{
  "ticker": {
    "uuid": "ab2df536-e8eb-4c7e-af94-676b24f60ce6",
    "symbol": "SSPX",
    "name": "BetaPro -3x S&P 500 Daily Leveraged Bear Alternative ETF",
    "exchange": "TOR",
    "country": "CA",
    "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": 9.59,
    "direction": "negative",
    "state": "Negative across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 17.440001,
    "boundary_margin": -0.450115,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.421492,
    "volatility_stability": 0.9561,
    "risk_context": 0.2373,
    "current_regime": {
      "move": -0.094001,
      "interruption": 0.069971,
      "interruption_label": "Largest rebound inside regime"
    },
    "research_priority": 93.077,
    "interpretation": {
      "label": "Negative across all Trend views",
      "headline": "All measured Trend views are negative",
      "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 remains in its early lifecycle.",
      "boundary_context": "The latest close is 45.0% below the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-19",
        "close": 10.585,
        "direction_boundary": 20.719999,
        "core_momentum": -0.489141,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.383152
      },
      {
        "date": "2026-06-26",
        "close": 11.29,
        "direction_boundary": 18.719999,
        "core_momentum": -0.396902,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.394043
      },
      {
        "date": "2026-07-03",
        "close": 10.6,
        "direction_boundary": 18.620001,
        "core_momentum": -0.43072,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.396306
      },
      {
        "date": "2026-07-10",
        "close": 10.29,
        "direction_boundary": 17.969999,
        "core_momentum": -0.427379,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.392388
      },
      {
        "date": "2026-07-17",
        "close": 10.76,
        "direction_boundary": 17.65,
        "core_momentum": -0.390368,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.39818
      },
      {
        "date": "2026-07-24",
        "close": 11.01,
        "direction_boundary": 16.99,
        "core_momentum": -0.351972,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.399634
      },
      {
        "date": "2026-07-31",
        "close": 10.63,
        "direction_boundary": 18.34,
        "core_momentum": -0.420393,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.401357
      },
      {
        "date": "2026-08-07",
        "close": 9.59,
        "direction_boundary": 17.440001,
        "core_momentum": -0.450115,
        "direction": "negative",
        "trend_agreement": 1.0,
        "volatility": 0.421492
      }
    ],
    "price_history": [
      {
        "date": "2025-06-20",
        "close": 20.719999,
        "volume": 19100
      },
      {
        "date": "2025-06-27",
        "close": 18.719999,
        "volume": 67100
      },
      {
        "date": "2025-07-04",
        "close": 18.620001,
        "volume": 36700
      },
      {
        "date": "2025-07-11",
        "close": 17.969999,
        "volume": 4400
      },
      {
        "date": "2025-07-18",
        "close": 17.65,
        "volume": 11700
      },
      {
        "date": "2025-07-25",
        "close": 16.99,
        "volume": 30000
      },
      {
        "date": "2025-08-01",
        "close": 18.34,
        "volume": 30700
      },
      {
        "date": "2025-08-08",
        "close": 17.440001,
        "volume": 8200
      },
      {
        "date": "2025-08-15",
        "close": 16.540001,
        "volume": 38900
      },
      {
        "date": "2025-08-22",
        "close": 16.469999,
        "volume": 15300
      },
      {
        "date": "2025-08-29",
        "close": 16.6,
        "volume": 20000
      },
      {
        "date": "2025-09-05",
        "close": 16.450001,
        "volume": 12200
      },
      {
        "date": "2025-09-12",
        "close": 15.62,
        "volume": 6800
      },
      {
        "date": "2025-09-19",
        "close": 15.15,
        "volume": 11700
      },
      {
        "date": "2025-09-26",
        "close": 15.31,
        "volume": 24800
      },
      {
        "date": "2025-10-03",
        "close": 14.85,
        "volume": 21000
      },
      {
        "date": "2025-10-10",
        "close": 15.93,
        "volume": 65500
      },
      {
        "date": "2025-10-17",
        "close": 15.19,
        "volume": 43600
      },
      {
        "date": "2025-10-24",
        "close": 14.27,
        "volume": 27000
      },
      {
        "date": "2025-10-31",
        "close": 14.0,
        "volume": 17900
      },
      {
        "date": "2025-11-07",
        "close": 14.9,
        "volume": 17000
      },
      {
        "date": "2025-11-14",
        "close": 14.65,
        "volume": 26300
      },
      {
        "date": "2025-11-21",
        "close": 15.57,
        "volume": 149800
      },
      {
        "date": "2025-11-28",
        "close": 13.94,
        "volume": 15200
      },
      {
        "date": "2025-12-05",
        "close": 13.78,
        "volume": 28100
      },
      {
        "date": "2025-12-12",
        "close": 14.14,
        "volume": 47200
      },
      {
        "date": "2025-12-19",
        "close": 14.14,
        "volume": 38700
      },
      {
        "date": "2025-12-26",
        "close": 13.54,
        "volume": 221900
      },
      {
        "date": "2026-01-02",
        "close": 14.04,
        "volume": 154500
      },
      {
        "date": "2026-01-09",
        "close": 13.3,
        "volume": 31100
      },
      {
        "date": "2026-01-16",
        "close": 13.51,
        "volume": 44400
      },
      {
        "date": "2026-01-23",
        "close": 13.67,
        "volume": 91700
      },
      {
        "date": "2026-01-30",
        "close": 13.56,
        "volume": 40800
      },
      {
        "date": "2026-02-06",
        "close": 13.55,
        "volume": 58900
      },
      {
        "date": "2026-02-13",
        "close": 14.25,
        "volume": 30400
      },
      {
        "date": "2026-02-20",
        "close": 13.76,
        "volume": 33500
      },
      {
        "date": "2026-02-27",
        "close": 14.1,
        "volume": 33000
      },
      {
        "date": "2026-03-06",
        "close": 14.79,
        "volume": 54000
      },
      {
        "date": "2026-03-13",
        "close": 15.5,
        "volume": 101000
      },
      {
        "date": "2026-03-20",
        "close": 16.379999,
        "volume": 105800
      },
      {
        "date": "2026-03-27",
        "close": 17.469999,
        "volume": 53500
      },
      {
        "date": "2026-04-03",
        "close": 15.85,
        "volume": 75900
      },
      {
        "date": "2026-04-10",
        "close": 14.17,
        "volume": 280900
      },
      {
        "date": "2026-04-17",
        "close": 12.39,
        "volume": 162600
      },
      {
        "date": "2026-04-24",
        "close": 12.2,
        "volume": 58400
      },
      {
        "date": "2026-05-01",
        "close": 11.8,
        "volume": 21400
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      {
        "date": "2026-05-08",
        "close": 11.08,
        "volume": 64600
      },
      {
        "date": "2026-05-15",
        "close": 11.03,
        "volume": 67900
      },
      {
        "date": "2026-05-22",
        "close": 10.69,
        "volume": 65700
      },
      {
        "date": "2026-05-29",
        "close": 10.3,
        "volume": 200300
      },
      {
        "date": "2026-06-05",
        "close": 11.07,
        "volume": 34800
      },
      {
        "date": "2026-06-12",
        "close": 10.89,
        "volume": 28100
      },
      {
        "date": "2026-06-19",
        "close": 10.585,
        "volume": 1600
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      {
        "date": "2026-06-26",
        "close": 11.29,
        "volume": 59500
      },
      {
        "date": "2026-07-03",
        "close": 10.6,
        "volume": 8300
      },
      {
        "date": "2026-07-10",
        "close": 10.29,
        "volume": 131400
      },
      {
        "date": "2026-07-17",
        "close": 10.76,
        "volume": 35600
      },
      {
        "date": "2026-07-24",
        "close": 11.01,
        "volume": 40300
      },
      {
        "date": "2026-07-31",
        "close": 10.63,
        "volume": 66500
      },
      {
        "date": "2026-08-07",
        "close": 9.59,
        "volume": 158700
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    ],
    "sharemaestro_context": {
      "trend": 12.558833,
      "fair_value": 14.19325,
      "market_activity": -87.49663,
      "market_dynamics": -0.083212,
      "relative_strength": -37.825832
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.016533,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": 0.027518,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Longer term",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "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": "negative",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.094001
      }
    ]
  }
}