RUN ONCE — do not re-tune, do not re-run (seed 424242, 100 virgin names 2025-08-14->2026-08-12) | INTRADAY LABEL (variant 3)
- Total return: -1.95% | CAGR -1.97% | MaxDD 2.1%
- PF 0.49 | Sharpe -4.70 | Trades 949 | Beta 0.01
| Year | Panel | SPY | Excess |
|---|---|---|---|
| 2025 | -0.7% | +6.0% | -6.8% |
| 2026 | -1.2% | +13.1% | -14.3% |
Gate 2 verdict: HOLDOUT EDGE NOT CONFIRMED