{"schema":1,"generated_at":"2026-10-14T18:04:36Z","name":"Robust trend: holdings at each month-end","resolution":"month-end","meta":{"spec":"docs/research/models_v1_spec.md","disclaimer":"Rules registered in advance and tracked in public. Not investment advice: a model's holdings describe what its rule says, not what anyone should buy. Backtests before a model's entry date are not evidence of future results.","as_of":"2026-10-14","n_trials":197,"signal_freshness":{"cape":"2026-08-31","yield_gap":"2026-10-14","pe_n500":"2026-10-14","mcap_gdp":"2026-09-30","govt_debt":"2026-10-01"},"stale_prices":{},"live_held":{"trend_local":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"trend_global":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"gtaa":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"gtaa_global":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"dual_momentum":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"trend_india":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"trend_world":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"one_over_n_india":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"one_over_n_global":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"robust_trend":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"adaptive_allocation":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"erc":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"min_variance":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"inverse_vol":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"hrp":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"max_diversification":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"all_weather":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"golden_butterfly":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"endowment":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"paa":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"daa":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"vaa":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"baa":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"ensemble_equal":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"sixty_twenty_twenty":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"permanent":{"to":"2026-10-13","because":{"gold":"2026-10-13"}},"equal_thirds":{"to":"2026-10-13","because":{"gold":"2026-10-13"}}},"live_rebuilds":[{"id":"2026-10-14-carried-prices","applied_at":"2026-10-14 20:51:44","rows_superseded":273,"last_date_superseded":"2026-10-13","archive":"models_live_log.superseded.2026-10-14-carried-prices.parquet","reason":"From 1 to 13 October 2026 the log was written from a panel that carried the 5-year G-sec forward between weekly fetches and gold forward on evening runs (gold lands after E1), so rows recorded flat prices for days the source had not yet posted. The daily G-sec fetch and the live-log hold fix the cause."}],"notes":["Returns after costs. After-tax figures: resident individual in the 30% slab, Indian capital-gains rules by date, everything sold at the end.","Foreign legs: S&P 500 and Nasdaq-100 price indices in rupees, held through LRS (0.60% each way, 0.10% a year), one session behind the NSE close.","dsr_* is the deflated Sharpe ratio over all counted trials; 0.95 is the usual bar."],"source":"tipsheet models, computed from NSE total-return indices, domestic gold (World Gold Council), the NSE 5-year G-sec index, the 91-day T-bill, and for foreign legs the S&P 500 and Nasdaq-100 in rupees (ECB rates).","assets":{"w_cash":"Cash (91-day T-bill, as a liquid fund)","w_gold":"Gold (domestic, rupees)","w_gsec5":"G-sec 5-year (NSE benchmark index)","w_mid150":"Nifty Midcap 150","w_n100":"Nifty 100","w_small250":"Nifty Smallcap 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