{
  "ticker": {
    "uuid": "96487043-a59d-4182-b9b7-12f8a56bac74",
    "symbol": "FLXJ",
    "name": "Franklin FTSE Japan UCITS ETF",
    "exchange": "AMS",
    "country": "NL",
    "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": 6058.680176,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 4312.189941,
    "boundary_margin": 0.405012,
    "trend_agreement": "Fully aligned",
    "persistence": "Mature",
    "direction_turnover": "Low",
    "annualized_volatility": 0.199291,
    "volatility_stability": 1.0152,
    "risk_context": 0.5018,
    "current_regime": {
      "move": 0.405012,
      "interruption": -0.093198,
      "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 40.5% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2025-08-01",
        "close": 4312.189941,
        "direction_boundary": 3997.120117,
        "core_momentum": 0.078824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.277464
      },
      {
        "date": "2025-08-08",
        "close": 4312.189941,
        "direction_boundary": 3555.449951,
        "core_momentum": 0.212839,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.277267
      },
      {
        "date": "2025-08-15",
        "close": 4479.259766,
        "direction_boundary": 3728.360107,
        "core_momentum": 0.201402,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.281381
      },
      {
        "date": "2025-08-22",
        "close": 4479.259766,
        "direction_boundary": 3849.98999,
        "core_momentum": 0.163447,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.281377
      },
      {
        "date": "2025-08-29",
        "close": 4479.259766,
        "direction_boundary": 3888.459961,
        "core_momentum": 0.151937,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.281377
      },
      {
        "date": "2025-09-05",
        "close": 4479.259766,
        "direction_boundary": 3717.51001,
        "core_momentum": 0.204909,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.281377
      },
      {
        "date": "2025-09-12",
        "close": 4479.259766,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.219766,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.272943
      },
      {
        "date": "2025-09-19",
        "close": 4591.490234,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.250328,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.26664
      },
      {
        "date": "2025-09-26",
        "close": 4596.25,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.251624,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.266623
      },
      {
        "date": "2025-10-03",
        "close": 4520.140137,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.230898,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.133072
      },
      {
        "date": "2025-10-10",
        "close": 4520.140137,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.230898,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.132777
      },
      {
        "date": "2025-10-17",
        "close": 4635.22998,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.262238,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.124136
      },
      {
        "date": "2025-10-24",
        "close": 4806.140137,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.30878,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.129776
      },
      {
        "date": "2025-10-31",
        "close": 4841.939941,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.318529,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114589
      },
      {
        "date": "2025-11-07",
        "close": 4840.109863,
        "direction_boundary": 3672.22998,
        "core_momentum": 0.31803,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114644
      },
      {
        "date": "2025-11-14",
        "close": 4840.109863,
        "direction_boundary": 3933.090088,
        "core_momentum": 0.230613,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114644
      },
      {
        "date": "2025-11-21",
        "close": 4840.109863,
        "direction_boundary": 3887.27002,
        "core_momentum": 0.245118,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114398
      },
      {
        "date": "2025-11-28",
        "close": 4840.109863,
        "direction_boundary": 3880.459961,
        "core_momentum": 0.247303,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.112714
      },
      {
        "date": "2025-12-05",
        "close": 4958.109863,
        "direction_boundary": 3880.459961,
        "core_momentum": 0.277712,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114823
      },
      {
        "date": "2025-12-12",
        "close": 4958.109863,
        "direction_boundary": 3880.459961,
        "core_momentum": 0.277712,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114823
      },
      {
        "date": "2025-12-19",
        "close": 4958.109863,
        "direction_boundary": 3880.459961,
        "core_momentum": 0.277712,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114823
      },
      {
        "date": "2025-12-26",
        "close": 4958.109863,
        "direction_boundary": 3880.459961,
        "core_momentum": 0.277712,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114823
      },
      {
        "date": "2026-01-02",
        "close": 4958.109863,
        "direction_boundary": 3987.439941,
        "core_momentum": 0.243432,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.114823
      },
      {
        "date": "2026-01-09",
        "close": 5163.959961,
        "direction_boundary": 3887.300049,
        "core_momentum": 0.328418,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.123052
      },
      {
        "date": "2026-01-16",
        "close": 5355.180176,
        "direction_boundary": 3908.280029,
        "core_momentum": 0.370214,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.127914
      },
      {
        "date": "2026-01-23",
        "close": 5341.069824,
        "direction_boundary": 3921.679932,
        "core_momentum": 0.361934,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.110803
      },
      {
        "date": "2026-01-30",
        "close": 5341.069824,
        "direction_boundary": 3991.689941,
        "core_momentum": 0.338047,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.110803
      },
      {
        "date": "2026-02-06",
        "close": 5339.209961,
        "direction_boundary": 3972.070068,
        "core_momentum": 0.344188,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.110855
      },
      {
        "date": "2026-02-13",
        "close": 5635.189941,
        "direction_boundary": 3972.070068,
        "core_momentum": 0.418704,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121151
      },
      {
        "date": "2026-02-20",
        "close": 5616.290039,
        "direction_boundary": 3971.550049,
        "core_momentum": 0.41413,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.121729
      },
      {
        "date": "2026-02-27",
        "close": 5753.560059,
        "direction_boundary": 3971.550049,
        "core_momentum": 0.448694,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.122877
      },
      {
        "date": "2026-03-06",
        "close": 5365.790039,
        "direction_boundary": 3971.550049,
        "core_momentum": 0.351057,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.16477
      },
      {
        "date": "2026-03-13",
        "close": 5309.209961,
        "direction_boundary": 3803.639893,
        "core_momentum": 0.395824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.166312
      },
      {
        "date": "2026-03-20",
        "close": 5394.680176,
        "direction_boundary": 4003.330078,
        "core_momentum": 0.347548,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.164829
      },
      {
        "date": "2026-03-27",
        "close": 5217.339844,
        "direction_boundary": 4042.429932,
        "core_momentum": 0.290644,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.173679
      },
      {
        "date": "2026-04-03",
        "close": 5482.939941,
        "direction_boundary": 3453.26001,
        "core_momentum": 0.587758,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.181398
      },
      {
        "date": "2026-04-10",
        "close": 5597.669922,
        "direction_boundary": 3528.949951,
        "core_momentum": 0.586214,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.181974
      },
      {
        "date": "2026-04-17",
        "close": 5625.569824,
        "direction_boundary": 3695.399902,
        "core_momentum": 0.522317,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.180366
      },
      {
        "date": "2026-04-24",
        "close": 5517.890137,
        "direction_boundary": 3718.929932,
        "core_momentum": 0.483731,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.179092
      },
      {
        "date": "2026-05-01",
        "close": 5546.870117,
        "direction_boundary": 3917.860107,
        "core_momentum": 0.415791,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.179067
      },
      {
        "date": "2026-05-08",
        "close": 5577.129883,
        "direction_boundary": 3917.860107,
        "core_momentum": 0.423514,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.178884
      },
      {
        "date": "2026-05-15",
        "close": 5577.129883,
        "direction_boundary": 3917.860107,
        "core_momentum": 0.423514,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.178884
      },
      {
        "date": "2026-05-22",
        "close": 5736.75,
        "direction_boundary": 3985.969971,
        "core_momentum": 0.439236,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.181426
      },
      {
        "date": "2026-05-29",
        "close": 5736.75,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.407149,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.181426
      },
      {
        "date": "2026-06-05",
        "close": 5971.029785,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.464615,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.185804
      },
      {
        "date": "2026-06-12",
        "close": 5800.580078,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.422806,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.192261
      },
      {
        "date": "2026-06-19",
        "close": 5800.580078,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.422806,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.192261
      },
      {
        "date": "2026-06-26",
        "close": 6004.069824,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.472719,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.196005
      },
      {
        "date": "2026-07-03",
        "close": 6065.509766,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.48779,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.195749
      },
      {
        "date": "2026-07-10",
        "close": 6085.459961,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.492683,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.189952
      },
      {
        "date": "2026-07-17",
        "close": 5981.060059,
        "direction_boundary": 4076.860107,
        "core_momentum": 0.467075,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.187538
      },
      {
        "date": "2026-07-24",
        "close": 6024.549805,
        "direction_boundary": 4312.189941,
        "core_momentum": 0.397098,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.187313
      },
      {
        "date": "2026-07-31",
        "close": 5837.72998,
        "direction_boundary": 4312.189941,
        "core_momentum": 0.353774,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.19385
      },
      {
        "date": "2026-08-07",
        "close": 6058.680176,
        "direction_boundary": 4312.189941,
        "core_momentum": 0.405012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.199291
      }
    ],
    "price_history": [
      {
        "date": "2024-08-02",
        "close": 3997.120117,
        "volume": 0
      },
      {
        "date": "2024-08-09",
        "close": 3555.449951,
        "volume": 0
      },
      {
        "date": "2024-08-16",
        "close": 3728.360107,
        "volume": 0
      },
      {
        "date": "2024-08-23",
        "close": 3849.98999,
        "volume": 0
      },
      {
        "date": "2024-08-30",
        "close": 3888.459961,
        "volume": 0
      },
      {
        "date": "2024-09-06",
        "close": 3717.51001,
        "volume": 0
      },
      {
        "date": "2024-09-13",
        "close": 3672.22998,
        "volume": 380
      },
      {
        "date": "2024-09-20",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-09-27",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-10-04",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-10-11",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-10-18",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-10-25",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-11-01",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-11-08",
        "close": 3672.22998,
        "volume": 0
      },
      {
        "date": "2024-11-15",
        "close": 3933.090088,
        "volume": 477
      },
      {
        "date": "2024-11-22",
        "close": 3887.27002,
        "volume": 380
      },
      {
        "date": "2024-11-29",
        "close": 3880.459961,
        "volume": 380
      },
      {
        "date": "2024-12-06",
        "close": 3880.459961,
        "volume": 0
      },
      {
        "date": "2024-12-13",
        "close": 3880.459961,
        "volume": 0
      },
      {
        "date": "2024-12-20",
        "close": 3880.459961,
        "volume": 0
      },
      {
        "date": "2024-12-27",
        "close": 3880.459961,
        "volume": 0
      },
      {
        "date": "2025-01-03",
        "close": 3987.439941,
        "volume": 760
      },
      {
        "date": "2025-01-10",
        "close": 3887.300049,
        "volume": 1900
      },
      {
        "date": "2025-01-17",
        "close": 3908.280029,
        "volume": 2252
      },
      {
        "date": "2025-01-24",
        "close": 3921.679932,
        "volume": 380
      },
      {
        "date": "2025-01-31",
        "close": 3991.689941,
        "volume": 620
      },
      {
        "date": "2025-02-07",
        "close": 3972.070068,
        "volume": 6
      },
      {
        "date": "2025-02-14",
        "close": 3972.070068,
        "volume": 0
      },
      {
        "date": "2025-02-21",
        "close": 3971.550049,
        "volume": 760
      },
      {
        "date": "2025-02-28",
        "close": 3971.550049,
        "volume": 0
      },
      {
        "date": "2025-03-07",
        "close": 3971.550049,
        "volume": 0
      },
      {
        "date": "2025-03-14",
        "close": 3803.639893,
        "volume": 388
      },
      {
        "date": "2025-03-21",
        "close": 4003.330078,
        "volume": 390
      },
      {
        "date": "2025-03-28",
        "close": 4042.429932,
        "volume": 721
      },
      {
        "date": "2025-04-04",
        "close": 3453.26001,
        "volume": 1947
      },
      {
        "date": "2025-04-11",
        "close": 3528.949951,
        "volume": 157
      },
      {
        "date": "2025-04-18",
        "close": 3695.399902,
        "volume": 1140
      },
      {
        "date": "2025-04-25",
        "close": 3718.929932,
        "volume": 380
      },
      {
        "date": "2025-05-02",
        "close": 3917.860107,
        "volume": 1211
      },
      {
        "date": "2025-05-09",
        "close": 3917.860107,
        "volume": 0
      },
      {
        "date": "2025-05-16",
        "close": 3917.860107,
        "volume": 0
      },
      {
        "date": "2025-05-23",
        "close": 3985.969971,
        "volume": 760
      },
      {
        "date": "2025-05-30",
        "close": 4076.860107,
        "volume": 361
      },
      {
        "date": "2025-06-06",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-06-13",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-06-20",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 4076.860107,
        "volume": 0
      },
      {
        "date": "2025-07-25",
        "close": 4312.189941,
        "volume": 691
      },
      {
        "date": "2025-08-01",
        "close": 4312.189941,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 4312.189941,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 4479.259766,
        "volume": 8
      },
      {
        "date": "2025-08-22",
        "close": 4479.259766,
        "volume": 0
      },
      {
        "date": "2025-08-29",
        "close": 4479.259766,
        "volume": 0
      },
      {
        "date": "2025-09-05",
        "close": 4479.259766,
        "volume": 0
      },
      {
        "date": "2025-09-12",
        "close": 4479.259766,
        "volume": 0
      },
      {
        "date": "2025-09-19",
        "close": 4591.490234,
        "volume": 5
      },
      {
        "date": "2025-09-26",
        "close": 4596.25,
        "volume": 3620
      },
      {
        "date": "2025-10-03",
        "close": 4520.140137,
        "volume": 890
      },
      {
        "date": "2025-10-10",
        "close": 4520.140137,
        "volume": 0
      },
      {
        "date": "2025-10-17",
        "close": 4635.22998,
        "volume": 1
      },
      {
        "date": "2025-10-24",
        "close": 4806.140137,
        "volume": 380
      },
      {
        "date": "2025-10-31",
        "close": 4841.939941,
        "volume": 697
      },
      {
        "date": "2025-11-07",
        "close": 4840.109863,
        "volume": 4545
      },
      {
        "date": "2025-11-14",
        "close": 4840.109863,
        "volume": 0
      },
      {
        "date": "2025-11-21",
        "close": 4840.109863,
        "volume": 0
      },
      {
        "date": "2025-11-28",
        "close": 4840.109863,
        "volume": 0
      },
      {
        "date": "2025-12-05",
        "close": 4958.109863,
        "volume": 1570
      },
      {
        "date": "2025-12-12",
        "close": 4958.109863,
        "volume": 0
      },
      {
        "date": "2025-12-19",
        "close": 4958.109863,
        "volume": 0
      },
      {
        "date": "2025-12-26",
        "close": 4958.109863,
        "volume": 0
      },
      {
        "date": "2026-01-02",
        "close": 4958.109863,
        "volume": 0
      },
      {
        "date": "2026-01-09",
        "close": 5163.959961,
        "volume": 4
      },
      {
        "date": "2026-01-16",
        "close": 5355.180176,
        "volume": 100
      },
      {
        "date": "2026-01-23",
        "close": 5341.069824,
        "volume": 2049
      },
      {
        "date": "2026-01-30",
        "close": 5341.069824,
        "volume": 0
      },
      {
        "date": "2026-02-06",
        "close": 5339.209961,
        "volume": 380
      },
      {
        "date": "2026-02-13",
        "close": 5635.189941,
        "volume": 598
      },
      {
        "date": "2026-02-20",
        "close": 5616.290039,
        "volume": 1250
      },
      {
        "date": "2026-02-27",
        "close": 5753.560059,
        "volume": 383
      },
      {
        "date": "2026-03-06",
        "close": 5365.790039,
        "volume": 547
      },
      {
        "date": "2026-03-13",
        "close": 5309.209961,
        "volume": 2206
      },
      {
        "date": "2026-03-20",
        "close": 5394.680176,
        "volume": 3010
      },
      {
        "date": "2026-03-27",
        "close": 5217.339844,
        "volume": 634
      },
      {
        "date": "2026-04-03",
        "close": 5482.939941,
        "volume": 118
      },
      {
        "date": "2026-04-10",
        "close": 5597.669922,
        "volume": 650
      },
      {
        "date": "2026-04-17",
        "close": 5625.569824,
        "volume": 800
      },
      {
        "date": "2026-04-24",
        "close": 5517.890137,
        "volume": 1235
      },
      {
        "date": "2026-05-01",
        "close": 5546.870117,
        "volume": 218
      },
      {
        "date": "2026-05-08",
        "close": 5577.129883,
        "volume": 380
      },
      {
        "date": "2026-05-15",
        "close": 5577.129883,
        "volume": 0
      },
      {
        "date": "2026-05-22",
        "close": 5736.75,
        "volume": 2926
      },
      {
        "date": "2026-05-29",
        "close": 5736.75,
        "volume": 0
      },
      {
        "date": "2026-06-05",
        "close": 5971.029785,
        "volume": 0
      },
      {
        "date": "2026-06-12",
        "close": 5800.580078,
        "volume": 0
      },
      {
        "date": "2026-06-19",
        "close": 5800.580078,
        "volume": 0
      },
      {
        "date": "2026-06-26",
        "close": 6004.069824,
        "volume": 187
      },
      {
        "date": "2026-07-03",
        "close": 6065.509766,
        "volume": 0
      },
      {
        "date": "2026-07-10",
        "close": 6085.459961,
        "volume": 1003
      },
      {
        "date": "2026-07-17",
        "close": 5981.060059,
        "volume": 6903
      },
      {
        "date": "2026-07-24",
        "close": 6024.549805,
        "volume": 380
      },
      {
        "date": "2026-07-31",
        "close": 5837.72998,
        "volume": 1768
      },
      {
        "date": "2026-08-07",
        "close": 6058.680176,
        "volume": 76
      }
    ],
    "sharemaestro_context": {
      "trend": 5656.551302,
      "fair_value": 4566.234508,
      "market_activity": 32.541678,
      "market_dynamics": 0.486464,
      "relative_strength": 2.911271
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.026118,
        "directional_follow_through": 0.7692,
        "regime_survival": 1.0,
        "conditional_difference": 0.000531,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.077761,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.009381,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 2,
        "median_return": 0.165793,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.019459,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.353774,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.025619,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2025-08-01",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.405012
      }
    ]
  }
}