{
  "ticker": {
    "uuid": "896677e1-23ce-4f20-afda-f8f63a673254",
    "symbol": "LCDS",
    "name": "JPMorgan Fundamental Data Science Large Core ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "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": 74.3944,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 60.292973,
    "boundary_margin": 0.233882,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.134009,
    "volatility_stability": 0.9476,
    "risk_context": 0.7462,
    "current_regime": {
      "move": 0.233882,
      "interruption": -0.081715,
      "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 23.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-08-08",
        "close": 60.292973,
        "direction_boundary": 50.565541,
        "core_momentum": 0.192373,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.218571
      },
      {
        "date": "2025-08-15",
        "close": 60.95167,
        "direction_boundary": 52.665276,
        "core_momentum": 0.157341,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.218037
      },
      {
        "date": "2025-08-22",
        "close": 61.11302,
        "direction_boundary": 53.265959,
        "core_momentum": 0.147318,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.216001
      },
      {
        "date": "2025-08-29",
        "close": 61.106372,
        "direction_boundary": 53.348961,
        "core_momentum": 0.145409,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.215664
      },
      {
        "date": "2025-09-05",
        "close": 61.243708,
        "direction_boundary": 51.173403,
        "core_momentum": 0.196788,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.209969
      },
      {
        "date": "2025-09-12",
        "close": 62.329299,
        "direction_boundary": 53.115198,
        "core_momentum": 0.173474,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.208194
      },
      {
        "date": "2025-09-19",
        "close": 63.082961,
        "direction_boundary": 53.876574,
        "core_momentum": 0.170879,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.208319
      },
      {
        "date": "2025-09-26",
        "close": 62.845922,
        "direction_boundary": 54.283216,
        "core_momentum": 0.157741,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.205998
      },
      {
        "date": "2025-10-03",
        "close": 63.522648,
        "direction_boundary": 54.535416,
        "core_momentum": 0.164796,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.144883
      },
      {
        "date": "2025-10-10",
        "close": 61.870827,
        "direction_boundary": 55.218651,
        "core_momentum": 0.12047,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.140483
      },
      {
        "date": "2025-10-17",
        "close": 63.067086,
        "direction_boundary": 55.635604,
        "core_momentum": 0.133574,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.136155
      },
      {
        "date": "2025-10-24",
        "close": 64.322343,
        "direction_boundary": 55.052027,
        "core_momentum": 0.168392,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.1263
      },
      {
        "date": "2025-10-31",
        "close": 64.801982,
        "direction_boundary": 54.439499,
        "core_momentum": 0.190349,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12182
      },
      {
        "date": "2025-11-07",
        "close": 63.86509,
        "direction_boundary": 57.019504,
        "core_momentum": 0.120057,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.124669
      },
      {
        "date": "2025-11-14",
        "close": 63.888669,
        "direction_boundary": 55.890167,
        "core_momentum": 0.143111,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.107959
      },
      {
        "date": "2025-11-21",
        "close": 62.646147,
        "direction_boundary": 56.703491,
        "core_momentum": 0.104802,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.104856
      },
      {
        "date": "2025-11-28",
        "close": 64.857795,
        "direction_boundary": 57.288249,
        "core_momentum": 0.132131,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.111346
      },
      {
        "date": "2025-12-05",
        "close": 65.005935,
        "direction_boundary": 57.754046,
        "core_momentum": 0.125565,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109825
      },
      {
        "date": "2025-12-12",
        "close": 64.754525,
        "direction_boundary": 57.152744,
        "core_momentum": 0.133008,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.10991
      },
      {
        "date": "2025-12-19",
        "close": 64.976496,
        "direction_boundary": 55.870767,
        "core_momentum": 0.162978,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109619
      },
      {
        "date": "2025-12-26",
        "close": 65.995171,
        "direction_boundary": 56.256953,
        "core_momentum": 0.173102,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.102791
      },
      {
        "date": "2026-01-02",
        "close": 65.385243,
        "direction_boundary": 56.166444,
        "core_momentum": 0.164134,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.102714
      },
      {
        "date": "2026-01-09",
        "close": 66.38436,
        "direction_boundary": 55.120055,
        "core_momentum": 0.204359,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.103398
      },
      {
        "date": "2026-01-16",
        "close": 66.0295,
        "direction_boundary": 56.682721,
        "core_momentum": 0.164896,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.104255
      },
      {
        "date": "2026-01-23",
        "close": 66.006348,
        "direction_boundary": 57.622,
        "core_momentum": 0.145506,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.103528
      },
      {
        "date": "2026-01-30",
        "close": 66.485149,
        "direction_boundary": 56.704163,
        "core_momentum": 0.172491,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.095898
      },
      {
        "date": "2026-02-06",
        "close": 66.495827,
        "direction_boundary": 56.578082,
        "core_momentum": 0.175293,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.09296
      },
      {
        "date": "2026-02-13",
        "close": 65.621451,
        "direction_boundary": 57.496315,
        "core_momentum": 0.141316,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.095259
      },
      {
        "date": "2026-02-20",
        "close": 66.266006,
        "direction_boundary": 56.44963,
        "core_momentum": 0.173896,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.095742
      },
      {
        "date": "2026-02-27",
        "close": 65.676935,
        "direction_boundary": 56.113284,
        "core_momentum": 0.170435,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.097107
      },
      {
        "date": "2026-03-06",
        "close": 64.348505,
        "direction_boundary": 54.403986,
        "core_momentum": 0.18279,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.102308
      },
      {
        "date": "2026-03-13",
        "close": 63.431917,
        "direction_boundary": 53.452454,
        "core_momentum": 0.186698,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.102106
      },
      {
        "date": "2026-03-20",
        "close": 62.342389,
        "direction_boundary": 53.615193,
        "core_momentum": 0.162775,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.103682
      },
      {
        "date": "2026-03-27",
        "close": 61.0621,
        "direction_boundary": 52.674729,
        "core_momentum": 0.15923,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.107377
      },
      {
        "date": "2026-04-03",
        "close": 63.0039,
        "direction_boundary": 47.913116,
        "core_momentum": 0.314961,
        "direction": "positive",
        "trend_agreement": 0.5,
        "volatility": 0.115408
      },
      {
        "date": "2026-04-10",
        "close": 65.3319,
        "direction_boundary": 50.516659,
        "core_momentum": 0.293274,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.119753
      },
      {
        "date": "2026-04-17",
        "close": 68.1423,
        "direction_boundary": 49.607498,
        "core_momentum": 0.373629,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.130086
      },
      {
        "date": "2026-04-24",
        "close": 68.182074,
        "direction_boundary": 51.959596,
        "core_momentum": 0.312213,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12785
      },
      {
        "date": "2026-05-01",
        "close": 68.776382,
        "direction_boundary": 53.613094,
        "core_momentum": 0.282828,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127964
      },
      {
        "date": "2026-05-08",
        "close": 70.077592,
        "direction_boundary": 53.412334,
        "core_momentum": 0.312011,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127525
      },
      {
        "date": "2026-05-15",
        "close": 70.39451,
        "direction_boundary": 56.170308,
        "core_momentum": 0.253233,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127447
      },
      {
        "date": "2026-05-22",
        "close": 70.744967,
        "direction_boundary": 54.750436,
        "core_momentum": 0.292135,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.12291
      },
      {
        "date": "2026-05-29",
        "close": 71.904737,
        "direction_boundary": 55.732061,
        "core_momentum": 0.290186,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116391
      },
      {
        "date": "2026-06-05",
        "close": 70.308269,
        "direction_boundary": 56.794168,
        "core_momentum": 0.237949,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.122025
      },
      {
        "date": "2026-06-12",
        "close": 70.575079,
        "direction_boundary": 56.604496,
        "core_momentum": 0.24681,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121622
      },
      {
        "date": "2026-06-19",
        "close": 71.430707,
        "direction_boundary": 56.56569,
        "core_momentum": 0.262792,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.122225
      },
      {
        "date": "2026-06-26",
        "close": 69.8192,
        "direction_boundary": 58.516731,
        "core_momentum": 0.193149,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.126262
      },
      {
        "date": "2026-07-03",
        "close": 71.0375,
        "direction_boundary": 59.566996,
        "core_momentum": 0.192565,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.126821
      },
      {
        "date": "2026-07-10",
        "close": 72.2375,
        "direction_boundary": 59.358709,
        "core_momentum": 0.216965,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127139
      },
      {
        "date": "2026-07-17",
        "close": 71.466,
        "direction_boundary": 59.649755,
        "core_momentum": 0.198094,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.128083
      },
      {
        "date": "2026-07-24",
        "close": 71.2708,
        "direction_boundary": 60.44301,
        "core_momentum": 0.17914,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.128252
      },
      {
        "date": "2026-07-31",
        "close": 72.1978,
        "direction_boundary": 59.022017,
        "core_momentum": 0.223235,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.128873
      },
      {
        "date": "2026-08-07",
        "close": 74.3944,
        "direction_boundary": 60.292973,
        "core_momentum": 0.233882,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.134009
      }
    ],
    "price_history": [
      {
        "date": "2024-08-09",
        "close": 50.565541,
        "volume": 123
      },
      {
        "date": "2024-08-16",
        "close": 52.665276,
        "volume": 816
      },
      {
        "date": "2024-08-23",
        "close": 53.265959,
        "volume": 478
      },
      {
        "date": "2024-08-30",
        "close": 53.348961,
        "volume": 743
      },
      {
        "date": "2024-09-06",
        "close": 51.173403,
        "volume": 229
      },
      {
        "date": "2024-09-13",
        "close": 53.115198,
        "volume": 551
      },
      {
        "date": "2024-09-20",
        "close": 53.876574,
        "volume": 555
      },
      {
        "date": "2024-09-27",
        "close": 54.283216,
        "volume": 918
      },
      {
        "date": "2024-10-04",
        "close": 54.535416,
        "volume": 1133
      },
      {
        "date": "2024-10-11",
        "close": 55.218651,
        "volume": 230
      },
      {
        "date": "2024-10-18",
        "close": 55.635604,
        "volume": 148
      },
      {
        "date": "2024-10-25",
        "close": 55.052027,
        "volume": 81
      },
      {
        "date": "2024-11-01",
        "close": 54.439499,
        "volume": 208
      },
      {
        "date": "2024-11-08",
        "close": 57.019504,
        "volume": 1795
      },
      {
        "date": "2024-11-15",
        "close": 55.890167,
        "volume": 993
      },
      {
        "date": "2024-11-22",
        "close": 56.703491,
        "volume": 254
      },
      {
        "date": "2024-11-29",
        "close": 57.288249,
        "volume": 84
      },
      {
        "date": "2024-12-06",
        "close": 57.754046,
        "volume": 62
      },
      {
        "date": "2024-12-13",
        "close": 57.152744,
        "volume": 466
      },
      {
        "date": "2024-12-20",
        "close": 55.870767,
        "volume": 1793
      },
      {
        "date": "2024-12-27",
        "close": 56.256953,
        "volume": 152
      },
      {
        "date": "2025-01-03",
        "close": 56.166444,
        "volume": 1078
      },
      {
        "date": "2025-01-10",
        "close": 55.120055,
        "volume": 368
      },
      {
        "date": "2025-01-17",
        "close": 56.682721,
        "volume": 328
      },
      {
        "date": "2025-01-24",
        "close": 57.622,
        "volume": 325
      },
      {
        "date": "2025-01-31",
        "close": 56.704163,
        "volume": 618
      },
      {
        "date": "2025-02-07",
        "close": 56.578082,
        "volume": 1700
      },
      {
        "date": "2025-02-14",
        "close": 57.496315,
        "volume": 1003
      },
      {
        "date": "2025-02-21",
        "close": 56.44963,
        "volume": 70
      },
      {
        "date": "2025-02-28",
        "close": 56.113284,
        "volume": 198
      },
      {
        "date": "2025-03-07",
        "close": 54.403986,
        "volume": 256
      },
      {
        "date": "2025-03-14",
        "close": 53.452454,
        "volume": 283
      },
      {
        "date": "2025-03-21",
        "close": 53.615193,
        "volume": 38
      },
      {
        "date": "2025-03-28",
        "close": 52.674729,
        "volume": 170
      },
      {
        "date": "2025-04-04",
        "close": 47.913116,
        "volume": 354
      },
      {
        "date": "2025-04-11",
        "close": 50.516659,
        "volume": 1748
      },
      {
        "date": "2025-04-18",
        "close": 49.607498,
        "volume": 19
      },
      {
        "date": "2025-04-25",
        "close": 51.959596,
        "volume": 58
      },
      {
        "date": "2025-05-02",
        "close": 53.613094,
        "volume": 18
      },
      {
        "date": "2025-05-09",
        "close": 53.412334,
        "volume": 579
      },
      {
        "date": "2025-05-16",
        "close": 56.170308,
        "volume": 99
      },
      {
        "date": "2025-05-23",
        "close": 54.750436,
        "volume": 213
      },
      {
        "date": "2025-05-30",
        "close": 55.732061,
        "volume": 25
      },
      {
        "date": "2025-06-06",
        "close": 56.794168,
        "volume": 440
      },
      {
        "date": "2025-06-13",
        "close": 56.604496,
        "volume": 28
      },
      {
        "date": "2025-06-20",
        "close": 56.56569,
        "volume": 40
      },
      {
        "date": "2025-06-27",
        "close": 58.516731,
        "volume": 95
      },
      {
        "date": "2025-07-04",
        "close": 59.566996,
        "volume": 120
      },
      {
        "date": "2025-07-11",
        "close": 59.358709,
        "volume": 31
      },
      {
        "date": "2025-07-18",
        "close": 59.649755,
        "volume": 23
      },
      {
        "date": "2025-07-25",
        "close": 60.44301,
        "volume": 1042
      },
      {
        "date": "2025-08-01",
        "close": 59.022017,
        "volume": 38
      },
      {
        "date": "2025-08-08",
        "close": 60.292973,
        "volume": 50
      },
      {
        "date": "2025-08-15",
        "close": 60.95167,
        "volume": 90
      },
      {
        "date": "2025-08-22",
        "close": 61.11302,
        "volume": 407
      },
      {
        "date": "2025-08-29",
        "close": 61.106372,
        "volume": 27
      },
      {
        "date": "2025-09-05",
        "close": 61.243708,
        "volume": 36
      },
      {
        "date": "2025-09-12",
        "close": 62.329299,
        "volume": 142
      },
      {
        "date": "2025-09-19",
        "close": 63.082961,
        "volume": 38
      },
      {
        "date": "2025-09-26",
        "close": 62.845922,
        "volume": 61
      },
      {
        "date": "2025-10-03",
        "close": 63.522648,
        "volume": 62
      },
      {
        "date": "2025-10-10",
        "close": 61.870827,
        "volume": 34
      },
      {
        "date": "2025-10-17",
        "close": 63.067086,
        "volume": 51
      },
      {
        "date": "2025-10-24",
        "close": 64.322343,
        "volume": 148
      },
      {
        "date": "2025-10-31",
        "close": 64.801982,
        "volume": 131
      },
      {
        "date": "2025-11-07",
        "close": 63.86509,
        "volume": 71
      },
      {
        "date": "2025-11-14",
        "close": 63.888669,
        "volume": 95
      },
      {
        "date": "2025-11-21",
        "close": 62.646147,
        "volume": 23
      },
      {
        "date": "2025-11-28",
        "close": 64.857795,
        "volume": 15
      },
      {
        "date": "2025-12-05",
        "close": 65.005935,
        "volume": 34
      },
      {
        "date": "2025-12-12",
        "close": 64.754525,
        "volume": 24
      },
      {
        "date": "2025-12-19",
        "close": 64.976496,
        "volume": 21
      },
      {
        "date": "2025-12-26",
        "close": 65.995171,
        "volume": 19
      },
      {
        "date": "2026-01-02",
        "close": 65.385243,
        "volume": 615
      },
      {
        "date": "2026-01-09",
        "close": 66.38436,
        "volume": 85
      },
      {
        "date": "2026-01-16",
        "close": 66.0295,
        "volume": 46
      },
      {
        "date": "2026-01-23",
        "close": 66.006348,
        "volume": 43
      },
      {
        "date": "2026-01-30",
        "close": 66.485149,
        "volume": 5649
      },
      {
        "date": "2026-02-06",
        "close": 66.495827,
        "volume": 4038
      },
      {
        "date": "2026-02-13",
        "close": 65.621451,
        "volume": 136
      },
      {
        "date": "2026-02-20",
        "close": 66.266006,
        "volume": 187
      },
      {
        "date": "2026-02-27",
        "close": 65.676935,
        "volume": 423
      },
      {
        "date": "2026-03-06",
        "close": 64.348505,
        "volume": 299
      },
      {
        "date": "2026-03-13",
        "close": 63.431917,
        "volume": 17
      },
      {
        "date": "2026-03-20",
        "close": 62.342389,
        "volume": 14
      },
      {
        "date": "2026-03-27",
        "close": 61.0621,
        "volume": 507
      },
      {
        "date": "2026-04-03",
        "close": 63.0039,
        "volume": 108
      },
      {
        "date": "2026-04-10",
        "close": 65.3319,
        "volume": 10
      },
      {
        "date": "2026-04-17",
        "close": 68.1423,
        "volume": 417
      },
      {
        "date": "2026-04-24",
        "close": 68.182074,
        "volume": 376
      },
      {
        "date": "2026-05-01",
        "close": 68.776382,
        "volume": 19
      },
      {
        "date": "2026-05-08",
        "close": 70.077592,
        "volume": 18
      },
      {
        "date": "2026-05-15",
        "close": 70.39451,
        "volume": 40
      },
      {
        "date": "2026-05-22",
        "close": 70.744967,
        "volume": 1643
      },
      {
        "date": "2026-05-29",
        "close": 71.904737,
        "volume": 1711
      },
      {
        "date": "2026-06-05",
        "close": 70.308269,
        "volume": 144
      },
      {
        "date": "2026-06-12",
        "close": 70.575079,
        "volume": 2318
      },
      {
        "date": "2026-06-19",
        "close": 71.430707,
        "volume": 221
      },
      {
        "date": "2026-06-26",
        "close": 69.8192,
        "volume": 22
      },
      {
        "date": "2026-07-03",
        "close": 71.0375,
        "volume": 52
      },
      {
        "date": "2026-07-10",
        "close": 72.2375,
        "volume": 75
      },
      {
        "date": "2026-07-17",
        "close": 71.466,
        "volume": 1658
      },
      {
        "date": "2026-07-24",
        "close": 71.2708,
        "volume": 8018
      },
      {
        "date": "2026-07-31",
        "close": 72.1978,
        "volume": 893
      },
      {
        "date": "2026-08-07",
        "close": 74.3944,
        "volume": 1665
      }
    ],
    "sharemaestro_context": {
      "trend": 68.168725,
      "fair_value": 60.740562,
      "market_activity": 55.986904,
      "market_dynamics": 0.567844,
      "relative_strength": -1.575309
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": 0.016653,
        "directional_follow_through": 0.9167,
        "regime_survival": 1.0,
        "conditional_difference": 0.000447,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.056555,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.008976,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 2,
        "median_return": 0.110831,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.029264,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.233882,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.0,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2025-08-08",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.233882
      }
    ]
  }
}