472066,
        10.962471527172463,
        10.828321222301065,
        10.68563743379152
      ]
    },
    "sixty_forty_equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        1.0008668942265793,
        1.0519564775330958,
        1.1028245565151298,
        1.1071514172395882,
        1.0965784986009166,
        1.1133852471309773,
        1.1282026305716866,
        1.1574954830385986,
        1.1654219831124142,
        1.210219441380115,
        1.2297103422349063,
        1.2477237769230218,
        1.2445720529495314,
        1.2089277740991256,
        1.2188560840878948,
        1.2356780410188477,
        1.2177323508670634,
        1.2335544404839298,
        1.2427476421751291,
        1.2576174350684353,
        1.2807669693173813,
        1.3099508750332818,
        1.2968878650238536,
        1.3060225763124216,
        1.2896449596567885,
        1.2882747159207335,
        1.3227759318847672,
        1.3266218172725281,
        1.3450235198244922,
        1.3482396309930702,
        1.3453398896890982,
        1.3198993310199054,
        1.357899277920591,
        1.3638335435128532,
        1.3797102765725635,
        1.3840301083696553,
        1.3901573236275873,
        1.3972214184219667,
        1.3715085279859958,
        1.3752523285624005,
        1.3883669816526134,
        1.4163861710132684,
        1.4462493169901447,
        1.4766792489630034,
        1.5021796493950492,
        1.50653653033457,
        1.5177445832540744,
        1.5125652121608175,
        1.5225826186899143,
        1.5666234495147884,
        1.5895085230942183,
        1.5728244711662802,
        1.5576474214008367,
        1.5849271866862167,
        1.6225223398428559,
        1.6433342577072265,
        1.6323398645404963,
        1.6226096952843885,
        1.5850856028189126,
        1.5689950355927778,
        1.5708575427531681,
        1.6004931600019143,
        1.6039394110290437,
        1.5300771725384936,
        1.527343746478875,
        1.551651712798691,
        1.4666548658225413,
        1.3234000892768463,
        1.3130007601731144,
        1.3511111988554316,
        1.265374259903422,
        1.180339409815683,
        1.2580351195548334,
        1.3184866001222728,
        1.3538005593607951,
        1.351172302806936,
        1.4165191822254923,
        1.4528372814626171,
        1.4906428999399317,
        1.4736062645985235,
        1.5400547057100067,
        1.530231553944444,
        1.5112339850060155,
        1.5420166198852585,
        1.591054101630529,
        1.6170083657982064,
        1.5588668784908783,
        1.5298108588370531,
        1.5983740184247743,
        1.5764821971654766,
        1.6604916713391444,
        1.6984821663129377,
        1.6928672992891576,
        1.7360397650976056,
        1.7604585121255238,
        1.795817994170251,
        1.7957685977573568,
        1.8403948373228853,
        1.8465209744931406,
        1.8250981262933543,
        1.826405914549002,
        1.8039165834799507,
        1.7453734559296856,
        1.8504684381175622,
        1.852665373165008,
        1.8800602708919234,
        1.9388696452981138,
        1.9804774055477083,
        2.006072226947253,
        2.018571827377156,
        1.9676966539406817,
        2.0132010111693077,
        2.039376068022901,
        2.069228841431776,
        2.098050757891901,
        2.072181626910492,
        2.088016094466042,
        2.091696868964393,
        2.1444810849380116,
        2.171170928280171,
        2.2230546779815175,
        2.262896655631064,
        2.2665368888693163,
        2.225855473125759,
        2.29121359386343,
        2.237275372843198,
        2.2964822458995924,
        2.36745348671681,
        2.401156285176519,
        2.418103863634239,
        2.3959782445263893,
        2.4648373699069053,
        2.4720010862722663,
        2.490423282461962,
        2.5435601747059304,
        2.572858177621032,
        2.550256107196051,
        2.6299384935044827,
        2.597473095352856,
        2.651392539593947,
        2.7087843097396296,
        2.7071903161679263,
        2.705408247559051,
        2.768318089364176,
        2.7519971955178844,
        2.7614862902541213,
        2.778483640259514,
        2.7273047035946374,
        2.7815475021255556,
        2.6817857583571123,
        2.6590259291180462,
        2.786207727373875,
        2.7879699980087516,
        2.755165088002866,
        2.7090574385157526,
        2.7250897708176747,
        2.833587824892233,
        2.8389815703216694,
        2.8672613868358825,
        2.9101896627744477,
        2.9766598803754247,
        2.9668796350540783,
        2.9702861857571414,
        2.9217843973243016,
        2.9354737582156836,
        2.9698732003962975,
        3.0045938695930885,
        3.0839586154349337,
        3.0876341187012057,
        3.1200485512373857,
        3.15714661612174,
        3.162948692315922,
        3.2067168255992153,
        3.231427936360801,
        3.251697629416385,
        3.2951056582400047,
        3.351662448921716,
        3.3786418705952985,
        3.4618022142124665,
        3.3757340549794934,
        3.336893869092841,
        3.331191007091613,
        3.3934496727243726,
        3.4082601670045065,
        3.476443670975639,
        3.557218604600219,
        3.552785085803146,
        3.4015749546338037,
        3.4587932632843397,
        3.3123604881623248,
        3.4798404578426756,
        3.539946817827386,
        3.6167626479934425,
        3.69732729359878,
        3.598239887579614,
        3.7651998863595635,
        3.800189258032151,
        3.823882240220788,
        3.850593633782418,
        3.9054854106096206,
        3.9790268496458765,
        4.033463477387648,
        4.088829046832739,
        3.9404171667029173,
        3.730552074890885,
        4.019902784487152,
        4.141469507244667,
        4.190458965930933,
        4.352599588234765,
        4.515253811196972,
        4.421523157374722,
        4.333020685140359,
        4.617746742639248,
        4.71568680262181,
        4.6675704863279,
        4.700621159007547,
        4.782458667326117,
        4.953077004393335,
        4.981637940271173,
        5.069485401694188,
        5.1852852232513165,
        5.269469727417661,
        5.088950441508963,
        5.291802808241206,
        5.29076951940323,
        5.427141748623231,
        5.210745942575991,
        5.114304125150425,
        5.147342699669733,
        4.790844643198972,
        4.8146829449239155,
        4.560305248192934,
        4.86654206919976,
        4.673938583464924,
        4.327132509086883,
        4.511310556281614,
        4.729007006971257,
        4.53785631788934,
        4.77535773161147,
        4.641471787092777,
        4.817787269469409,
        4.880959632647909,
        4.867830947949182,
        5.03028408659226,
        5.115216318220926,
        5.051172250735633,
        4.844426488893245,
        4.7452535553577615,
        5.091223274482426,
        5.308114543832103,
        5.361086884093479,
        5.481842212715819,
        5.605653201297365,
        5.400914513704351,
        5.603410531382402,
        5.749307830303149,
        5.858582321394147,
        5.975409154597931,
        6.085135287383254,
        5.970774868117356,
        6.20856308149502,
        6.063849735011783,
        6.177144723214705,
        6.19910764260165,
        6.00128322560525,
        6.011557110533534,
        6.206729171199028,
        6.4378560609412006,
        6.511305910203311,
        6.635586201707945,
        6.794394292602013,
        6.912535617940131,
        6.949455127003622,
        6.932015008757204,
        6.987288402643325,
        7.020863086267137,
        6.748712629575297,
        7.162318887888051,
        7.385906468261489,
        7.349474341476216,
        7.2652976741390525
      ]
    },
    "histogram": {
      "status": "ok",
      "labels": [
        "-15.8%",
        "-14.3%",
        "-12.9%",
        "-11.4%",
        "-9.9%",
        "-8.5%",
        "-7.0%",
        "-5.6%",
        "-4.1%",
        "-2.6%",
        "-1.2%",
        "0.3%",
        "1.7%",
        "3.2%",
        "4.7%",
        "6.1%",
        "7.6%",
        "9.0%",
        "10.5%",
        "12.0%"
      ],
      "centers": [
        -0.15788231584493945,
        -0.14327381205992573,
        -0.12866530827491196,
        -0.11405680448989823,
        -0.09944830070488449,
        -0.08483979691987074,
        -0.070231293134857,
        -0.05562278934984326,
        -0.041014285564829514,
        -0.02640578177981577,
        -0.011797277994802027,
        0.002811225790211716,
        0.01741972957522546,
        0.0320282333602392,
        0.046636737145252946,
        0.06124524093026669,
        0.07585374471528043,
        0.09046224850029418,
        0.1050707522853079,
        0.11967925607032165
      ],
      "strategy": [
        0.0,
        0.0,
        0.0,
        0.0,
        0.0,
        1.0,
        3.0,
        5.0,
        10.0,
        16.0,
        37.0,
        68.0,
        75.0,
        41.0,
        16.0,
        7.0,
        1.0,
        0.0,
        1.0,
        0.0
      ],
      "spy": [
        1.0,
        0.0,
        1.0,
        1.0,
        2.0,
        7.0,
        4.0,
        10.0,
        10.0,
        19.0,
        30.0,
        39.0,
        61.0,
        40.0,
        24.0,
        15.0,
        6.0,
        6.0,
        4.0,
        1.0
      ]
    },
    "bootstrap_short": {
      "status": "ok",
      "horizon_months": 6.0,
      "n_paths": 400.0,
      "n_starts": 275.0,
      "p_beat_spy": 0.26,
      "median_excess": -0.009555514774817864,
      "p10_terminal": 0.9584922119219165,
      "p50_terminal": 1.0493577541089016,
      "p90_terminal": 1.1230582521590966,
      "labels": [
        "1",
        "2",
        "3",
        "4",
        "5",
        "6"
      ],
      "strategy_bands": {
        "p10": [
          0.9797006695346676,
          0.9740227581808281,
          0.9649797941405984,
          0.9652268700701063,
          0.9690427716507791,
          0.9584922119219165
        ],
        "p25": [
          0.9986373033952066,
          1.0026483809676,
          1.0031377231350298,
          1.0047456161714492,
          1.0067055689317652,
          1.0120238438547995
        ],
        "p50": [
          1.0117136154300932,
          1.0189717576208286,
          1.0270612268272437,
          1.033929391863083,
          1.0416867475061051,
          1.0493577541089016
        ],
        "p75": [
          1.0233498080976668,
          1.0381807172899278,
          1.052292053274183,
          1.0633128911926566,
          1.0749930752710017,
          1.0874943873301506
        ],
        "p90": [
          1.0368326806660082,
          1.0548194183124648,
          1.0761773310234881,
          1.0998968367422732,
          1.1072204244693313,
          1.1230582521590966
        ]
      },
      "spy_bands": {
        "p10": [
          0.9550198653929757,
          0.9458207430822316,
          0.9504855279464411,
          0.9469626604529519,
          0.9397374802502761,
          0.9471098226105883
        ],
        "p25": [
          0.9910583265476957,
          0.9951277705600596,
          1.0030696775107708,
          1.0050070304158754,
          1.0158359170690985,
          1.0220157388113027
        ],
        "p50": [
          1.0162151447333032,
          1.029473551223641,
          1.0391918294287468,
          1.0454591132933604,
          1.0573476172265956,
          1.0631538049852032
        ],
        "p75": [
          1.0348727429257818,
          1.0541891426379495,
          1.0722362537323658,
          1.0827021877610203,
          1.0996937248322507,
          1.112108731564906
        ],
        "p90": [
          1.056204417082795,
          1.0759791039145636,
          1.103983949251532,
          1.1191245198001836,
          1.134392462627833,
          1.1631469025283776
        ]
      },
      "cdf": {
        "x": [
          -0.15491407504252708,
          -0.10166377792383083,
          -0.07467713342514792,
          -0.06261928754529272,
          -0.05931488133710272,
          -0.05652534434449452,
          -0.04839798478217179,
          -0.042158750482369056,
          -0.039717247320375605,
          -0.03621308770121131,
          -0.033612284403684245,
          -0.03048762158488925,
          -0.02537296231573021,
          -0.023085086854469274,
          -0.020809967765559424,
          -0.018193284441044094,
          -0.016787920971771397,
          -0.014737911753853293,
          -0.012591153065886873,
          -0.011507610784006039,
          -0.009555514774817864,
          -0.008775333466849411,
          -0.007946262398775827,
          -0.0071184983731598095,
          -0.00604002832868078,
          -0.004748258993844734,
          -0.0043609682411503954,
          -0.0029912802159317332,
          -0.0018673390585237648,
          -8.881784197001252e-16,
          8.881784197001252e-16,
          0.00021480879090998977,
          0.005606213085699461,
          0.009758942857029437,
          0.013591776404126454,
          0.017780565415048452,
          0.02560040135302033,
          0.03722244884609782,
          0.07953919915242103,
          0.21226593561856244,
          0.31446064543775076
        ],
        "y": [
          0.0,
          0.025,
          0.05,
          0.07500000000000001,
          0.1,
          0.125,
          0.15000000000000002,
          0.17500000000000002,
          0.2,
          0.225,
          0.25,
          0.275,
          0.30000000000000004,
          0.325,
          0.35000000000000003,
          0.375,
          0.4,
          0.42500000000000004,
          0.45,
          0.47500000000000003,
          0.5,
          0.525,
          0.55,
          0.5750000000000001,
          0.6000000000000001,
          0.625,
          0.65,
          0.675,
          0.7000000000000001,
          0.7250000000000001,
          0.75,
          0.775,
          0.8,
          0.8250000000000001,
          0.8500000000000001,
          0.875,
          0.9,
          0.925,
          0.9500000000000001,
          0.9750000000000001,
          1.0
        ]
      }
    },
    "bootstrap_long": {
      "status": "ok",
      "horizon_months": 24.0,
      "n_paths": 400.0,
      "n_starts": 257.0,
      "p_beat_spy": 0.1575,
      "median_excess": -0.06291446176877868,
      "p10_terminal": 1.0454945352766833,
      "p50_terminal": 1.198224190926974,
      "p90_terminal": 1.4167470189503812,
      "labels": [
        "1",
        "2",
        "3",
        "4",
        "5",
        "6",
        "7",
        "8",
        "9",
        "10",
        "11",
        "12",
        "13",
        "14",
        "15",
        "16",
        "17",
        "18",
        "19",
        "20",
        "21",
        "22",
        "23",
        "24"
      ],
      "strategy_bands": {
        "p10": [
          0.9713650235318416,
          0.9743045500149964,
          0.9764957879817119,
          0.962944446634223,
          0.9611601764842694,
          0.9433148466719934,
          0.9533254796029796,
          0.9607434083946752,
          0.9614774530376657,
          0.9633565561759533,
          0.9705501993846,
          0.9842883019085643,
          0.9770475826597688,
          0.992709565376205,
          1.0077959574756559,
          0.9951548877388523,
          0.9815439805473899,
          0.9838738211664633,
          1.0149503979506271,
          1.0192600480318987,
          1.0297231168257828,
          1.0487510190293927,
          1.0453797187879783,
          1.0454945352766833
        ],
        "p25": [
          0.9940751142232105,
          1.0030984606673763,
          1.0044186476970651,
          1.0105265889521335,
          1.0062190450964206,
          1.01395321129988,
          1.0146372440211275,
          1.0163098553309475,
          1.0248155459099095,
          1.028061556155733,
          1.0275608495446231,
          1.03135571106724,
          1.0372059123368036,
          1.0399239939494285,
          1.0431693921862557,
          1.0536573700063725,
          1.0606859556714925,
          1.0623612675840897,
          1.0727175780491671,
          1.0760870932374194,
          1.0770381027535485,
          1.0880659656566105,
          1.1030314547317321,
          1.1125105768605892
        ],
        "p50": [
          1.01187156367227,
          1.019586754183398,
          1.0249607525773028,
          1.0368457283892476,
          1.0415050334582658,
          1.0543782571510822,
          1.0573214023174402,
          1.0598348144047895,
          1.0687342394461825,
          1.0799855888763468,
          1.0889018516906583,
          1.0940122059049517,
          1.0994536651485194,
          1.114986576855193,
          1.1251319187622193,
          1.1376847122223757,
          1.1444276958055968,
          1.1474294934324616,
          1.1544558601392363,
          1.1729513582200246,
          1.1811916565124942,
          1.1790213932060039,
          1.1832125788961272,
          1.198224190926974
        ],
        "p75": [
          1.0263923642521842,
          1.04219058498182,
          1.0533638063366015,
          1.0669814134085542,
          1.0746559286053616,
          1.0864378077911316,
          1.1024014719022621,
          1.1037124895519481,
          1.1097690168948389,
          1.1285370822211707,
          1.1344089086961158,
          1.1459566439482234,
          1.1569302216042539,
          1.1706933212710333,
          1.1849138880735952,
          1.1987444803226435,
          1.213467391931649,
          1.2238044925601987,
          1.239333789016712,
          1.2473539195543761,
          1.2582458886919743,
          1.2642721980714313,
          1.2773618527761845,
          1.2959893079051357
        ],
        "p90": [
          1.0417962492287276,
          1.0560935695138312,
          1.0749333514655517,
          1.1002601944160242,
          1.1230092509271716,
          1.139729453248655,
          1.152181136648134,
          1.1571221413834367,
          1.1789256872799045,
          1.1916283685240716,
          1.2054176945564377,
          1.2063377423836004,
          1.2175109686177217,
          1.2485584636014149,
          1.264178583882109,
          1.2790197619793902,
          1.2953378090361174,
          1.3206503903859175,
          1.3222162419109817,
          1.3379959357414362,
          1.3561408994902084,
          1.398421917847372,
          1.4079101675134815,
          1.4167470189503812
        ]
      },
      "spy_bands": {
        "p10": [
          0.9586177161815728,
          0.9392003394646548,
          0.9536867268882119,
          0.9467495808306982,
          0.9397374802502761,
          0.9264705129359715,
          0.9293712591915979,
          0.9285134621329746,
          0.9224069942333273,
          0.9370300761511672,
          0.9309751125147326,
          0.9222651795684671,
          0.9139888060345643,
          0.961147572734385,
          0.9229973735657342,
          0.9326798045682324,
          0.939426879450927,
          0.9555971896443751,
          0.9463367981299875,
          0.9765606228664316,
          0.9735055232274482,
          1.0035674823346938,
          1.0009581665211866,
          1.0249529935957116
        ],
        "p25": [
          0.9907461097638763,
          0.9939738407814038,
          1.0038578115783388,
          1.0003787555913508,
          1.0038776447573463,
          1.016139204432052,
          1.0174285669740994,
          1.022240328228001,
          1.0402521119780204,
          1.0269710235834313,
          1.050292746673801,
          1.0482827617624857,
          1.0606734489541412,
          1.0770939351069415,
          1.074812325290819,
          1.0754759648196577,
          1.081110767126888,
          1.081173307913147,
          1.089333997806161,
          1.1061812313011967,
          1.1116937981185782,
          1.1230616918152478,
          1.1400722215834187,
          1.1680760449889007
        ],
        "p50": [
          1.0182640548940074,
          1.0286123699597398,
          1.0369716973060152,
          1.047632707501963,
          1.0550554094540554,
          1.0610230576916393,
          1.0791254424092473,
          1.0829047042079543,
          1.0918229495372744,
          1.1078402028588585,
          1.1172342571397031,
          1.1301647069199332,
          1.139512556015142,
          1.143166613742635,
          1.1603665090131783,
          1.1805220798676896,
          1.190665230536013,
          1.198192437147862,
          1.1971107357332371,
          1.2042660092731334,
          1.228408087475729,
          1.234362567374514,
          1.2332784750007422,
          1.2506272249542647
        ],
        "p75": [
          1.0382022362762817,
          1.0578951180376595,
          1.0757332645314963,
          1.0896437253219335,
          1.1004394023516575,
          1.1152065670907538,
          1.128712007568684,
          1.1418395105127865,
          1.1576033681123814,
          1.1621459357039252,
          1.1853850895360698,
          1.1922931346383954,
          1.2075771397822894,
          1.2222063500211515,
          1.2492040543092748,
          1.263332526268968,
          1.292747887181654,
          1.3167619572408373,
          1.328925909086836,
          1.361396855255662,
          1.3637020844454915,
          1.3703996054563794,
          1.3917122164304228,
          1.3994515714625704
        ],
        "p90": [
          1.0672658072010008,
          1.0869327390501864,
          1.1109688589677615,
          1.1339426392441108,
          1.1605250634695452,
          1.1632437761805425,
          1.1912654007214625,
          1.1933632321844336,
          1.2220608496558207,
          1.260168908479571,
          1.2674948983357204,
          1.296183738843053,
          1.2818532135419443,
          1.3104453008842394,
          1.3465961684202992,
          1.354171521624252,
          1.3688777169288961,
          1.3843941328814053,
          1.4167413634876085,
          1.4462582158960746,
          1.4663978680431544,
          1.492765859788678,
          1.502282113191662,
          1.5187647403837425
        ]
      },
      "cdf": {
        "x": [
          -0.37701104142126596,
          -0.3286246076642468,
          -0.2771896139168925,
          -0.26071824522844556,
          -0.24302814201306755,
          -0.20500441131706948,
          -0.18720518305562206,
          -0.15905544214898404,
          -0.13837402870022508,
          -0.12596817029302976,
          -0.11783973106861079,
          -0.10863862810337488,
          -0.10411551413539508,
          -0.09952188668056938,
          -0.09426824780270678,
          -0.08942125048167604,
          -0.08420900577270651,
          -0.08034234417183805,
          -0.07219285184267518,
          -0.06660017225894771,
          -0.06291446176877868,
          -0.0567288552425343,
          -0.0512697531409112,
          -0.04204967359729039,
          -0.03894277445879191,
          -0.03130532582930523,
          -0.029675882613559725,
          -0.026231339879406155,
          -0.024386462830617916,
          -0.023570756701674644,
          -0.020260970957250546,
          -0.017061935120761373,
          -0.015553780622145397,
          -0.0035098078276287747,
          0.00028888482199440624,
          0.005530728560173448,
          0.10351366403615136,
          0.19314860430275663,
          0.38850985066618404,
          0.4811016500982902,
          0.5038128699233949
        ],
        "y": [
          0.0,
          0.025,
          0.05,
          0.07500000000000001,
          0.1,
          0.125,
          0.15000000000000002,
          0.17500000000000002,
          0.2,
          0.225,
          0.25,
          0.275,
          0.30000000000000004,
          0.325,
          0.35000000000000003,
          0.375,
          0.4,
          0.42500000000000004,
          0.45,
          0.47500000000000003,
          0.5,
          0.525,
          0.55,
          0.5750000000000001,
          0.6000000000000001,
          0.625,
          0.65,
          0.675,
          0.7000000000000001,
          0.7250000000000001,
          0.75,
          0.775,
          0.8,
          0.8250000000000001,
          0.8500000000000001,
          0.875,
          0.9,
          0.925,
          0.9500000000000001,
          0.9750000000000001,
          1.0
        ]
      }
    },
    "relative_wealth": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.9838181513530653,
        0.9081947078863467,
        0.9017715721759008,
        0.8962565595885307,
        0.8807969637652091,
        0.8801440690171467,
        0.8928209933561563,
        0.8769313480619161,
        0.8737270469731826,
        0.861352268283783,
        0.8589943712895579,
        0.8614853927980844,
        0.8701328319227508,
        0.8613355796902522,
        0.8625040579833294,
        0.8554371301140788,
        0.87118407408369,
        0.8919636566202621,
        0.8838282164604099,
        0.8821381327077354,
        0.8427439750635768,
        0.8384390511691145,
        0.8451867486433641,
        0.8377379618666669,
        0.8439193727550134,
        0.856577934731598,
        0.8358841937073416,
        0.8365846776546875,
        0.8178604158217325,
        0.8293115485362511,
        0.8265308794576145,
        0.8300384256282715,
        0.7959965719959001,
        0.7997465487271497,
        0.7922104729570788,
        0.7904937724882419,
        0.7785196116993582,
        0.7730807669503021,
        0.7856929863207696,
        0.7865887079055606,
        0.7949130634433635,
        0.790873002694438,
        0.781451979344529,
        0.7711581301017051,
        0.768249844596847,
        0.7570798711981939,
        0.7526910831605954,
        0.7667241800501184,
        0.7641541699014375,
        0.7512155764693946,
        0.7351957211061866,
        0.7400801154542109,
        0.7613858578942896,
        0.7602238086593235,
        0.7515652449146519,
        0.7511298760106488,
        0.7800769688306675,
        0.7890105833185771,
        0.8696392588565297,
        0.9031663055397091,
        0.9096909916633186,
        0.8623162444473593,
        0.8510381829430513,
        0.9411946003668418,
        0.9438178639348264,
        0.9377522778039792,
        0.9881987112365272,
        1.0857385887591273,
        1.1771624415314232,
        1.241556392136457,
        1.3393604209267287,
        1.4443905142474358,
        1.4178248595981784,
        1.3371563340383914,
        1.3103080790970034,
        1.3129498821522836,
        1.2743439024618102,
        1.2738109873698835,
        1.2738109873698844,
        1.2738109873698835,
        1.2738109873698833,
        1.273810987369883,
        1.2805211531131502,
        1.2765351650863894,
        1.268988522878947,
        1.2712914858357174,
        1.286110106679595,
        1.298161547924366,
        1.23270184085341,
        1.2429106324653232,
        1.1747163697648004,
        1.1735266592262708,
        1.173496848063715,
        1.1712925033734127,
        1.168917271608952,
        1.1658209027871949,
        1.1672594611492013,
        1.1663443537997367,
        1.1682836162285155,
        1.172103021715522,
        1.1814298127822773,
        1.1881800607191684,
        1.24661497285032,
        1.1836825823445574,
        1.1918292597581734,
        1.185926722838249,
        1.172176543398014,
        1.1715787994709899,
        1.1715787994709905,
        1.1715787994709903,
        1.1715787994709896,
        1.1715787994709894,
        1.1715787994709894,
        1.171578799470989,
        1.171578799470989,
        1.1715787994709899,
        1.1715787994709896,
        1.17157879947099,
        1.1715787994709899,
        1.1715787994709903,
        1.1715787994709908,
        1.1715787994709912,
        1.1715787994709912,
        1.1715787994709916,
        1.1674184812275494,
        1.1683037958307827,
        1.166563605262921,
        1.162335817653423,
        1.1586725272494822,
        1.1535419580652873,
        1.163914403217736,
        1.158608451889336,
        1.1569716566748336,
        1.1582248837843228,
        1.157743262403793,
        1.1555818314054476,
        1.157333409765613,
        1.1529381382586268,
        1.1514406442481724,
        1.148821648607746,
        1.1443148939717214,
        1.143168199548772,
        1.1556272007772994,
        1.1477809590315555,
        1.14940885940531,
        1.148969183883898,
        1.1455530255298516,
        1.1476018312096945,
        1.1440644831461502,
        1.155953185907705,
        1.175347024233101,
        1.1015269634729308,
        1.0997991343358406,
        1.1017234281118868,
        1.1611195388781343,
        1.1729292256589583,
        1.1323041599688746,
        1.1314445396479407,
        1.1284632588816932,
        1.1317187501290564,
        1.1284696666940872,
        1.128051171924258,
        1.1289230011404183,
        1.1302207843777925,
        1.1231236011165584,
        1.1194354020312305,
        1.1175617779765248,
        1.1108313423973657,
        1.1106566351373042,
        1.1094531134798304,
        1.106412387916483,
        1.1031284192803004,
        1.0987669005697545,
        1.1007705507354382,
        1.0943978769074154,
        1.0887210661318913,
        1.080850248074718,
        1.0801090968945317,
        1.0633536775592185,
        1.0717452054937333,
        1.0842098569224534,
        1.082270686261793,
        1.0749996861390487,
        1.0753489986727722,
        1.0611512627529112,
        1.0523373246734742,
        1.0469848601264644,
        1.0680755272573774,
        1.0531158952579813,
        1.158878490294394,
        1.0891732303149213,
        1.0547115956176436,
        1.0548082465810815,
        1.0456942686645898,
        1.0663352691834114,
        1.0144798141459181,
        1.0113135083839115,
        1.0202760809543865,
        1.0152914845752739,
        1.0111951727378963,
        1.0050584513954872,
        1.0003026080778274,
        1.0044543192998052,
        1.0179150221669029,
        1.1161542524432777,
        1.042618945227489,
        1.0127614929039328,
        1.0116580349078077,
        1.0115521261209854,
        1.0115521261209857,
        1.0115521261209854,
        1.0117691833420317,
        1.009050904353181,
        1.0087116985370406,
        1.009079839321411,
        1.0075935921236283,
        1.0037797409088238,
        0.9986527222434232,
        0.9991258112902819,
        0.9975795534350368,
        0.9978875177243772,
        0.9956404631379875,
        0.9993450051098239,
        0.9914885022824945,
        0.9935974476123142,
        0.989370060619906,
        0.9934832772612857,
        1.0006944098523296,
        0.9583727127937862,
        1.015493571295811,
        1.0045435260355766,
        1.0572979890637355,
        1.011824189481005,
        1.024658678281847,
        1.0519119892298157,
        0.9866244181756737,
        0.951796319534971,
        0.995968653739763,
        0.9564810345976339,
        0.9673965997282271,
        0.9595810453916214,
        0.9543447535929037,
        0.9491479742366433,
        0.9261956993705108,
        0.9149655501346738,
        0.9179973906148177,
        0.9295327168863329,
        0.9368083269953664,
        0.8818165938857899,
        0.8723471549014973,
        0.8676558983604492,
        0.8446455600806453,
        0.8345539745025613,
        0.8446355780675386,
        0.829957976111893,
        0.8180606318928704,
        0.8204969119205441,
        0.8144055827719808,
        0.8120985821838747,
        0.8083119217594626,
        0.7852417188795621,
        0.7883859958037606,
        0.782347129767511,
        0.798406977827323,
        0.8272355694258994,
        0.8351419923807655,
        0.7807958776170794,
        0.7616758084372528,
        0.7522593403504186,
        0.7505739856472213,
        0.7384833884401945,
        0.7305551414871949,
        0.7307953208812268,
        0.7280829403276088,
        0.7240572566474079,
        0.7332568848344151,
        0.74870694897495,
        0.6845941054269216,
        0.664358658761368,
        0.6668865159248695,
        0.6679418320053958
      ]
    },
    "log_relative_wealth": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        -0.01631420454403356,
        -0.09629648737077696,
        -0.10339403691639946,
        -0.10952856816785927,
        -0.12692814071265873,
        -0.12766967011747685,
        -0.11336917356774671,
        -0.13132657010513737,
        -0.13498725533775724,
        -0.1492517196877779,
        -0.15199290965083115,
        -0.14909717870278127,
        -0.1391093986169913,
        -0.14927109475163627,
        -0.14791542517948228,
        -0.15614267740460375,
        -0.13790198796701134,
        -0.11432989093143246,
        -0.12349256049912506,
        -0.12540662219056964,
        -0.1710920740319656,
        -0.17621338829265412,
        -0.16819767173114508,
        -0.17704992206907474,
        -0.1696983188605741,
        -0.154809973259888,
        -0.1792651997663236,
        -0.17842753516125961,
        -0.20106359774491656,
        -0.18715938197832344,
        -0.19051800070378763,
        -0.18628328332544083,
        -0.22816039968484111,
        -0.223460415601459,
        -0.23292817378945752,
        -0.23509750030387938,
        -0.2503610963756025,
        -0.25737175079429303,
        -0.24118916550334576,
        -0.24004977466138244,
        -0.2295225244666983,
        -0.2346178769560041,
        -0.24660157778457073,
        -0.2598618290402278,
        -0.26364028025357195,
        -0.2782865209411501,
        -0.284100383483728,
        -0.26562815108999815,
        -0.2689857171083897,
        -0.28606261585391946,
        -0.3076185279981477,
        -0.30099683451674725,
        -0.2726150090251355,
        -0.2741424039759228,
        -0.2855972539773344,
        -0.2861767047389988,
        -0.24836268617881682,
        -0.23697554464120882,
        -0.1396767983150079,
        -0.10184857248946971,
        -0.094650306738802,
        -0.1481332026910847,
        -0.16129828309210648,
        -0.06060535911219254,
        -0.05782207219910276,
        -0.06426946101324854,
        -0.011871476723809738,
        0.08226048236985226,
        0.1631068319509664,
        0.2163657475172381,
        0.2921922022040855,
        0.36768744313806395,
        0.34912390820957834,
        0.29054522025826124,
        0.2702622844469909,
        0.2722764241064535,
        0.2424314598609563,
        0.24201318458120555,
        0.24201318458120624,
        0.24201318458120555,
        0.24201318458120538,
        0.2420131845812052,
        0.24726714593775023,
        0.24414950537040306,
        0.23822014446672335,
        0.24003330174056184,
        0.2516222416523052,
        0.2609490696471869,
        0.20920837892492342,
        0.2174559132949104,
        0.16102673102327394,
        0.1600134537554321,
        0.15998805037752398,
        0.1581078428114606,
        0.15607791147327718,
        0.1534254764627346,
        0.15465866033976636,
        0.15387437348652258,
        0.15553567704297258,
        0.1587995897792703,
        0.16672541070233937,
        0.17242277571737402,
        0.22043185627052236,
        0.168630411283455,
        0.1754893199256422,
        0.17052451353880219,
        0.15886231410926088,
        0.15835224044325077,
        0.15835224044325133,
        0.15835224044325114,
        0.15835224044325058,
        0.15835224044325039,
        0.15835224044325039,
        0.15835224044325,
        0.15835224044325,
        0.15835224044325077,
        0.15835224044325058,
        0.15835224044325097,
        0.15835224044325077,
        0.15835224044325114,
        0.15835224044325152,
        0.1583522404432519,
        0.1583522404432519,
        0.15835224044325227,
        0.15479488476345038,
        0.15555294975630105,
        0.15406233757912902,
        0.1504316163790908,
        0.14727497676264875,
        0.14283717253908568,
        0.15178880985076404,
        0.14721967456948412,
        0.14580595065549898,
        0.14688856045556695,
        0.14647264680125774,
        0.14460396726883962,
        0.14611857417170812,
        0.14231358699293925,
        0.14101389248731347,
        0.1387367636744355,
        0.13480611204964507,
        0.13380353019690963,
        0.14464322756180828,
        0.13783047745499108,
        0.1392477749139912,
        0.13886517856256933,
        0.1358875121323698,
        0.13767440081018376,
        0.13458725775557598,
        0.14492527281054315,
        0.16156344376476864,
        0.09669736582850272,
        0.09512755798073891,
        0.09687570655657173,
        0.1493846594122023,
        0.15950423166941655,
        0.12425463624162161,
        0.12349516999662924,
        0.12085675926356237,
        0.12373749496159861,
        0.12086243760014158,
        0.12049151722797831,
        0.12126408190322177,
        0.12241299804432833,
        0.11611373302708296,
        0.11282445287393558,
        0.11114932828319152,
        0.10510869211056735,
        0.10495140360647597,
        0.10386720335365751,
        0.10112269790414202,
        0.09815016076558787,
        0.09418855153240474,
        0.09601043523683035,
        0.09020432792393775,
        0.08500367352204626,
        0.07774799814007204,
        0.07706205167747675,
        0.061427760446452,
        0.06928835295548672,
        0.08085147922728371,
        0.07906132128229121,
        0.07232036961590789,
        0.0726452588204014,
        0.05935441568411458,
        0.05101371374832609,
        0.04591447154169516,
        0.06585845644335862,
        0.05175328906885541,
        0.14745271873587387,
        0.08541890413288386,
        0.05326736047308875,
        0.05335899361307838,
        0.04468103674728259,
        0.0642277877243924,
        0.014375982743163682,
        0.011249989281563276,
        0.020073258274652377,
        0.015175748187803467,
        0.011132970603468243,
        0.0050457004123019835,
        0.00030256230123774317,
        0.004444428180850704,
        0.017756439365984603,
        0.10988907344294353,
        0.041735764323826016,
        0.012680751250474121,
        0.011590603590617272,
        0.011485909783756255,
        0.011485909783756474,
        0.011485909783756255,
        0.01170046514959336,
        0.009010190399375017,
        0.008673970648994084,
        0.009038865417901701,
        0.007564905932257575,
        0.0037726156369653676,
        -0.001348186151251817,
        -0.0008745710355010431,
        -0.0024233805811258763,
        -0.0021147167136669493,
        -0.004369067351939273,
        -0.0006552094930434466,
        -0.008547927375459763,
        -0.006423136634408404,
        -0.010686840783928129,
        -0.006538049279601869,
        0.0006941688613659759,
        -0.04251852365212569,
        0.015374771438068233,
        0.004533235379959604,
        0.05571658680025105,
        0.011754829963913796,
        0.024359560336428228,
        0.05060945038785744,
        -0.013465840665464999,
        -0.04940421714966038,
        -0.004039494041629661,
        -0.044494318215149715,
        -0.03314673345551248,
        -0.04125850082566656,
        -0.046730295883002156,
        -0.05219056603997427,
        -0.07666972825169555,
        -0.08886886454143904,
        -0.08556073083320528,
        -0.07307327406856107,
        -0.06527657797279866,
        -0.12577118803872803,
        -0.1365678208801298,
        -0.14196007338142724,
        -0.16883819514690368,
        -0.18085785911915428,
        -0.16885001320712034,
        -0.18638021066378577,
        -0.20081882300787504,
        -0.19784513211471805,
        -0.20529677813572433,
        -0.20813353955926012,
        -0.21280725317448554,
        -0.2417636864584514,
        -0.23776746666731852,
        -0.2454567369728119,
        -0.2251368142593933,
        -0.18966577636290663,
        -0.1801535178328646,
        -0.24744152358843252,
        -0.27223426206934825,
        -0.28467414699816174,
        -0.2869170509590647,
        -0.30315667091271425,
        -0.3139505660581405,
        -0.3136218572338312,
        -0.3173403082534285,
        -0.3228848059562389,
        -0.3102591816911054,
        -0.2894076284008973,
        -0.3789291631671731,
        -0.4089331265965221,
        -0.40513538858431714,
        -0.40355418707322005
      ]
    },
    "rolling_slope": {
      "labels": [
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        -0.008423330500501947,
        -0.004654016563777709,
        -0.004052387753217258,
        -0.0033507818938375063,
        -0.002933112762496734,
        -0.0022787955220489246,
        -0.0006748248562953906,
        0.0011334728427790678,
        0.0021227004029401968,
        0.001147002179504999,
        -0.00042157316291420357,
        -0.0016179081211842468,
        -0.002909770097747822,
        -0.003269414371019914,
        -0.0033044167130181334,
        -0.004179649929548821,
        -0.0051774020939717915,
        -0.006060811636780123,
        -0.0048962951150749575,
        -0.003768144076818491,
        -0.002095412725336989,
        -0.0036842402256799904,
        -0.0049260069189110915,
        -0.005837168612669313,
        -0.006781480103403414,
        -0.007572762078783796,
        -0.007392866259641868,
        -0.006984949291249706,
        -0.006062099208866382,
        -0.005332342072097634,
        -0.0039675367499201085,
        -0.002884429898336662,
        -0.001726652710152352,
        -0.002103170572979983,
        -0.0025812586922479295,
        -0.003329910216176561,
        -0.003108849393839161,
        -0.003497224493048858,
        -0.004730827397077541,
        -0.005857296366438194,
        -0.006212753327999782,
        -0.004571887028549651,
        -0.002920027574214068,
        -0.0019770576539591004,
        -0.001386415958586383,
        0.0006708833933809855,
        0.002393575192291228,
        0.0073053720399245976,
        0.013501792436026387,
        0.018677140831489008,
        0.01980010335315382,
        0.01847236108946243,
        0.02029519116571921,
        0.02183409444696141,
        0.021553545682861285,
        0.0212999860489714,
        0.02272638143473744,
        0.026404587003919285,
        0.029771400527500873,
        0.03730706761569448,
        0.0464457996862922,
        0.05191427490126149,
        0.04959536674301076,
        0.042830251644074904,
        0.03770164847840749,
        0.02922383047614009,
        0.01833718678582629,
        0.007690432971644677,
        -0.00045301264111188453,
        -0.006038775945715383,
        -0.009755472127587931,
        -0.010002788548190977,
        -0.0066242511281172,
        -0.003453661429985618,
        -0.0021004517523756762,
        -0.0008702350449823035,
        0.0009406075683763969,
        -0.0005159533994461209,
        -0.0014419847822855518,
        -0.004366640159584429,
        -0.006763928903423183,
        -0.008588770009169085,
        -0.00991232445344414,
        -0.01048838611291305,
        -0.010670488484139073,
        -0.010440243342376114,
        -0.009573400797018286,
        -0.0075133819772489445,
        -0.0042319473069502254,
        -0.0022831909216159546,
        0.0005566665071462183,
        0.0029929812495742324,
        0.002975454209365247,
        0.0031603182044541915,
        0.002960363641115511,
        0.002132763474364167,
        0.0011455085148326407,
        0.0001798544729248436,
        -0.0008472782028960345,
        -0.0018302108356386376,
        -0.002684480046103924,
        -0.0031753563521218766,
        -0.0033487078829173666,
        -0.0012414331279115406,
        -0.0010546463210781712,
        -0.00048421561903906705,
        -1.9618217923503927e-05,
        -2.6979195878128803e-17,
        -1.84390187656276e-18,
        6.09458093937586e-17,
        1.284908465562681e-16,
        1.6536888408752333e-16,
        1.979768330625279e-16,
        -0.00013682137229985544,
        -0.00021960978557560018,
        -0.00034015397708559114,
        -0.0005703419709458207,
        -0.0008665502013534112,
        -0.001255979827208502,
        -0.0011926187319559352,
        -0.0012590954930288961,
        -0.0013020961397882122,
        -0.0012157216558613118,
        -0.001065178256626829,
        -0.0009034330656881724,
        -0.0007489899780958296,
        -0.0006457615509087819,
        -0.00056769351651333,
        -0.0006509922735812466,
        -0.0009471713714782915,
        -0.0013964348255305899,
        -0.0009587219133239512,
        -0.0009407567117946435,
        -0.0008668815263626063,
        -0.0007126506800275674,
        -0.0006357430660429457,
        -0.000501027022434919,
        -0.00036774297514186873,
        7.08416494690413e-05,
        0.0010720153659965156,
        -0.0006688690797880702,
        -0.0023548149303132568,
        -0.0037416237934733646,
        -0.0023579075012618127,
        -0.0009278042169525509,
        -0.0009405967059565533,
        -0.0008951430548160149,
        -0.0009790326362784459,
        -0.0007657923183436919,
        -0.0007059949339360645,
        -9.457617913806594e-05,
        0.0014737025232044749,
        0.00041952593919669694,
        -0.001128114566637234,
        -0.0028695610175462787,
        -0.0024001944475102715,
        -0.0014357995428485961,
        -0.0016993201451402109,
        -0.001904074309304597,
        -0.002197055627974564,
        -0.002335422337311608,
        -0.0025779106510959745,
        -0.0025806558598242824,
        -0.002600399934571323,
        -0.002550744640884284,
        -0.0028048803450341055,
        -0.0029666194873148436,
        -0.0035557328282949776,
        -0.003769386788055719,
        -0.0032949627172334513,
        -0.002770141765023677,
        -0.0024558707255103542,
        -0.0020628043887078954,
        -0.0021826415156822295,
        -0.002296866619717963,
        -0.0025564680047450794,
        -0.001975667153904385,
        -0.0021332935300840575,
        0.0015404291862743734,
        0.0016253439279719434,
        0.0006631902605325956,
        0.00034219250581367724,
        -0.00020168849219281314,
        -5.9756699446708955e-05,
        -0.0017638428484910568,
        -0.003784811293671271,
        -0.00550915146415277,
        -0.007437274322376202,
        -0.008399387750523686,
        -0.009854075221648759,
        -0.006814590511785578,
        -0.0054065000407121,
        -0.004381587865571482,
        0.0004393804210398435,
        0.0018492997593107195,
        0.0030508035861916308,
        0.002304856307944702,
        0.0014322699088195085,
        0.0009590913974767447,
        0.0003233501793254266,
        -0.00046209846107783323,
        -0.0016316818001867342,
        -0.003057517561226304,
        -0.0043395935943028,
        -0.005105397891048688,
        -0.001757943038774626,
        -0.0009632466571542725,
        -0.0011697303550100042,
        -0.0013905433535932247,
        -0.001506243585056371,
        -0.0016135403340934555,
        -0.001467122430266055,
        -0.00152961515020473,
        -0.0014910732147279061,
        -0.0015238772524402509,
        -0.0012451359705398955,
        -0.0006463011374777225,
        -0.0018338226587701783,
        -0.0007037284411693058,
        -8.60321792085556e-05,
        0.002392037260021991,
        0.0027867268751773713,
        0.0034667534918885455,
        0.005124303490958573,
        0.003600165189959507,
        0.0008247540389168357,
        -9.90978069681939e-05,
        -0.0024368079389968465,
        -0.003743906861026593,
        -0.007090560465270777,
        -0.008024965660812478,
        -0.009227877170479926,
        -0.008649109005410582,
        -0.009612021637389036,
        -0.009171093868514465,
        -0.006288029115657611,
        -0.0051526905086992465,
        -0.0076153173926677906,
        -0.007897131755912157,
        -0.009298424574027263,
        -0.010536113291486434,
        -0.011655922135253216,
        -0.011586389420020047,
        -0.01158530512931737,
        -0.012313852150816566,
        -0.012614357152838767,
        -0.012289022409677306,
        -0.010667867187891648,
        -0.007927597523942254,
        -0.008019108792081434,
        -0.007636538984683251,
        -0.007087122898623939,
        -0.006254151238861198,
        -0.004209560615996796,
        -0.0011917088911239757,
        -0.001479639057846991,
        -0.002950434462031335,
        -0.004265110546226032,
        -0.005397567441875721,
        -0.006712797667418517,
        -0.007991121812159604,
        -0.009865708928428115,
        -0.011199162346724892,
        -0.012538924525616453,
        -0.011927997892767578,
        -0.008307507225967516,
        -0.007000281655190202,
        -0.008515560916149268,
        -0.00988240407956103
      ]
    },
    "rolling_pvalue": {
      "labels": [
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06",
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        0.0009181622814083353,
        6.572790021845267e-05,
        0.00018910360909050019,
        0.0007832239305039629,
        0.0012517408891602722,
        0.018463155839152576,
        0.5922526304782192,
        0.3051533184176678,
        0.04665966135938778,
        0.41026650951397337,
        0.7990559895415733,
        0.34624947395789274,
        0.10678881027738225,
        0.0727016675384808,
        0.06925883715915365,
        0.023256759131998678,
        0.0036061790065008014,
        0.0011429052318605558,
        0.00359208923234207,
        0.009621823134766673,
        0.02905062021506336,
        0.008443879273479267,
        0.0010795191769750138,
        0.00031404197344782624,
        3.156423395076487e-05,
        8.453684610783232e-06,
        8.488285594233171e-06,
        3.158809556040064e-05,
        0.0002614955168123146,
        0.002179633658578753,
        0.01621060897950219,
        0.046833326230766664,
        0.07143155721935786,
        0.041750645031616546,
        0.028869243380250893,
        0.013031041217093225,
        0.019450281638993858,
        0.007844480170462773,
        0.00019896041941860716,
        4.792472017706664e-05,
        1.932866513534267e-05,
        0.0022806257899571636,
        0.03405343199262914,
        0.10933512113507354,
        0.23524473720316172,
        0.63483671290642,
        0.1635991712633189,
        0.040047238349070834,
        0.004394543564219263,
        0.00030483784337708493,
        0.00010388902424538926,
        0.0003426607748325597,
        0.00017829914334297733,
        7.102333142770924e-05,
        8.590339138645968e-05,
        9.229111127846045e-05,
        0.0001200879876391822,
        0.0001877803180447729,
        0.00021015200233116937,
        5.63966332571343e-05,
        3.948927469948662e-06,
        5.206322476592495e-08,
        5.5624501062676e-07,
        2.3056720610511943e-05,
        0.00024758806024640436,
        0.003764177997311781,
        0.03530659010551218,
        0.24910378496201102,
        0.9277063222893376,
        0.12145850238280456,
        0.0016952449743683879,
        0.0011671596574952682,
        0.005961982739246229,
        0.005607492406037893,
        0.020124261088651212,
        0.2728226718463749,
        0.0659891112075503,
        0.6296846296488658,
        0.23024514785074252,
        0.04229792777774856,
        0.007642756880166254,
        0.001351265308152256,
        0.0002549476940346224,
        0.00011100540100142712,
        8.261466542380428e-05,
        0.00012422863317931865,
        0.00043903595695396713,
        0.0029136569605097127,
        0.01283627046936965,
        0.12414792459743668,
        0.2511347290148121,
        0.047490046239686876,
        0.04898725138627913,
        0.035757761060346255,
        0.05076193739420196,
        0.17760625191742385,
        0.47710972179179073,
        0.911221239392181,
        0.5909265631569652,
        0.22675187864143534,
        0.06246254947274841,
        0.0237345540625174,
        0.016274842627778376,
        0.007050882399783551,
        0.020163521183372883,
        0.09917045073321194,
        0.11393741215123238,
        0.45737659046255946,
        0.9622257825624819,
        0.11851029390106421,
        0.0014489879221236943,
        5.5026540505819137e-05,
        2.8419742654653334e-06,
        0.11393741215243898,
        0.02663479614512049,
        0.005003273165710054,
        0.001832324228445881,
        0.000573672561542343,
        0.00019936070536059615,
        0.0005481424959514654,
        0.00027813397661315814,
        0.00018426441870860867,
        0.0004531035674022207,
        0.0015297073488364625,
        0.0033432851828900036,
        0.011549353200867396,
        0.016629720367890094,
        0.02100121298729709,
        0.014883666382148329,
        0.0037072089697655543,
        5.571032141248026e-06,
        0.006101694013072708,
        0.006956290668831221,
        0.012964369738046577,
        0.03570315966333324,
        0.05197331692357568,
        0.1123852005502107,
        0.1912555723932576,
        0.8280408290141437,
        0.09133684817902417,
        0.6106103300331632,
        0.14545169890607845,
        0.03122527764486301,
        0.21592500546744273,
        0.6593726795966868,
        0.6550542823633774,
        0.670445426875801,
        0.6421478811250817,
        0.7152533369022374,
        0.7363476095955407,
        0.9630200853419467,
        0.38988369274201595,
        0.7935565880933977,
        0.4182198651737087,
        0.004638103030218705,
        0.010034944496860222,
        0.00028901395043216566,
        8.579688591698288e-05,
        2.1804049353596744e-05,
        7.915264665757708e-07,
        2.8896695986611973e-07,
        2.0542786892280893e-08,
        1.9257835883526677e-08,
        1.78625703884294e-08,
        7.05001597816641e-09,
        1.458158666555807e-07,
        1.1536577301907234e-07,
        3.913624660616196e-06,
        8.881221443980947e-07,
        8.422529716308198e-05,
        0.0010630185664523965,
        0.002684276013822401,
        0.008261178298242862,
        0.006848029870944444,
        0.006430899103229069,
        0.005127492814280127,
        0.027974573638024577,
        0.019960003466950933,
        0.5115874658181445,
        0.48942766745633726,
        0.7851325619890145,
        0.8897056733218818,
        0.9365577222882427,
        0.9811584257441339,
        0.5322688713350086,
        0.20873026099874167,
        0.067476939240459,
        0.011024144400163192,
        0.003897918301737603,
        0.0003813081474040165,
        8.442598723091856e-05,
        0.0002712671984187207,
        0.003840738882227147,
        0.8782335485631584,
        0.5126804490752115,
        0.2340058655227248,
        0.3777436367477607,
        0.5882810488327396,
        0.7194981150159587,
        0.904192123641427,
        0.8632969846062989,
        0.5371575672687583,
        0.22739187274114112,
        0.07072458598035299,
        0.0289221551499703,
        0.018239634510795803,
        0.0004282174745419622,
        0.0001254491875270738,
        1.6316099250498666e-05,
        2.5995654959276094e-06,
        4.855082630300938e-07,
        1.5143720574448043e-05,
        1.3927574369682176e-05,
        2.1066352446202185e-05,
        1.881789858533988e-05,
        0.0001606180815416562,
        0.05656151693222586,
        0.054807632813851245,
        0.5528832878015282,
        0.9438255439768359,
        0.2138973317198037,
        0.1465557360756646,
        0.07461736301768175,
        0.014652254090375504,
        0.11985331117524928,
        0.7723507777664322,
        0.9721468663739815,
        0.424057911141589,
        0.22748308013231383,
        0.00883130581409043,
        0.0031932492006573705,
        0.0005328600596729244,
        0.0006530456776439707,
        0.00024825097794960914,
        0.00036486233911188373,
        0.0004950139800934663,
        0.0036454501282544953,
        0.0002306777801147395,
        0.00025171292434497845,
        5.1524439424997254e-05,
        3.620642273945595e-05,
        1.9079611433560776e-05,
        2.0833718265936703e-05,
        2.0853796941763414e-05,
        7.812038668177796e-06,
        4.05063230035707e-06,
        7.284396102777794e-06,
        2.888169455101719e-05,
        8.335240739165482e-07,
        9.674682689312748e-07,
        1.0326478016982685e-06,
        5.060870934184833e-07,
        2.4228912128302476e-05,
        0.02514587287579453,
        0.5452621702869989,
        0.46754462088685295,
        0.21376842709795651,
        0.10940753381592773,
        0.05764622362750249,
        0.027942080373895957,
        0.013382662056203845,
        0.0024099716082155776,
        0.0005154426209205875,
        5.407795962821485e-05,
        0.0001585219739565803,
        0.00517941942069219,
        0.0026597911346658305,
        0.003110747323992727,
        0.0016360432565820805
      ]
    },
    "train_equity": {
      "labels": [
        "2003-03",
        "2003-04",
        "2003-05",
        "2003-06",
        "2003-07",
        "2003-08",
        "2003-09",
        "2003-10",
        "2003-11",
        "2003-12",
        "2004-01",
        "2004-02",
        "2004-03",
        "2004-04",
        "2004-05",
        "2004-06",
        "2004-07",
        "2004-08",
        "2004-09",
        "2004-10",
        "2004-11",
        "2004-12",
        "2005-01",
        "2005-02",
        "2005-03",
        "2005-04",
        "2005-05",
        "2005-06",
        "2005-07",
        "2005-08",
        "2005-09",
        "2005-10",
        "2005-11",
        "2005-12",
        "2006-01",
        "2006-02",
        "2006-03",
        "2006-04",
        "2006-05",
        "2006-06",
        "2006-07",
        "2006-08",
        "2006-09",
        "2006-10",
        "2006-11",
        "2006-12",
        "2007-01",
        "2007-02",
        "2007-03",
        "2007-04",
        "2007-05",
        "2007-06",
        "2007-07",
        "2007-08",
        "2007-09",
        "2007-10",
        "2007-11",
        "2007-12",
        "2008-01",
        "2008-02",
        "2008-03",
        "2008-04",
        "2008-05",
        "2008-06",
        "2008-07",
        "2008-08",
        "2008-09",
        "2008-10",
        "2008-11",
        "2008-12",
        "2009-01",
        "2009-02",
        "2009-03",
        "2009-04",
        "2009-05",
        "2009-06",
        "2009-07",
        "2009-08",
        "2009-09",
        "2009-10",
        "2009-11",
        "2009-12",
        "2010-01",
        "2010-02",
        "2010-03",
        "2010-04",
        "2010-05",
        "2010-06",
        "2010-07",
        "2010-08",
        "2010-09",
        "2010-10",
        "2010-11",
        "2010-12",
        "2011-01",
        "2011-02",
        "2011-03",
        "2011-04",
        "2011-05",
        "2011-06",
        "2011-07",
        "2011-08",
        "2011-09",
        "2011-10",
        "2011-11",
        "2011-12",
        "2012-01",
        "2012-02",
        "2012-03",
        "2012-04",
        "2012-05",
        "2012-06",
        "2012-07",
        "2012-08",
        "2012-09",
        "2012-10",
        "2012-11",
        "2012-12",
        "2013-01",
        "2013-02",
        "2013-03",
        "2013-04",
        "2013-05",
        "2013-06",
        "2013-07",
        "2013-08",
        "2013-09",
        "2013-10",
        "2013-11",
        "2013-12",
        "2014-01",
        "2014-02",
        "2014-03",
        "2014-04",
        "2014-05",
        "2014-06",
        "2014-07",
        "2014-08",
        "2014-09",
        "2014-10",
        "2014-11",
        "2014-12",
        "2015-01",
        "2015-02",
        "2015-03",
        "2015-04",
        "2015-05",
        "2015-06",
        "2015-07",
        "2015-08",
        "2015-09",
        "2015-10",
        "2015-11",
        "2015-12",
        "2016-01",
        "2016-02",
        "2016-03",
        "2016-04",
        "2016-05",
        "2016-06",
        "2016-07",
        "2016-08",
        "2016-09",
        "2016-10",
        "2016-11",
        "2016-12",
        "2017-01",
        "2017-02",
        "2017-03",
        "2017-04",
        "2017-05",
        "2017-06",
        "2017-07",
        "2017-08",
        "2017-09",
        "2017-10",
        "2017-11",
        "2017-12",
        "2018-01",
        "2018-02",
        "2018-03",
        "2018-04",
        "2018-05",
        "2018-06",
        "2018-07",
        "2018-08",
        "2018-09",
        "2018-10",
        "2018-11",
        "2018-12",
        "2019-01",
        "2019-02",
        "2019-03",
        "2019-04",
        "2019-05",
        "2019-06"
      ],
      "values": [
        0.9859235941778772,
        0.9871465614337908,
        1.033913764962799,
        1.0385362299202718,
        1.0390213859733026,
        1.059665623571943,
        1.0632047828862983,
        1.1001802984331421,
        1.1081313438393807,
        1.1474006323768589,
        1.1668815416870992,
        1.1861464366161507,
        1.1821838500427737,
        1.1480896150426327,
        1.1693332490018387,
        1.1812088120249526,
        1.1641954154229552,
        1.194867257328523,
        1.1958527951091151,
        1.2089451099531083,
        1.2063719891097697,
        1.2363610706110328,
        1.2183680691841874,
        1.2328744167369368,
        1.219252065273073,
        1.2143553694352371,
        1.2232047523800744,
        1.226084388745894,
        1.2445040903682254,
        1.2500994022763618,
        1.2559063334488811,
        1.231407036164822,
        1.2328078405720493,
        1.2362452698511681,
        1.2540035262528837,
        1.2584503346301625,
        1.259842442345233,
        1.2668438307095,
        1.2487303936155156,
        1.2534149215819999,
        1.272352837348684,
        1.2935105959561009,
        1.3126123032718076,
        1.3361457269003394,
        1.3575768287486834,
        1.3557268634134014,
        1.3681397139415612,
        1.3663076746815461,
        1.3775088889987384,
        1.4141697912288687,
        1.4309581979488428,
        1.4194034785044742,
        1.4145448178445428,
        1.430511152353815,
        1.468968284804171,
        1.4880343758867651,
        1.4855245588695825,
        1.4856168842755442,
        1.5384312879975865,
        1.5564518804708132,
        1.5536782292626263,
        1.542961196214473,
        1.5457999992118947,
        1.5666793612078642,
        1.5569291455858079,
        1.5708285250104188,
        1.499442783425341,
        1.375309101517068,
        1.387324818395712,
        1.477549380055424,
        1.4630582015593865,
        1.4082564366995394,
        1.4975212966286575,
        1.552626090999788,
        1.6103852149262787,
        1.6125752558523656,
        1.68192944150415,
        1.74333050985916,
        1.8051436138684602,
        1.7704391837583178,
        1.8795097728923327,
        1.915410962019638,
        1.8555234948049317,
        1.9074498129084876,
        2.0116113321109284,
        2.046438075064497,
        1.9057984910532322,
        1.8241242481482227,
        1.850449675268,
        1.781851646351439,
        1.8349048797349254,
        1.9030730315512145,
        1.9030246876818586,
        2.0264320016084834,
        2.0694436315159925,
        2.1356575118131884,
        2.138550574993332,
        2.1987607977360244,
        2.177717164444186,
        2.1479789236739752,
        2.121759741963727,
        2.0165715289310167,
        1.968870238977864,
        2.0735241222063205,
        2.079311198591682,
        2.090630932049151,
        2.162218870107194,
        2.254920381781149,
        2.327448027066418,
        2.3119107291150103,
        2.1730666730669963,
        2.261252660552445,
        2.2880021466689695,
        2.345322012324925,
        2.4047776867816735,
        2.361015585027421,
        2.374378288303929,
        2.3955918989308085,
        2.518223944425771,
        2.5503520616340016,
        2.6471931169262954,
        2.6980520639951693,
        2.7617507514713497,
        2.7248970603266818,
        2.855535194906863,
        2.7719924279716315,
        2.855455274946185,
        2.9768550831360456,
        3.055421326816138,
        3.1207581469160908,
        3.0378285879349107,
        3.1616184015791062,
        3.18334333261854,
        3.2089446387470186,
        3.2820467698488476,
        3.3435510937516173,
        3.303621539050293,
        3.420951717586406,
        3.369373402928451,
        3.4408815394830485,
        3.5215395579330617,
        3.509086137685519,
        3.4422267705907528,
        3.6110102188899385,
        3.559337323974081,
        3.5929654190067972,
        3.6283376015424427,
        3.5609951999676994,
        3.630210629618577,
        3.4443738921888096,
        3.41280021433767,
        3.4705129419518626,
        3.4777333333018774,
        3.4236099997467693,
        3.4285441281705404,
        3.4605551537305224,
        3.5654115447412686,
        3.576747156445932,
        3.6280075128816915,
        3.6511215918020477,
        3.7734173496163503,
        3.7765357666962247,
        3.779673148437902,
        3.718414864836994,
        3.831185051477486,
        3.8960150016312296,
        3.9590949749514226,
        4.0898727475296575,
        4.09434101286399,
        4.130502607195803,
        4.177314440703433,
        4.191466448488072,
        4.260705705707694,
        4.280929553402938,
        4.34190633260312,
        4.4211651996124495,
        4.523363219806299,
        4.575082836514133,
        4.757957764532853,
        4.621139465251998,
        4.546743834658132,
        4.562068254259433,
        4.641573888756897,
        4.6697843008931885,
        4.778843690498576,
        4.890421670729762,
        4.894479328706528,
        4.6480309529430635,
        4.667940164075506,
        4.68445097540697,
        4.75519063404542,
        4.754001272154028,
        4.8404954888085605,
        4.994707162804277,
        4.768494417649634,
        4.8522912377872975
      ]
    },
    "test_equity": {
      "labels": [
        "2019-07",
        "2019-08",
        "2019-09",
        "2019-10",
        "2019-11",
        "2019-12",
        "2020-01",
        "2020-02",
        "2020-03",
        "2020-04",
        "2020-05",
        "2020-06",
        "2020-07",
        "2020-08",
        "2020-09",
        "2020-10",
        "2020-11",
        "2020-12",
        "2021-01",
        "2021-02",
        "2021-03",
        "2021-04",
        "2021-05",
        "2021-06",
        "2021-07",
        "2021-08",
        "2021-09",
        "2021-10",
        "2021-11",
        "2021-12",
        "2022-01",
        "2022-02",
        "2022-03",
        "2022-04",
        "2022-05",
        "2022-06",
        "2022-07",
        "2022-08",
        "2022-09",
        "2022-10",
        "2022-11",
        "2022-12",
        "2023-01",
        "2023-02",
        "2023-03",
        "2023-04",
        "2023-05",
        "2023-06",
        "2023-07",
        "2023-08",
        "2023-09",
        "2023-10",
        "2023-11",
        "2023-12",
        "2024-01",
        "2024-02",
        "2024-03",
        "2024-04",
        "2024-05",
        "2024-06",
        "2024-07",
        "2024-08",
        "2024-09",
        "2024-10",
        "2024-11",
        "2024-12",
        "2025-01",
        "2025-02",
        "2025-03",
        "2025-04",
        "2025-05",
        "2025-06",
        "2025-07",
        "2025-08",
        "2025-09",
        "2025-10",
        "2025-11",
        "2025-12",
        "2026-01",
        "2026-02",
        "2026-03",
        "2026-04",
        "2026-05",
        "2026-06",
        "2026-07"
      ],
      "values": [
        4.91028192890478,
        4.87085355672857,
        4.94137064115788,
        5.030219709451922,
        5.180672621575517,
        5.305973427907972,
        5.325843602794906,
        4.969941160275688,
        4.7690936287292915,
        5.020590539631866,
        5.1091737410282105,
        5.194115821351242,
        5.499433273213769,
        5.883275965323281,
        5.662984627760411,
        5.522970311190511,
        6.10729079817004,
        6.331425693186318,
        6.26919222081425,
        6.434019962682093,
        6.700660664714871,
        7.019160040309064,
        7.068596341752799,
        7.215942702324814,
        7.394382833920517,
        7.597292934758312,
        7.270167767237341,
        7.7191026740454936,
        7.673367872402464,
        7.9940858684211085,
        7.6039501686382485,
        7.433067052971491,
        7.386301827837419,
        7.13961080023005,
        7.078566379295372,
        6.835947625879826,
        7.144368040453485,
        6.939789229735236,
        6.465750951052072,
        6.557342151071039,
        6.6775312323317655,
        6.584757789367758,
        6.721369751660586,
        6.627152210018764,
        6.817347218943233,
        6.888458781558091,
        6.88257379150481,
        7.151343991670823,
        7.295882222849291,
        7.20109226814444,
        6.945708202087019,
        6.84811070839033,
        7.0349320112663145,
        7.2771200471715405,
        7.353260548717017,
        7.531818585482251,
        7.685192525132498,
        7.464424075642901,
        7.705697831779773,
        7.863199265214169,
        7.9821176561677465,
        8.107981330476248,
        8.254833822175124,
        8.14302513010605,
        8.382351150020025,
        8.213428388344967,
        8.369407476799683,
        8.43278436800693,
        8.250437516464016,
        8.25707682500926,
        8.204900730602573,
        8.41527502642641,
        8.502658279016876,
        8.657689957057391,
        8.821649148403111,
        8.934970410362721,
        8.955336053032743,
        8.929213309535912,
        9.01071180904866,
        9.046338494503178,
        8.780832518963484,
        8.872376646750393,
        9.063238430942771,
        9.004084752124754,
        8.923653568075885
      ]
    },
    "cost": {
      "labels": [
        "0",
        "1",
        "2",
        "3",
        "4",
        "5",
        "6",
        "7",
        "8",
        "9",
        "10",
        "11",
        "12",
        "13",
        "14",
        "15",
        "16",
        "17",
        "18",
        "19",
        "20",
        "21",
        "22",
        "23",
        "24"
      ],
      "sharpe": [
        1.0872847435867836,
        1.0869110648742395,
        1.0865373861616954,
        1.086163707449151,
        1.085790028736607,
        1.085416350024063,
        1.0850426713115187,
        1.0846689925989743,
        1.0842953138864304,
        1.0839216351738863,
        1.0835479564613422,
        1.0831742777487978,
        1.0828005990362537,
        1.0824269203237098,
        1.0820532416111655,
        1.081679562898621,
        1.0813058841860772,
        1.080932205473533,
        1.0805585267609887,
        1.0801848480484446,
        1.0798111693359005,
        1.0794374906233564,
        1.0790638119108122,
        1.078690133198268,
        1.0783164544857238
      ],
      "cagr": [
        0.09797530137048582,
        0.09793864699299037,
        0.0979019937371115,
        0.09786534160282123,
        0.09782869059008714,
        0.09779204069887748,
        0.09775539192915916,
        0.09771874428090488,
        0.09768209775408199,
        0.09764545234865829,
        0.09760880806460182,
        0.09757216490188414,
        0.09753552286047307,
        0.09749888194033685,
        0.09746224214144261,
        0.09742560346376261,
        0.09738896590726465,
        0.0973523294719163,
        0.0973156941576856,
        0.09727905996454433,
        0.0972424268924601,
        0.09720579494140114,
        0.0971691641113348,
        0.0971325344022329,
        0.09709590581406369
      ]
    },
    "noise": {
      "labels": [
        "0.05",
        "0.1",
        "0.2",
        "0.3",
        "0.5",
        "0.75",
        "1.0",
        "1.5"
      ],
      "median_sharpe": [
        1.0859123121586978,
        1.0818259919032447,
        1.0659301959102447,
        1.0409263827324011,
        0.9713592939314627,
        0.8679986271834078,
        0.7665836487546526,
        0.6006850968924107
      ],
      "p10_sharpe": [
        1.085500582730272,
        1.080188366398183,
        1.059523831607283,
        1.0270188744760864,
        0.9365816590348665,
        0.8022127922623951,
        0.6703733203050133,
        0.4547052028840988
      ],
      "p90_sharpe": [
        1.0863240415871236,
        1.0834636174083063,
        1.0723365602132064,
        1.0548338909887158,
        1.006136928828059,
        0.9337844621044206,
        0.8627939772042919,
        0.7466649909007226
      ]
    },
    "regimes": {
      "labels": [
        "Strong bull",
        "Bull",
        "Sideways",
        "Bear",
        "Strong bear",
        "Volatility up",
        "Volatility down"
      ],
      "strategy": [
        0.009955423349886238,
        0.005090459838855067,
        -0.008625251287479097,
        0.0037731513133578577,
        null,
        0.01528243001720006,
        0.006134402354436668
      ],
      "spy": [
        0.013943287336567353,
        0.0097168992812941,
        -0.028492105700941038,
        -0.0153320971081605,
        null,
        0.022136006446948794,
        0.0007713629166074671
      ]
    }
  },
  "tools": [
    {
      "id": "strategy_report",
      "title": "Strategy report",
      "href": "../strategies/eey-with-momentum.html",
      "status": "ok",
      "note": "Equity, allocations, and replication metrics."
    },
    {
      "id": "quantstats",
      "title": "QuantStats tearsheet",
      "href": "../tearsheets/strategies/eey-with-momentum.html",
      "status": "ok",
      "note": "Full QuantStats HTML from the same monthly ours path."
    },
    {
      "id": "paper_to_profit",
      "title": "Paper to Profit robustness",
      "href": "https://papertoprofit.substack.com/t/tutorials",
      "status": "ok",
      "note": "t-test vs zero and SPY, overlapping-block bootstrap, rolling OLS alpha decay, 70/30 stability, extra-bps cost grid, return-space noise, and seven SPY regimes. Walk-forward parameter search is not estimable on this catalog snapshot."
    }
  ],
  "writeup": {
    "verdict": "Excess Earnings Yield Dynamic with Momentum receives a research grade of F (composite 39 / 100) on Paper-to-Profit robustness tests run against published monthly ours versus SPY. On these tests the published path does not currently support a constructive allocation case.",
    "edge": "The path makes money vs zero (p=0.000) but is not a significant edge versus SPY (p=0.186, excess -0.20% per month). Same failure mode as a strategy that only rides beta.",
    "bootstrap": "Block bootstrap of consecutive months (400 paths): P(beat SPY) over 6.0 months is 26%; over 24.0 months is 16%. This is the Paper-to-Profit 'realistic path' test, not a reshuffled iid sample.",
    "persistence": "10% of 12-month OLS windows have a significantly positive slope and 56% are significantly negative. Terminal strategy/SPY wealth ratio is 0.67. A steadily rising log-relative-wealth line is the decay test from the tutorial; a late collapse is a warning.",
    "stability": "70/30 OOS/IS Sharpe ratio is 0.74; second/first-half Sharpe ratio is 0.75. Walk-forward parameter search is not estimable on a frozen catalog snapshot; this split is the overfit proxy. Return-space noise did not halve Sharpe on the tested grid.",
    "cost": "Average daily turnover is 0.133%. Additional one-way costs through 24 bps did not cut Sharpe in half. That is the tutorial's cost-robust case.",
    "regimes": "The path beats SPY in 16% of classified months (3.0/6.0 regimes). In bear/strong-bear/vol-down months it beats SPY 100% of the time. Crisis windows: Global Financial Crisis: strategy 1.9% vs SPY -46.0%; COVID crash: strategy -10.5% vs SPY -19.4%; 2022 inflation shock: strategy -19.1% vs SPY -23.9%.",
    "headline": "Published CAGR 9.80% / Sharpe 1.09 / max DD -19.1% over 281 months. Those headline stats are context only; the grade is the robustness tests above.",
    "limitations": "Tests use published monthly ours, already lagged one bar in the engine, versus SPY. t-tests assume roughly comparable monthly means; Wilcoxon is shown as a non-normal check. Bootstrap paths are overlapping consecutive months (not iid reshuffles). Noise is added to monthly returns, not to OHLC, because this producer does not rerun backtests. Walk-forward parameter optimization, SPA, and PBO are not estimable without a trial ledger. Fee drag is extra one-way bps on catalog average daily turnover, on top of the published costed path."
  },
  "ranks": {
    "cagr": 48.01980198019802,
    "sharpe": 58.415841584158414,
    "score": 17.326732673267326
  },
  "generated_at": "2026-09-22T18:23:05Z"
}