{
  "run_date": "2026-11-11",
  "finlab_version": "2.3.8",
  "pandas_version": "3.0.6",
  "start": "2015-01-05",
  "end": "2026-11-10",
  "studies": {
    "all": {
      "base": {
        "kind": "all",
        "hold": 5,
        "liquidity": 20000000
      },
      "grid": [
        {
          "parameters": {
            "kind": "all",
            "hold": 3,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.32718929585817547,
            "sharpe": -1.3655741346679682,
            "mdd": -0.992242545673534
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 3,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.267921264348847,
            "sharpe": -1.0719264139438485,
            "mdd": -0.9791240904700799
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 3,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.22709371098158826,
            "sharpe": -0.8739892671671773,
            "mdd": -0.9606082645896367
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 5,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.24519235235840942,
            "sharpe": -0.8276952019606751,
            "mdd": -0.9707793591011781
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 5,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.19640269416776346,
            "sharpe": -0.6211939855760178,
            "mdd": -0.9389384922914664
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 5,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.1594973175746507,
            "sharpe": -0.46865183268616667,
            "mdd": -0.894817963203859
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 10,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.18158873447692359,
            "sharpe": -0.4998329470777182,
            "mdd": -0.9220135022640649
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 10,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.1546060114211817,
            "sharpe": -0.39267877269370083,
            "mdd": -0.8892887043449318
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "all",
            "hold": 10,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.1349616136910885,
            "sharpe": -0.3138645680661786,
            "mdd": -0.8668089328495698
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "grid_wins": 0,
      "grid_n": 9,
      "main": {
        "strategy": {
          "cagr": -0.19640269416776346,
          "sharpe": -0.6211939855760178,
          "mdd": -0.9389384922914664
        },
        "benchmark": {
          "cagr": 0.19846015325330857,
          "sharpe": 1.0413935250155428,
          "mdd": -0.3395700541458192
        },
        "win": false
      },
      "halves": [
        {
          "strategy": {
            "cagr": -0.24399596331154993,
            "sharpe": -1.0308798083104955,
            "mdd": -0.8286601350559168
          },
          "benchmark": {
            "cagr": 0.1375572902349742,
            "sharpe": 0.9005398137295889,
            "mdd": -0.2821765217243083
          },
          "win": false
        },
        {
          "strategy": {
            "cagr": -0.14630567833815122,
            "sharpe": -0.3253625430239537,
            "mdd": -0.7396123353871822
          },
          "benchmark": {
            "cagr": 0.25978179071430074,
            "sharpe": 1.1587444587185296,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "mean_exposure": 0.5976446137859369,
      "days_in_market": 0.9622445445098718,
      "fixed_exposure": {
        "cagr": 0.1194243428659012,
        "sharpe": 1.0413935250155426,
        "mdd": -0.21617590430677613
      },
      "without_best_year": {
        "year": 2023,
        "strategy": {
          "cagr": -0.2004102697019302,
          "sharpe": -0.6875101667580858,
          "mdd": -0.9424500107562831
        },
        "benchmark": {
          "cagr": 0.1741211744392892,
          "sharpe": 0.9928513044177504,
          "mdd": -0.3395700541458193
        }
      },
      "events": 11594,
      "trades": 8283,
      "monthly_turnover_mean": 2.8020631149239663,
      "monthly_turnover_max": 6.750073407411994,
      "pass": {
        "neighbors": false,
        "halves": false,
        "cost": false,
        "fixed_exposure": false,
        "without_best_year": false
      },
      "all_pass": false
    },
    "locked": {
      "base": {
        "kind": "locked",
        "hold": 5,
        "liquidity": 20000000
      },
      "grid": [
        {
          "parameters": {
            "kind": "locked",
            "hold": 3,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.16813013837942548,
            "sharpe": -1.3732471818442111,
            "mdd": -0.9048761376660761
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 3,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.11541134975626266,
            "sharpe": -0.9422478138508811,
            "mdd": -0.8058692310995922
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 3,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.080166434584932,
            "sharpe": -0.6606009177746877,
            "mdd": -0.6937792942698563
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 5,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.1655825991790465,
            "sharpe": -1.1628557786674791,
            "mdd": -0.9103519521712375
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 5,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.11778032664030491,
            "sharpe": -0.819173879531443,
            "mdd": -0.8312902264835091
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 5,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.0835958442500816,
            "sharpe": -0.582320330896385,
            "mdd": -0.73767268441537
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 10,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.12714998395378208,
            "sharpe": -0.6923336491079531,
            "mdd": -0.8588531524588355
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 10,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.08430521215873943,
            "sharpe": -0.4440336188479993,
            "mdd": -0.7544294540878779
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "locked",
            "hold": 10,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.03730716032159487,
            "sharpe": -0.14936439484319572,
            "mdd": -0.5756371009629049
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "grid_wins": 0,
      "grid_n": 9,
      "main": {
        "strategy": {
          "cagr": -0.11778032664030491,
          "sharpe": -0.819173879531443,
          "mdd": -0.8312902264835091
        },
        "benchmark": {
          "cagr": 0.19846015325330857,
          "sharpe": 1.0413935250155428,
          "mdd": -0.3395700541458192
        },
        "win": false
      },
      "halves": [
        {
          "strategy": {
            "cagr": -0.17153604822292134,
            "sharpe": -1.3372161013138417,
            "mdd": -0.6808863959355151
          },
          "benchmark": {
            "cagr": 0.1375572902349742,
            "sharpe": 0.9005398137295889,
            "mdd": -0.2821765217243083
          },
          "win": false
        },
        {
          "strategy": {
            "cagr": -0.061065144652794445,
            "sharpe": -0.3532248992848368,
            "mdd": -0.48425691865484066
          },
          "benchmark": {
            "cagr": 0.25978179071430074,
            "sharpe": 1.1587444587185296,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "mean_exposure": 0.099168687218566,
      "days_in_market": 0.484586075510911,
      "fixed_exposure": {
        "cagr": 0.0198641655284848,
        "sharpe": 1.041393525015558,
        "mdd": -0.03875100811027332
      },
      "without_best_year": {
        "year": 2019,
        "strategy": {
          "cagr": -0.11951008926084306,
          "sharpe": -0.8718903490941065,
          "mdd": -0.8351675656086508
        },
        "benchmark": {
          "cagr": 0.16956857118772062,
          "sharpe": 0.9679829463187316,
          "mdd": -0.37043936943389877
        }
      },
      "events": 1985,
      "trades": 1322,
      "monthly_turnover_mean": 0.36015564297729413,
      "monthly_turnover_max": 2.830853174603175,
      "pass": {
        "neighbors": false,
        "halves": false,
        "cost": false,
        "fixed_exposure": false,
        "without_best_year": false
      },
      "all_pass": false
    },
    "opened": {
      "base": {
        "kind": "opened",
        "hold": 5,
        "liquidity": 20000000
      },
      "grid": [
        {
          "parameters": {
            "kind": "opened",
            "hold": 3,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.25692070748639806,
            "sharpe": -1.0240670085155235,
            "mdd": -0.9744526372473777
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 3,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.2187697091436135,
            "sharpe": -0.8464843491469489,
            "mdd": -0.9541537519982005
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 3,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.18768010664050472,
            "sharpe": -0.7002137190465614,
            "mdd": -0.9284255635776861
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 5,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.1791458584834129,
            "sharpe": -0.5508416494855641,
            "mdd": -0.9204286756737527
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 5,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.14389944598483695,
            "sharpe": -0.40931266922988885,
            "mdd": -0.8694380007803747
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 5,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.10769847648089925,
            "sharpe": -0.2644961253763998,
            "mdd": -0.7896976770519576
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 10,
            "liquidity": 10000000
          },
          "strategy": {
            "cagr": -0.15022076773459891,
            "sharpe": -0.3748949686879345,
            "mdd": -0.8924970608680491
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 10,
            "liquidity": 20000000
          },
          "strategy": {
            "cagr": -0.13430752604467888,
            "sharpe": -0.3122270084444665,
            "mdd": -0.872655232861745
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "opened",
            "hold": 10,
            "liquidity": 30000000
          },
          "strategy": {
            "cagr": -0.11381942495525688,
            "sharpe": -0.23426496277897374,
            "mdd": -0.851830946753299
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "grid_wins": 0,
      "grid_n": 9,
      "main": {
        "strategy": {
          "cagr": -0.14389944598483695,
          "sharpe": -0.40931266922988885,
          "mdd": -0.8694380007803747
        },
        "benchmark": {
          "cagr": 0.19846015325330857,
          "sharpe": 1.0413935250155428,
          "mdd": -0.3395700541458192
        },
        "win": false
      },
      "halves": [
        {
          "strategy": {
            "cagr": -0.21771893678694376,
            "sharpe": -0.914685270822292,
            "mdd": -0.8090655317530928
          },
          "benchmark": {
            "cagr": 0.1375572902349742,
            "sharpe": 0.9005398137295889,
            "mdd": -0.2821765217243083
          },
          "win": false
        },
        {
          "strategy": {
            "cagr": -0.06481095331307829,
            "sharpe": -0.045598461512205195,
            "mdd": -0.5916699417250922
          },
          "benchmark": {
            "cagr": 0.25978179071430074,
            "sharpe": 1.1587444587185296,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "mean_exposure": 0.570973328714929,
      "days_in_market": 0.9535850363699342,
      "fixed_exposure": {
        "cagr": 0.11412846660093989,
        "sharpe": 1.0413935250155457,
        "mdd": -0.20739045463302996
      },
      "without_best_year": {
        "year": 2023,
        "strategy": {
          "cagr": -0.14652095406205068,
          "sharpe": -0.45476139491281076,
          "mdd": -0.8740964371939002
        },
        "benchmark": {
          "cagr": 0.1741211744392892,
          "sharpe": 0.9928513044177504,
          "mdd": -0.3395700541458193
        }
      },
      "events": 9609,
      "trades": 7749,
      "monthly_turnover_mean": 2.7142065438497474,
      "monthly_turnover_max": 6.691672689882451,
      "pass": {
        "neighbors": false,
        "halves": false,
        "cost": false,
        "fixed_exposure": false,
        "without_best_year": false
      },
      "all_pass": false
    },
    "panic": {
      "base": {
        "kind": "panic",
        "hold": 5,
        "quantile": 0.975
      },
      "grid": [
        {
          "parameters": {
            "kind": "panic",
            "hold": 3,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": -0.01132998528424034,
            "sharpe": -0.05085177156592616,
            "mdd": -0.3850634500208254
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 3,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": -0.016003089025359074,
            "sharpe": -0.11242715454144893,
            "mdd": -0.41318768068235834
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 3,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": -0.005465284575982388,
            "sharpe": -0.022781912731067673,
            "mdd": -0.3241987301980892
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 5,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": 0.013236103806225863,
            "sharpe": 0.1718992393036443,
            "mdd": -0.30941592808261786
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 5,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": 0.0010775911502494129,
            "sharpe": 0.06679288339420845,
            "mdd": -0.37360556399191114
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 5,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": 0.00686052921508451,
            "sharpe": 0.12272527497322443,
            "mdd": -0.25100557670082013
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 10,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": 0.013914202402021125,
            "sharpe": 0.17222908044462748,
            "mdd": -0.3788907520309731
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 10,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": 0.010919715943763508,
            "sharpe": 0.1515093701475586,
            "mdd": -0.3596494752363416
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "panic",
            "hold": 10,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": 0.0032106181967521685,
            "sharpe": 0.08478703657998278,
            "mdd": -0.3314086047754172
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "grid_wins": 0,
      "grid_n": 9,
      "main": {
        "strategy": {
          "cagr": 0.0010775911502494129,
          "sharpe": 0.06679288339420845,
          "mdd": -0.37360556399191114
        },
        "benchmark": {
          "cagr": 0.19846015325330857,
          "sharpe": 1.0413935250155428,
          "mdd": -0.3395700541458192
        },
        "win": false
      },
      "halves": [
        {
          "strategy": {
            "cagr": -0.040159945845966494,
            "sharpe": -0.5091553470271765,
            "mdd": -0.30298524367088986
          },
          "benchmark": {
            "cagr": 0.1375572902349742,
            "sharpe": 0.9005398137295889,
            "mdd": -0.2821765217243083
          },
          "win": false
        },
        {
          "strategy": {
            "cagr": 0.04408733326397307,
            "sharpe": 0.38737200228974944,
            "mdd": -0.1997975942235145
          },
          "benchmark": {
            "cagr": 0.25978179071430074,
            "sharpe": 1.1587444587185296,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "mean_exposure": 0.10772428126082438,
      "days_in_market": 0.10772428126082438,
      "fixed_exposure": {
        "cagr": 0.021578185852993315,
        "sharpe": 1.041393525015538,
        "mdd": -0.04203890858835846
      },
      "without_best_year": {
        "year": 2026,
        "strategy": {
          "cagr": -0.03260575911486907,
          "sharpe": -0.29966249952686025,
          "mdd": -0.37360556399191214
        },
        "benchmark": {
          "cagr": 0.16798077547360513,
          "sharpe": 0.9539840891886799,
          "mdd": -0.3395700541458193
        }
      },
      "events": 86,
      "trades": 46,
      "monthly_turnover_mean": 0.3181818181818182,
      "monthly_turnover_max": 3.0,
      "pass": {
        "neighbors": false,
        "halves": false,
        "cost": false,
        "fixed_exposure": false,
        "without_best_year": false
      },
      "all_pass": false
    },
    "avoid": {
      "base": {
        "kind": "avoid",
        "hold": 5,
        "quantile": 0.975
      },
      "grid": [
        {
          "parameters": {
            "kind": "avoid",
            "hold": 3,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": 0.11928790955388169,
            "sharpe": 0.7911917685874501,
            "mdd": -0.36484730083005557
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 3,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": 0.1596328318471294,
            "sharpe": 0.9875858617933395,
            "mdd": -0.3227887085620281
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 3,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": 0.17143510897862524,
            "sharpe": 1.0017162300430664,
            "mdd": -0.3221046790735751
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 5,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": 0.10519537632001841,
            "sharpe": 0.7384094450975269,
            "mdd": -0.3472745087310587
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 5,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": 0.14549990193633278,
            "sharpe": 0.9450435259385722,
            "mdd": -0.35531888349219587
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 5,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": 0.15824005265811025,
            "sharpe": 0.9472975995378398,
            "mdd": -0.3687137497092817
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 10,
            "quantile": 0.95
          },
          "strategy": {
            "cagr": 0.1276451457342762,
            "sharpe": 0.9431419767876541,
            "mdd": -0.23776449133499877
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 10,
            "quantile": 0.975
          },
          "strategy": {
            "cagr": 0.14903268229065292,
            "sharpe": 1.0316607426383755,
            "mdd": -0.25570211932470355
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": false
        },
        {
          "parameters": {
            "kind": "avoid",
            "hold": 10,
            "quantile": 0.99
          },
          "strategy": {
            "cagr": 0.16821918295562854,
            "sharpe": 1.0445481527285234,
            "mdd": -0.2687119514650126
          },
          "benchmark": {
            "cagr": 0.19846015325330857,
            "sharpe": 1.0413935250155428,
            "mdd": -0.3395700541458192
          },
          "win": true
        }
      ],
      "grid_wins": 1,
      "grid_n": 9,
      "main": {
        "strategy": {
          "cagr": 0.14549990193633278,
          "sharpe": 0.9450435259385722,
          "mdd": -0.35531888349219587
        },
        "benchmark": {
          "cagr": 0.19846015325330857,
          "sharpe": 1.0413935250155428,
          "mdd": -0.3395700541458192
        },
        "win": false
      },
      "halves": [
        {
          "strategy": {
            "cagr": 0.14573334124959336,
            "sharpe": 1.0506619526308412,
            "mdd": -0.20962199312714824
          },
          "benchmark": {
            "cagr": 0.1375572902349742,
            "sharpe": 0.9005398137295889,
            "mdd": -0.2821765217243083
          },
          "win": true
        },
        {
          "strategy": {
            "cagr": 0.14266491598942554,
            "sharpe": 0.8589926743296643,
            "mdd": -0.35531888349219587
          },
          "benchmark": {
            "cagr": 0.25978179071430074,
            "sharpe": 1.1587444587185296,
            "mdd": -0.3395700541458192
          },
          "win": false
        }
      ],
      "mean_exposure": 0.8922757187391757,
      "days_in_market": 0.8922757187391757,
      "fixed_exposure": {
        "cagr": 0.17748594882595747,
        "sharpe": 1.0413935250155444,
        "mdd": -0.3081758679801758
      },
      "without_best_year": {
        "year": 2020,
        "strategy": {
          "cagr": 0.1118592195370971,
          "sharpe": 0.8242747939151867,
          "mdd": -0.35531888349219687
        },
        "benchmark": {
          "cagr": 0.1713471522265193,
          "sharpe": 1.0125086781788686,
          "mdd": -0.3395700541458192
        }
      },
      "events": 86,
      "trades": 46,
      "monthly_turnover_mean": 0.3181818181818182,
      "monthly_turnover_max": 3.0,
      "pass": {
        "neighbors": false,
        "halves": false,
        "cost": false,
        "fixed_exposure": false,
        "without_best_year": false
      },
      "all_pass": false
    }
  },
  "recent_otc_check": {
    "reconstructed": 700,
    "official_overlap": 700
  },
  "closing_limit_events": 19762,
  "locked_events": 4163
}