{
  "ticker": {
    "uuid": "77437cb2-2f46-4b6b-93f1-9ca93e2a369e",
    "symbol": "489010",
    "name": "Hanwha Plus Global AI Infrastructure ETF",
    "exchange": "KSC",
    "country": "KR",
    "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": 21225.0,
    "direction": "positive",
    "state": "Positive, shorter trend weakening",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 14715.0,
    "boundary_margin": 0.442406,
    "trend_agreement": "Broadly aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.306399,
    "volatility_stability": 1.4429,
    "risk_context": 0.3264,
    "current_regime": {
      "move": 0.445352,
      "interruption": -0.207185,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 90.0,
    "interpretation": {
      "label": "Positive, shorter trend weakening",
      "headline": "Positive, shorter trend weakening",
      "body": "The Core Trend remains in force, but the Fast Trend now points the other way. That is an early loss of persistence, not yet a regime change.",
      "age_context": "The current Core Trend has persisted into a mature lifecycle.",
      "boundary_context": "The latest close is 44.2% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-08-15",
        "close": 14685.0,
        "direction_boundary": 10883.15332,
        "core_momentum": 0.349333,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.351599
      },
      {
        "date": "2025-08-22",
        "close": 14215.0,
        "direction_boundary": 10639.091797,
        "core_momentum": 0.33611,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.348834
      },
      {
        "date": "2025-08-29",
        "close": 14675.0,
        "direction_boundary": 10375.106445,
        "core_momentum": 0.414443,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.307509
      },
      {
        "date": "2025-09-05",
        "close": 14415.0,
        "direction_boundary": 9797.328125,
        "core_momentum": 0.47132,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.296362
      },
      {
        "date": "2025-09-12",
        "close": 14740.0,
        "direction_boundary": 10439.857422,
        "core_momentum": 0.411897,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.296562
      },
      {
        "date": "2025-09-19",
        "close": 14920.0,
        "direction_boundary": 10723.765625,
        "core_momentum": 0.391302,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.295088
      },
      {
        "date": "2025-09-26",
        "close": 15010.0,
        "direction_boundary": 11142.157227,
        "core_momentum": 0.347136,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.276418
      },
      {
        "date": "2025-10-03",
        "close": 15865.0,
        "direction_boundary": 10957.866211,
        "core_momentum": 0.447818,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.218399
      },
      {
        "date": "2025-10-10",
        "close": 16730.0,
        "direction_boundary": 11675.108398,
        "core_momentum": 0.432963,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.223513
      },
      {
        "date": "2025-10-17",
        "close": 15980.0,
        "direction_boundary": 12203.078125,
        "core_momentum": 0.309506,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.232933
      },
      {
        "date": "2025-10-24",
        "close": 16490.0,
        "direction_boundary": 11993.881836,
        "core_momentum": 0.374868,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.216945
      },
      {
        "date": "2025-10-31",
        "close": 17360.0,
        "direction_boundary": 11714.955078,
        "core_momentum": 0.481867,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.221228
      },
      {
        "date": "2025-11-07",
        "close": 16365.0,
        "direction_boundary": 12616.488281,
        "core_momentum": 0.297112,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.245811
      },
      {
        "date": "2025-11-14",
        "close": 15770.0,
        "direction_boundary": 12257.867188,
        "core_momentum": 0.286521,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.223617
      },
      {
        "date": "2025-11-21",
        "close": 15385.0,
        "direction_boundary": 12731.047852,
        "core_momentum": 0.208463,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.228696
      },
      {
        "date": "2025-11-28",
        "close": 15640.0,
        "direction_boundary": 12352.50293,
        "core_momentum": 0.26614,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.227819
      },
      {
        "date": "2025-12-05",
        "close": 16030.0,
        "direction_boundary": 12910.358398,
        "core_momentum": 0.241639,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.228196
      },
      {
        "date": "2025-12-12",
        "close": 16000.0,
        "direction_boundary": 12651.354492,
        "core_momentum": 0.264687,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.228588
      },
      {
        "date": "2025-12-19",
        "close": 15555.0,
        "direction_boundary": 11834.495117,
        "core_momentum": 0.314378,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.234141
      },
      {
        "date": "2025-12-26",
        "close": 15760.0,
        "direction_boundary": 12656.334961,
        "core_momentum": 0.245226,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.226345
      },
      {
        "date": "2026-01-02",
        "close": 15690.0,
        "direction_boundary": 12327.599609,
        "core_momentum": 0.272754,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.22636
      },
      {
        "date": "2026-01-09",
        "close": 15690.0,
        "direction_boundary": 12750.97168,
        "core_momentum": 0.230494,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.225631
      },
      {
        "date": "2026-01-16",
        "close": 16440.0,
        "direction_boundary": 12591.583984,
        "core_momentum": 0.305634,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.225609
      },
      {
        "date": "2026-01-23",
        "close": 16605.0,
        "direction_boundary": 13338.710938,
        "core_momentum": 0.244873,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.224985
      },
      {
        "date": "2026-01-30",
        "close": 16760.0,
        "direction_boundary": 12063.614258,
        "core_momentum": 0.389302,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.220712
      },
      {
        "date": "2026-02-06",
        "close": 16580.0,
        "direction_boundary": 12198.09668,
        "core_momentum": 0.359228,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.218938
      },
      {
        "date": "2026-02-13",
        "close": 17350.0,
        "direction_boundary": 12661.316406,
        "core_momentum": 0.370316,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.225839
      },
      {
        "date": "2026-02-20",
        "close": 17490.0,
        "direction_boundary": 13338.710938,
        "core_momentum": 0.311221,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.218744
      },
      {
        "date": "2026-02-27",
        "close": 17350.0,
        "direction_boundary": 11899.246094,
        "core_momentum": 0.458076,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.217024
      },
      {
        "date": "2026-03-06",
        "close": 17665.0,
        "direction_boundary": 11261.697266,
        "core_momentum": 0.568591,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.214673
      },
      {
        "date": "2026-03-13",
        "close": 17630.0,
        "direction_boundary": 11485.835938,
        "core_momentum": 0.534934,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.214038
      },
      {
        "date": "2026-03-20",
        "close": 17685.0,
        "direction_boundary": 11839.475586,
        "core_momentum": 0.493732,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.213961
      },
      {
        "date": "2026-03-27",
        "close": 17690.0,
        "direction_boundary": 11117.25293,
        "core_momentum": 0.59122,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.214137
      },
      {
        "date": "2026-04-03",
        "close": 17770.0,
        "direction_boundary": 9941.772461,
        "core_momentum": 0.787408,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.2021
      },
      {
        "date": "2026-04-10",
        "close": 18745.0,
        "direction_boundary": 10210.738281,
        "core_momentum": 0.835812,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.202258
      },
      {
        "date": "2026-04-17",
        "close": 19420.0,
        "direction_boundary": 9946.753906,
        "core_momentum": 0.952396,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.193067
      },
      {
        "date": "2026-04-24",
        "close": 20170.0,
        "direction_boundary": 10763.613281,
        "core_momentum": 0.873906,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.194872
      },
      {
        "date": "2026-05-01",
        "close": 20000.0,
        "direction_boundary": 10790.0,
        "core_momentum": 0.853568,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.185503
      },
      {
        "date": "2026-05-08",
        "close": 21315.0,
        "direction_boundary": 11000.0,
        "core_momentum": 0.937727,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.17811
      },
      {
        "date": "2026-05-15",
        "close": 23130.0,
        "direction_boundary": 12160.0,
        "core_momentum": 0.902138,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.190849
      },
      {
        "date": "2026-05-22",
        "close": 22560.0,
        "direction_boundary": 12225.0,
        "core_momentum": 0.845399,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.190946
      },
      {
        "date": "2026-05-29",
        "close": 23275.0,
        "direction_boundary": 12145.0,
        "core_momentum": 0.916427,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.192304
      },
      {
        "date": "2026-06-05",
        "close": 24495.0,
        "direction_boundary": 12135.0,
        "core_momentum": 1.018541,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.198282
      },
      {
        "date": "2026-06-12",
        "close": 22305.0,
        "direction_boundary": 12165.0,
        "core_momentum": 0.833539,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.249383
      },
      {
        "date": "2026-06-19",
        "close": 22905.0,
        "direction_boundary": 12430.0,
        "core_momentum": 0.842719,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.242859
      },
      {
        "date": "2026-06-26",
        "close": 22395.0,
        "direction_boundary": 13075.0,
        "core_momentum": 0.712811,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.248343
      },
      {
        "date": "2026-07-03",
        "close": 21545.0,
        "direction_boundary": 13310.0,
        "core_momentum": 0.618708,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.257663
      },
      {
        "date": "2026-07-10",
        "close": 21690.0,
        "direction_boundary": 13580.0,
        "core_momentum": 0.597202,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.257195
      },
      {
        "date": "2026-07-17",
        "close": 21155.0,
        "direction_boundary": 14230.0,
        "core_momentum": 0.486648,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.257316
      },
      {
        "date": "2026-07-24",
        "close": 20995.0,
        "direction_boundary": 14490.0,
        "core_momentum": 0.44893,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.258429
      },
      {
        "date": "2026-07-31",
        "close": 19420.0,
        "direction_boundary": 15020.0,
        "core_momentum": 0.292943,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.285199
      },
      {
        "date": "2026-08-07",
        "close": 21225.0,
        "direction_boundary": 14715.0,
        "core_momentum": 0.442406,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.306399
      }
    ],
    "price_history": [
      {
        "date": "2024-08-16",
        "close": 10883.15332,
        "volume": 443462
      },
      {
        "date": "2024-08-23",
        "close": 10639.091797,
        "volume": 434087
      },
      {
        "date": "2024-08-30",
        "close": 10375.106445,
        "volume": 319457
      },
      {
        "date": "2024-09-06",
        "close": 9797.328125,
        "volume": 576091
      },
      {
        "date": "2024-09-13",
        "close": 10439.857422,
        "volume": 178432
      },
      {
        "date": "2024-09-20",
        "close": 10723.765625,
        "volume": 4694
      },
      {
        "date": "2024-09-27",
        "close": 11142.157227,
        "volume": 3890
      },
      {
        "date": "2024-10-04",
        "close": 10957.866211,
        "volume": 10808
      },
      {
        "date": "2024-10-11",
        "close": 11675.108398,
        "volume": 3040
      },
      {
        "date": "2024-10-18",
        "close": 12203.078125,
        "volume": 4649
      },
      {
        "date": "2024-10-25",
        "close": 11993.881836,
        "volume": 8189
      },
      {
        "date": "2024-11-01",
        "close": 11714.955078,
        "volume": 103227
      },
      {
        "date": "2024-11-08",
        "close": 12616.488281,
        "volume": 2331
      },
      {
        "date": "2024-11-15",
        "close": 12257.867188,
        "volume": 13463
      },
      {
        "date": "2024-11-22",
        "close": 12731.047852,
        "volume": 21093
      },
      {
        "date": "2024-11-29",
        "close": 12352.50293,
        "volume": 13211
      },
      {
        "date": "2024-12-06",
        "close": 12910.358398,
        "volume": 7420
      },
      {
        "date": "2024-12-13",
        "close": 12651.354492,
        "volume": 6049
      },
      {
        "date": "2024-12-20",
        "close": 11834.495117,
        "volume": 1935
      },
      {
        "date": "2024-12-27",
        "close": 12656.334961,
        "volume": 1678
      },
      {
        "date": "2025-01-03",
        "close": 12327.599609,
        "volume": 1149
      },
      {
        "date": "2025-01-10",
        "close": 12750.97168,
        "volume": 8186
      },
      {
        "date": "2025-01-17",
        "close": 12591.583984,
        "volume": 2068
      },
      {
        "date": "2025-01-24",
        "close": 13338.710938,
        "volume": 31486
      },
      {
        "date": "2025-01-31",
        "close": 12063.614258,
        "volume": 4398
      },
      {
        "date": "2025-02-07",
        "close": 12198.09668,
        "volume": 11742
      },
      {
        "date": "2025-02-14",
        "close": 12661.316406,
        "volume": 13523
      },
      {
        "date": "2025-02-21",
        "close": 13338.710938,
        "volume": 19961
      },
      {
        "date": "2025-02-28",
        "close": 11899.246094,
        "volume": 9559
      },
      {
        "date": "2025-03-07",
        "close": 11261.697266,
        "volume": 6342
      },
      {
        "date": "2025-03-14",
        "close": 11485.835938,
        "volume": 3498
      },
      {
        "date": "2025-03-21",
        "close": 11839.475586,
        "volume": 3048
      },
      {
        "date": "2025-03-28",
        "close": 11117.25293,
        "volume": 2933
      },
      {
        "date": "2025-04-04",
        "close": 9941.772461,
        "volume": 2893
      },
      {
        "date": "2025-04-11",
        "close": 10210.738281,
        "volume": 2180
      },
      {
        "date": "2025-04-18",
        "close": 9946.753906,
        "volume": 948
      },
      {
        "date": "2025-04-25",
        "close": 10763.613281,
        "volume": 828
      },
      {
        "date": "2025-05-02",
        "close": 10790.0,
        "volume": 6683
      },
      {
        "date": "2025-05-09",
        "close": 11000.0,
        "volume": 4072
      },
      {
        "date": "2025-05-16",
        "close": 12160.0,
        "volume": 9610
      },
      {
        "date": "2025-05-23",
        "close": 12225.0,
        "volume": 8529
      },
      {
        "date": "2025-05-30",
        "close": 12145.0,
        "volume": 5612
      },
      {
        "date": "2025-06-06",
        "close": 12135.0,
        "volume": 2569
      },
      {
        "date": "2025-06-13",
        "close": 12165.0,
        "volume": 4468
      },
      {
        "date": "2025-06-20",
        "close": 12430.0,
        "volume": 4427
      },
      {
        "date": "2025-06-27",
        "close": 13075.0,
        "volume": 3931
      },
      {
        "date": "2025-07-04",
        "close": 13310.0,
        "volume": 14022
      },
      {
        "date": "2025-07-11",
        "close": 13580.0,
        "volume": 3442
      },
      {
        "date": "2025-07-18",
        "close": 14230.0,
        "volume": 54640
      },
      {
        "date": "2025-07-25",
        "close": 14490.0,
        "volume": 30157
      },
      {
        "date": "2025-08-01",
        "close": 15020.0,
        "volume": 122119
      },
      {
        "date": "2025-08-08",
        "close": 14715.0,
        "volume": 441718
      },
      {
        "date": "2025-08-15",
        "close": 14685.0,
        "volume": 822899
      },
      {
        "date": "2025-08-22",
        "close": 14215.0,
        "volume": 22120
      },
      {
        "date": "2025-08-29",
        "close": 14675.0,
        "volume": 4825
      },
      {
        "date": "2025-09-05",
        "close": 14415.0,
        "volume": 2712
      },
      {
        "date": "2025-09-12",
        "close": 14740.0,
        "volume": 14055
      },
      {
        "date": "2025-09-19",
        "close": 14920.0,
        "volume": 7306
      },
      {
        "date": "2025-09-26",
        "close": 15010.0,
        "volume": 14275
      },
      {
        "date": "2025-10-03",
        "close": 15865.0,
        "volume": 11822
      },
      {
        "date": "2025-10-10",
        "close": 16730.0,
        "volume": 4290
      },
      {
        "date": "2025-10-17",
        "close": 15980.0,
        "volume": 33557
      },
      {
        "date": "2025-10-24",
        "close": 16490.0,
        "volume": 13117
      },
      {
        "date": "2025-10-31",
        "close": 17360.0,
        "volume": 17972
      },
      {
        "date": "2025-11-07",
        "close": 16365.0,
        "volume": 13116
      },
      {
        "date": "2025-11-14",
        "close": 15770.0,
        "volume": 10175
      },
      {
        "date": "2025-11-21",
        "close": 15385.0,
        "volume": 7367
      },
      {
        "date": "2025-11-28",
        "close": 15640.0,
        "volume": 7471
      },
      {
        "date": "2025-12-05",
        "close": 16030.0,
        "volume": 8365
      },
      {
        "date": "2025-12-12",
        "close": 16000.0,
        "volume": 5500
      },
      {
        "date": "2025-12-19",
        "close": 15555.0,
        "volume": 7896
      },
      {
        "date": "2025-12-26",
        "close": 15760.0,
        "volume": 20423
      },
      {
        "date": "2026-01-02",
        "close": 15690.0,
        "volume": 5230
      },
      {
        "date": "2026-01-09",
        "close": 15690.0,
        "volume": 14222
      },
      {
        "date": "2026-01-16",
        "close": 16440.0,
        "volume": 7624
      },
      {
        "date": "2026-01-23",
        "close": 16605.0,
        "volume": 11540
      },
      {
        "date": "2026-01-30",
        "close": 16760.0,
        "volume": 12886
      },
      {
        "date": "2026-02-06",
        "close": 16580.0,
        "volume": 8261
      },
      {
        "date": "2026-02-13",
        "close": 17350.0,
        "volume": 8595
      },
      {
        "date": "2026-02-20",
        "close": 17490.0,
        "volume": 4642
      },
      {
        "date": "2026-02-27",
        "close": 17350.0,
        "volume": 14605
      },
      {
        "date": "2026-03-06",
        "close": 17665.0,
        "volume": 31931
      },
      {
        "date": "2026-03-13",
        "close": 17630.0,
        "volume": 4360
      },
      {
        "date": "2026-03-20",
        "close": 17685.0,
        "volume": 4608
      },
      {
        "date": "2026-03-27",
        "close": 17690.0,
        "volume": 4566
      },
      {
        "date": "2026-04-03",
        "close": 17770.0,
        "volume": 8461
      },
      {
        "date": "2026-04-10",
        "close": 18745.0,
        "volume": 5096
      },
      {
        "date": "2026-04-17",
        "close": 19420.0,
        "volume": 11662
      },
      {
        "date": "2026-04-24",
        "close": 20170.0,
        "volume": 11289
      },
      {
        "date": "2026-05-01",
        "close": 20000.0,
        "volume": 14163
      },
      {
        "date": "2026-05-08",
        "close": 21315.0,
        "volume": 13281
      },
      {
        "date": "2026-05-15",
        "close": 23130.0,
        "volume": 25003
      },
      {
        "date": "2026-05-22",
        "close": 22560.0,
        "volume": 35882
      },
      {
        "date": "2026-05-29",
        "close": 23275.0,
        "volume": 24490
      },
      {
        "date": "2026-06-05",
        "close": 24495.0,
        "volume": 6444
      },
      {
        "date": "2026-06-12",
        "close": 22305.0,
        "volume": 1956
      },
      {
        "date": "2026-06-19",
        "close": 22905.0,
        "volume": 2911
      },
      {
        "date": "2026-06-26",
        "close": 22395.0,
        "volume": 3138
      },
      {
        "date": "2026-07-03",
        "close": 21545.0,
        "volume": 1410
      },
      {
        "date": "2026-07-10",
        "close": 21690.0,
        "volume": 5845
      },
      {
        "date": "2026-07-17",
        "close": 21155.0,
        "volume": 4329
      },
      {
        "date": "2026-07-24",
        "close": 20995.0,
        "volume": 4899
      },
      {
        "date": "2026-07-31",
        "close": 19420.0,
        "volume": 3480
      },
      {
        "date": "2026-08-07",
        "close": 21225.0,
        "volume": 2747
      }
    ],
    "sharemaestro_context": {
      "trend": 19792.0,
      "fair_value": 15023.969126,
      "market_activity": 9.173306,
      "market_dynamics": -0.921115,
      "relative_strength": -3.530953
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.0517,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.030487,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.132569,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.023233,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 1,
        "median_return": 0.373168,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.125783,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2025-08-15",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.445352
      }
    ]
  }
}