"C7 stress-hedge robustness"

Base eqmom OOS Sharpe 1.10, maxDD -35.5%. 500 random-timing permutations/cell. OOS >= 2016-01-01.

trend	beta	cap	exp	OOS SR	p(SR)	OOS DD	p(DD)
40	42	0.3	0.08	1.13	0.092	-29.5%	0.030
40	42	0.5	0.13	1.14	0.152	-25.4%	0.004
40	42	0.7	0.18	1.14	0.152	-22.9%	0.006
40	63	0.3	0.08	1.13	0.094	-29.5%	0.060
40	63	0.5	0.13	1.14	0.118	-25.4%	0.006
40	63	0.7	0.18	1.14	0.148	-22.7%	0.004
40	126	0.3	0.08	1.13	0.128	-29.5%	0.050
40	126	0.5	0.13	1.14	0.108	-25.4%	0.006
40	126	0.7	0.18	1.14	0.130	-23.0%	0.004
60	42	0.3	0.07	1.14	0.038	-30.9%	0.090
60	42	0.5	0.11	1.16	0.082	-27.9%	0.060
60	42	0.7	0.16	1.15	0.118	-24.9%	0.014
60	63	0.3	0.07	1.14	0.046	-30.9%	0.110
60	63	0.5	0.11	1.16	0.068	-27.9%	0.062
60	63	0.7	0.16	1.16	0.116	-24.9%	0.016
60	126	0.3	0.07	1.14	0.064	-30.9%	0.074
60	126	0.5	0.11	1.16	0.078	-27.9%	0.054
60	126	0.7	0.16	1.16	0.100	-24.9%	0.016
90	42	0.3	0.06	1.11	0.220	-31.4%	0.100
90	42	0.5	0.11	1.11	0.292	-28.7%	0.094
90	42	0.7	0.14	1.08	0.482	-26.1%	0.022
90	63	0.3	0.06	1.11	0.232	-31.4%	0.092
90	63	0.5	0.11	1.11	0.292	-28.7%	0.102
90	63	0.7	0.15	1.09	0.352	-26.1%	0.048
90	126	0.3	0.06	1.11	0.252	-31.4%	0.100
90	126	0.5	0.11	1.11	0.284	-28.7%	0.092
90	126	0.7	0.15	1.09	0.352	-26.1%	0.036

#Frozen spec (trend 60 / beta 63 / cap 0.5) hedge-cost sensitivity

Cells with p(SR)<0.05: 2/27; p(DD)<0.05: 13/27.

variant	Sharpe	maxDD	Calmar	Ulcer
base	1.10	-35.5%	0.78	0.08
C7 60/63/0.5	1.16	-27.9%	0.93	0.07
C7 40/42/0.5	1.14	-25.4%	0.99	0.07
C7 60/63/0.7	1.16	-24.9%	1.01	0.07

A stable overlay should show a PLATEAU of low p across nearby parameters; an isolated low-p cell is a threshold artifact.
Hedge turnover cost is charged on |Δhedge notional| using SPY spread/financing as the proxy. Time 21s.

Base eqmom OOS Sharpe 1.10, maxDD -35.5%. 500 random-timing permutations/cell. OOS >= 2016-01-01.

trend	beta	cap	exp	OOS SR	p(SR)	OOS DD	p(DD)
40	42	0.3	0.08	1.13	0.092	-29.5%	0.030
40	42	0.5	0.13	1.14	0.152	-25.4%	0.004
40	42	0.7	0.18	1.14	0.152	-22.9%	0.006
40	63	0.3	0.08	1.13	0.094	-29.5%	0.060
40	63	0.5	0.13	1.14	0.118	-25.4%	0.006
40	63	0.7	0.18	1.14	0.148	-22.7%	0.004
40	126	0.3	0.08	1.13	0.128	-29.5%	0.050
40	126	0.5	0.13	1.14	0.108	-25.4%	0.006
40	126	0.7	0.18	1.14	0.130	-23.0%	0.004
60	42	0.3	0.07	1.14	0.038	-30.9%	0.090
60	42	0.5	0.11	1.16	0.082	-27.9%	0.060
60	42	0.7	0.16	1.15	0.118	-24.9%	0.014
60	63	0.3	0.07	1.14	0.046	-30.9%	0.110
60	63	0.5	0.11	1.16	0.068	-27.9%	0.062
60	63	0.7	0.16	1.16	0.116	-24.9%	0.016
60	126	0.3	0.07	1.14	0.064	-30.9%	0.074
60	126	0.5	0.11	1.16	0.078	-27.9%	0.054
60	126	0.7	0.16	1.16	0.100	-24.9%	0.016
90	42	0.3	0.06	1.11	0.220	-31.4%	0.100
90	42	0.5	0.11	1.11	0.292	-28.7%	0.094
90	42	0.7	0.14	1.08	0.482	-26.1%	0.022
90	63	0.3	0.06	1.11	0.232	-31.4%	0.092
90	63	0.5	0.11	1.11	0.292	-28.7%	0.102
90	63	0.7	0.15	1.09	0.352	-26.1%	0.048
90	126	0.3	0.06	1.11	0.252	-31.4%	0.100
90	126	0.5	0.11	1.11	0.284	-28.7%	0.092
90	126	0.7	0.15	1.09	0.352	-26.1%	0.036

Cells with p(SR)<0.05: 2/27; p(DD)<0.05: 13/27.

variant	Sharpe	maxDD	Calmar	Ulcer
base	1.10	-35.5%	0.78	0.08
C7 60/63/0.5	1.16	-27.9%	0.93	0.07
C7 40/42/0.5	1.14	-25.4%	0.99	0.07
C7 60/63/0.7	1.16	-24.9%	1.01	0.07

A stable overlay should show a PLATEAU of low p across nearby parameters; an isolated low-p cell is a threshold artifact.
Hedge turnover cost is charged on |Δhedge notional| using SPY spread/financing as the proxy. Time 21s.