Lab

Every strategy we test gets a pre-registered gate before it runs. If it passes, it moves toward the next gate. If it fails, the postmortem stays public — and the gate is frozen, so we cannot quietly rewrite the rules.

This page is the full record: every failure, every survivor, every contributor.

S038 · S039ONGOING · FORWARD PAPERReversion + momentum + bond/gold — combined market-neutral book + its bond/gold-diversified variant, holdout-confirmed, now forward paper. Not live. → D006ONGOING · FORWARD PAPERMarket-neutral residual momentum — forward paper, net of borrow, tracking only. Not a live signal, not on the grid. → D005/06ONGOING · EXPLORATIONStock cross-sectional momentum — the discovery sandbox — heatmaps & long/short visuals. Free research, not a frozen test. →
All52Ideas13Failed23Walk-forward4Trade sim12Live0
S033QUEUED S3
Rolling-income covered calls on a held ETF
ResearchLongUS ETFs
IdeaExploreForwardLive
Equity (proxy)
P/L distgate
Sharpe · ann
1.0
Max DD
−31%
Horizon
27.4y
Ann return
+14%
Proxy premium — model under-prices tail risk, so Sharpe is optimistic.
S032QUEUED S3
ETF buy-write entered on oversold (RSI-2) pullbacks
OptionsLongUS ETFs
IdeaDesign & priorsForward paperLive
Equity (proxy)
P/L distgate
Sharpe · ann
0.7
Max DD
−10%
Horizon
27.4y
Ann return
+2%
Proxy premium — model under-prices tail risk, so Sharpe is optimistic.
S020QUEUED S3
Drift after share-buyback announcements
EventsLongUS equities
IdeaQuick-screenWalk-forwardTrade simLive
Equity
P/L distgate
Sharpe · ann
Max DD
Horizon
15y
Ann return
+1%
CONFIRMED 2026-07-20 via a sealed-holdout out-of-sample test. Small-cap 8-K share-repurchase announcements (EDGAR full-text search), enter after the filing, excess vs Russell 2000. In-sample 2020–2024: +0.7% @40d (t=2.8), +1.1% @60d (t=3.6). SEALED HOLDOUT 2010–2019 (a disjoint decade the exploration never saw): +1.0% @40d (t=5.7), +1.2% @60d (t=5.2) — replicates STRONGER out-of-sample on 3,796 independent events. The drift curve above is the average cumulative excess return session-by-session after the announcement. A genuine, OOS-validated small-cap post-announcement drift. Frozen config; per-event alpha (event study). Not yet forward-paper or live.
S004FAILED · STAGE 2
Rotating into the strongest relative-strength leaders
EquitiesLongUS equities
IdeaQuick-screenWalk-forwardTrade simLive
Equity
P/L distgate
Sharpe · ann
0.2
Max DD
−53%
Horizon
15.4y
Ann return
+1%

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21 Aug 2026, 09:14