{
  "ticker": {
    "uuid": "558964d1-b401-4652-9569-97a77959520f",
    "symbol": "JAPN",
    "name": "FRANKLIN TEMPLETON ICAV FRANKLI",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "The SM framework classifies the established weekly price path as the Core Trend. Faster and slower Trend views and Sharemaestro context describe that state but do not alter its direction.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "latest_close": 28.469999,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 22.235001,
    "boundary_margin": 0.280414,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.211018,
    "volatility_stability": 0.9934,
    "risk_context": 0.4739,
    "current_regime": {
      "move": 0.331618,
      "interruption": -0.106557,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 100.0,
    "interpretation": {
      "label": "Positive across all Trend views",
      "headline": "All measured Trend views are positive",
      "body": "The faster, intermediate, established and Core Trend views point in the same direction, giving the current regime broad agreement.",
      "age_context": "The current Core Trend has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 28.0% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-08-01",
        "close": 21.379999,
        "direction_boundary": 19.823,
        "core_momentum": 0.078545,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.191403
      },
      {
        "date": "2025-08-08",
        "close": 22.235001,
        "direction_boundary": 18.931,
        "core_momentum": 0.174529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.198604
      },
      {
        "date": "2025-08-15",
        "close": 22.6325,
        "direction_boundary": 19.934,
        "core_momentum": 0.135372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.198906
      },
      {
        "date": "2025-08-22",
        "close": 22.737499,
        "direction_boundary": 20.16,
        "core_momentum": 0.127852,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.198895
      },
      {
        "date": "2025-08-29",
        "close": 22.285,
        "direction_boundary": 20.307501,
        "core_momentum": 0.097378,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.200685
      },
      {
        "date": "2025-09-05",
        "close": 22.5,
        "direction_boundary": 19.357,
        "core_momentum": 0.16237,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.200406
      },
      {
        "date": "2025-09-12",
        "close": 22.834999,
        "direction_boundary": 19.898001,
        "core_momentum": 0.147603,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.200794
      },
      {
        "date": "2025-09-19",
        "close": 22.985001,
        "direction_boundary": 19.948999,
        "core_momentum": 0.152188,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.200354
      },
      {
        "date": "2025-09-26",
        "close": 23.0275,
        "direction_boundary": 20.014,
        "core_momentum": 0.15057,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.194305
      },
      {
        "date": "2025-10-03",
        "close": 23.2575,
        "direction_boundary": 20.33,
        "core_momentum": 0.143999,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.122897
      },
      {
        "date": "2025-10-10",
        "close": 22.6425,
        "direction_boundary": 20.1975,
        "core_momentum": 0.121055,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130018
      },
      {
        "date": "2025-10-17",
        "close": 23.290001,
        "direction_boundary": 19.961,
        "core_momentum": 0.166775,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12453
      },
      {
        "date": "2025-10-24",
        "close": 23.530001,
        "direction_boundary": 19.281,
        "core_momentum": 0.220372,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.123208
      },
      {
        "date": "2025-10-31",
        "close": 24.18,
        "direction_boundary": 19.591,
        "core_momentum": 0.23424,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.124955
      },
      {
        "date": "2025-11-07",
        "close": 23.924999,
        "direction_boundary": 19.93,
        "core_momentum": 0.200452,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127148
      },
      {
        "date": "2025-11-14",
        "close": 24.377501,
        "direction_boundary": 19.832001,
        "core_momentum": 0.2292,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.128375
      },
      {
        "date": "2025-11-21",
        "close": 23.5375,
        "direction_boundary": 20.155001,
        "core_momentum": 0.167824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139055
      },
      {
        "date": "2025-11-28",
        "close": 23.9925,
        "direction_boundary": 20.305,
        "core_momentum": 0.181606,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139577
      },
      {
        "date": "2025-12-05",
        "close": 23.940001,
        "direction_boundary": 20.682501,
        "core_momentum": 0.1575,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.139193
      },
      {
        "date": "2025-12-12",
        "close": 24.02,
        "direction_boundary": 20.42,
        "core_momentum": 0.176298,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.138807
      },
      {
        "date": "2025-12-19",
        "close": 23.955,
        "direction_boundary": 19.974001,
        "core_momentum": 0.199309,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.137956
      },
      {
        "date": "2025-12-26",
        "close": 23.8225,
        "direction_boundary": 20.317499,
        "core_momentum": 0.172511,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.134961
      },
      {
        "date": "2026-01-02",
        "close": 23.9,
        "direction_boundary": 20.41,
        "core_momentum": 0.170995,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.133605
      },
      {
        "date": "2026-01-09",
        "close": 24.985001,
        "direction_boundary": 20.1975,
        "core_momentum": 0.237034,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141041
      },
      {
        "date": "2026-01-16",
        "close": 25.362499,
        "direction_boundary": 20.514999,
        "core_momentum": 0.236291,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.141142
      },
      {
        "date": "2026-01-23",
        "close": 24.655001,
        "direction_boundary": 20.6675,
        "core_momentum": 0.192936,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.138578
      },
      {
        "date": "2026-01-30",
        "close": 24.790001,
        "direction_boundary": 20.897499,
        "core_momentum": 0.186266,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.137126
      },
      {
        "date": "2026-02-06",
        "close": 25.924999,
        "direction_boundary": 20.877501,
        "core_momentum": 0.241767,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140027
      },
      {
        "date": "2026-02-13",
        "close": 27.252501,
        "direction_boundary": 20.6775,
        "core_momentum": 0.317979,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.152074
      },
      {
        "date": "2026-02-20",
        "close": 26.897499,
        "direction_boundary": 20.7125,
        "core_momentum": 0.298612,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.154629
      },
      {
        "date": "2026-02-27",
        "close": 27.450001,
        "direction_boundary": 20.495001,
        "core_momentum": 0.339351,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.150857
      },
      {
        "date": "2026-03-06",
        "close": 25.577499,
        "direction_boundary": 20.370001,
        "core_momentum": 0.255645,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.186106
      },
      {
        "date": "2026-03-13",
        "close": 25.129999,
        "direction_boundary": 20.58,
        "core_momentum": 0.221088,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.188097
      },
      {
        "date": "2026-03-20",
        "close": 24.6,
        "direction_boundary": 20.862499,
        "core_momentum": 0.179149,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.191192
      },
      {
        "date": "2026-03-27",
        "close": 24.525,
        "direction_boundary": 20.24,
        "core_momentum": 0.211709,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.191352
      },
      {
        "date": "2026-04-03",
        "close": 25.629999,
        "direction_boundary": 18.325001,
        "core_momentum": 0.398636,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.199705
      },
      {
        "date": "2026-04-10",
        "close": 26.105,
        "direction_boundary": 18.809,
        "core_momentum": 0.387899,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.195674
      },
      {
        "date": "2026-04-17",
        "close": 26.567499,
        "direction_boundary": 19.593,
        "core_momentum": 0.355969,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.19375
      },
      {
        "date": "2026-04-24",
        "close": 25.625,
        "direction_boundary": 19.985001,
        "core_momentum": 0.282212,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.201772
      },
      {
        "date": "2026-05-01",
        "close": 25.797501,
        "direction_boundary": 20.4125,
        "core_momentum": 0.263809,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.198882
      },
      {
        "date": "2026-05-08",
        "close": 26.860001,
        "direction_boundary": 20.485001,
        "core_momentum": 0.311203,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.204646
      },
      {
        "date": "2026-05-15",
        "close": 27.2875,
        "direction_boundary": 20.625,
        "core_momentum": 0.32303,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.204275
      },
      {
        "date": "2026-05-22",
        "close": 27.1975,
        "direction_boundary": 20.42,
        "core_momentum": 0.331905,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.196627
      },
      {
        "date": "2026-05-29",
        "close": 27.502501,
        "direction_boundary": 20.752501,
        "core_momentum": 0.325262,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.195833
      },
      {
        "date": "2026-06-05",
        "close": 27.459999,
        "direction_boundary": 20.647499,
        "core_momentum": 0.329943,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.195786
      },
      {
        "date": "2026-06-12",
        "close": 27.495001,
        "direction_boundary": 20.6075,
        "core_momentum": 0.334223,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.195848
      },
      {
        "date": "2026-06-19",
        "close": 28.809999,
        "direction_boundary": 20.445,
        "core_momentum": 0.409146,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.203695
      },
      {
        "date": "2026-06-26",
        "close": 28.102501,
        "direction_boundary": 21.035,
        "core_momentum": 0.335988,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.207813
      },
      {
        "date": "2026-07-03",
        "close": 28.245001,
        "direction_boundary": 20.855,
        "core_momentum": 0.354352,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.207774
      },
      {
        "date": "2026-07-10",
        "close": 28.077499,
        "direction_boundary": 20.559999,
        "core_momentum": 0.365637,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.200991
      },
      {
        "date": "2026-07-17",
        "close": 26.77,
        "direction_boundary": 20.592501,
        "core_momentum": 0.299988,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.212882
      },
      {
        "date": "2026-07-24",
        "close": 27.432501,
        "direction_boundary": 21.567499,
        "core_momentum": 0.271937,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.210383
      },
      {
        "date": "2026-07-31",
        "close": 27.2225,
        "direction_boundary": 21.379999,
        "core_momentum": 0.273269,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.211002
      },
      {
        "date": "2026-08-07",
        "close": 28.469999,
        "direction_boundary": 22.235001,
        "core_momentum": 0.280414,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.211018
      }
    ],
    "price_history": [
      {
        "date": "2024-08-02",
        "close": 19.823,
        "volume": 0
      },
      {
        "date": "2024-08-09",
        "close": 18.931,
        "volume": 0
      },
      {
        "date": "2024-08-16",
        "close": 19.934,
        "volume": 0
      },
      {
        "date": "2024-08-23",
        "close": 20.16,
        "volume": 0
      },
      {
        "date": "2024-08-30",
        "close": 20.307501,
        "volume": 0
      },
      {
        "date": "2024-09-06",
        "close": 19.357,
        "volume": 0
      },
      {
        "date": "2024-09-13",
        "close": 19.898001,
        "volume": 420
      },
      {
        "date": "2024-09-20",
        "close": 19.948999,
        "volume": 0
      },
      {
        "date": "2024-09-27",
        "close": 20.014,
        "volume": 0
      },
      {
        "date": "2024-10-04",
        "close": 20.33,
        "volume": 0
      },
      {
        "date": "2024-10-11",
        "close": 20.1975,
        "volume": 0
      },
      {
        "date": "2024-10-18",
        "close": 19.961,
        "volume": 0
      },
      {
        "date": "2024-10-25",
        "close": 19.281,
        "volume": 0
      },
      {
        "date": "2024-11-01",
        "close": 19.591,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 19.93,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 19.832001,
        "volume": 380
      },
      {
        "date": "2024-11-22",
        "close": 20.155001,
        "volume": 19
      },
      {
        "date": "2024-11-29",
        "close": 20.305,
        "volume": 0
      },
      {
        "date": "2024-12-06",
        "close": 20.682501,
        "volume": 0
      },
      {
        "date": "2024-12-13",
        "close": 20.42,
        "volume": 0
      },
      {
        "date": "2024-12-20",
        "close": 19.974001,
        "volume": 0
      },
      {
        "date": "2024-12-27",
        "close": 20.317499,
        "volume": 0
      },
      {
        "date": "2025-01-03",
        "close": 20.41,
        "volume": 0
      },
      {
        "date": "2025-01-10",
        "close": 20.1975,
        "volume": 0
      },
      {
        "date": "2025-01-17",
        "close": 20.514999,
        "volume": 386
      },
      {
        "date": "2025-01-24",
        "close": 20.6675,
        "volume": 380
      },
      {
        "date": "2025-01-31",
        "close": 20.897499,
        "volume": 0
      },
      {
        "date": "2025-02-07",
        "close": 20.877501,
        "volume": 0
      },
      {
        "date": "2025-02-14",
        "close": 20.6775,
        "volume": 0
      },
      {
        "date": "2025-02-21",
        "close": 20.7125,
        "volume": 759
      },
      {
        "date": "2025-02-28",
        "close": 20.495001,
        "volume": 0
      },
      {
        "date": "2025-03-07",
        "close": 20.370001,
        "volume": 0
      },
      {
        "date": "2025-03-14",
        "close": 20.58,
        "volume": 380
      },
      {
        "date": "2025-03-21",
        "close": 20.862499,
        "volume": 380
      },
      {
        "date": "2025-03-28",
        "close": 20.24,
        "volume": 0
      },
      {
        "date": "2025-04-04",
        "close": 18.325001,
        "volume": 4181
      },
      {
        "date": "2025-04-11",
        "close": 18.809,
        "volume": 0
      },
      {
        "date": "2025-04-18",
        "close": 19.593,
        "volume": 380
      },
      {
        "date": "2025-04-25",
        "close": 19.985001,
        "volume": 0
      },
      {
        "date": "2025-05-02",
        "close": 20.4125,
        "volume": 0
      },
      {
        "date": "2025-05-09",
        "close": 20.485001,
        "volume": 0
      },
      {
        "date": "2025-05-16",
        "close": 20.625,
        "volume": 0
      },
      {
        "date": "2025-05-23",
        "close": 20.42,
        "volume": 13489
      },
      {
        "date": "2025-05-30",
        "close": 20.752501,
        "volume": 361
      },
      {
        "date": "2025-06-06",
        "close": 20.647499,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 20.6075,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 20.445,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 21.035,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 20.855,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 20.559999,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 20.592501,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 21.567499,
        "volume": 760
      },
      {
        "date": "2025-08-01",
        "close": 21.379999,
        "volume": 1140
      },
      {
        "date": "2025-08-08",
        "close": 22.235001,
        "volume": 380
      },
      {
        "date": "2025-08-15",
        "close": 22.6325,
        "volume": 0
      },
      {
        "date": "2025-08-22",
        "close": 22.737499,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 22.285,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 22.5,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 22.834999,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 22.985001,
        "volume": 0
      },
      {
        "date": "2025-09-26",
        "close": 23.0275,
        "volume": 760
      },
      {
        "date": "2025-10-03",
        "close": 23.2575,
        "volume": 0
      },
      {
        "date": "2025-10-10",
        "close": 22.6425,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 23.290001,
        "volume": 1990
      },
      {
        "date": "2025-10-24",
        "close": 23.530001,
        "volume": 0
      },
      {
        "date": "2025-10-31",
        "close": 24.18,
        "volume": 0
      },
      {
        "date": "2025-11-07",
        "close": 23.924999,
        "volume": 0
      },
      {
        "date": "2025-11-14",
        "close": 24.377501,
        "volume": 13504
      },
      {
        "date": "2025-11-21",
        "close": 23.5375,
        "volume": 760
      },
      {
        "date": "2025-11-28",
        "close": 23.9925,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 23.940001,
        "volume": 0
      },
      {
        "date": "2025-12-12",
        "close": 24.02,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 23.955,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 23.8225,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 23.9,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 24.985001,
        "volume": 0
      },
      {
        "date": "2026-01-16",
        "close": 25.362499,
        "volume": 0
      },
      {
        "date": "2026-01-23",
        "close": 24.655001,
        "volume": 380
      },
      {
        "date": "2026-01-30",
        "close": 24.790001,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 25.924999,
        "volume": 790
      },
      {
        "date": "2026-02-13",
        "close": 27.252501,
        "volume": 1520
      },
      {
        "date": "2026-02-20",
        "close": 26.897499,
        "volume": 364
      },
      {
        "date": "2026-02-27",
        "close": 27.450001,
        "volume": 106
      },
      {
        "date": "2026-03-06",
        "close": 25.577499,
        "volume": 783
      },
      {
        "date": "2026-03-13",
        "close": 25.129999,
        "volume": 1536
      },
      {
        "date": "2026-03-20",
        "close": 24.6,
        "volume": 52
      },
      {
        "date": "2026-03-27",
        "close": 24.525,
        "volume": 1149
      },
      {
        "date": "2026-04-03",
        "close": 25.629999,
        "volume": 407
      },
      {
        "date": "2026-04-10",
        "close": 26.105,
        "volume": 258
      },
      {
        "date": "2026-04-17",
        "close": 26.567499,
        "volume": 24
      },
      {
        "date": "2026-04-24",
        "close": 25.625,
        "volume": 46
      },
      {
        "date": "2026-05-01",
        "close": 25.797501,
        "volume": 76
      },
      {
        "date": "2026-05-08",
        "close": 26.860001,
        "volume": 412
      },
      {
        "date": "2026-05-15",
        "close": 27.2875,
        "volume": 1
      },
      {
        "date": "2026-05-22",
        "close": 27.1975,
        "volume": 544
      },
      {
        "date": "2026-05-29",
        "close": 27.502501,
        "volume": 1903
      },
      {
        "date": "2026-06-05",
        "close": 27.459999,
        "volume": 12
      },
      {
        "date": "2026-06-12",
        "close": 27.495001,
        "volume": 431
      },
      {
        "date": "2026-06-19",
        "close": 28.809999,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 28.102501,
        "volume": 779
      },
      {
        "date": "2026-07-03",
        "close": 28.245001,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 28.077499,
        "volume": 456
      },
      {
        "date": "2026-07-17",
        "close": 26.77,
        "volume": 1223
      },
      {
        "date": "2026-07-24",
        "close": 27.432501,
        "volume": 1575
      },
      {
        "date": "2026-07-31",
        "close": 27.2225,
        "volume": 770
      },
      {
        "date": "2026-08-07",
        "close": 28.469999,
        "volume": 991
      }
    ],
    "sharemaestro_context": {
      "trend": 26.627417,
      "fair_value": 22.748722,
      "market_activity": 12.902217,
      "market_dynamics": 0.107979,
      "relative_strength": 3.999826
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.028587,
        "directional_follow_through": 0.8462,
        "regime_survival": 1.0,
        "conditional_difference": 0.006768,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.04794,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.012001,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 2,
        "median_return": 0.12881,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.009942,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.273269,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.003572,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2025-08-01",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.331618
      }
    ]
  }
}