{
  "base_ic": {
    "IS": {
      "1H": {
        "IC": 0.0781,
        "p": 0.104,
        "N": 434,
        "Sharpe_LS": 0.394,
        "mean_long": 0.42,
        "mean_short": -0.33
      },
      "3H": {
        "IC": 0.1044,
        "p": 0.029645,
        "N": 434,
        "Sharpe_LS": 0.599,
        "mean_long": 1.63,
        "mean_short": -0.08
      },
      "6H": {
        "IC": 0.1513,
        "p": 0.001573,
        "N": 434,
        "Sharpe_LS": 1.738,
        "mean_long": 4.21,
        "mean_short": -2.1
      },
      "EOD": {
        "IC": 0.1664,
        "p": 0.000498,
        "N": 434,
        "Sharpe_LS": 2.223,
        "mean_long": 5.93,
        "mean_short": -2.32
      }
    },
    "OOS": {
      "1H": {
        "IC": 0.1102,
        "p": 0.060891,
        "N": 290,
        "Sharpe_LS": 1.291,
        "mean_long": 2.39,
        "mean_short": -1.63
      },
      "3H": {
        "IC": 0.1703,
        "p": 0.003621,
        "N": 290,
        "Sharpe_LS": 2.272,
        "mean_long": 5.36,
        "mean_short": -5.31
      },
      "6H": {
        "IC": 0.1499,
        "p": 0.010605,
        "N": 290,
        "Sharpe_LS": 2.726,
        "mean_long": 10.22,
        "mean_short": -8.1
      },
      "EOD": {
        "IC": 0.1625,
        "p": 0.005547,
        "N": 290,
        "Sharpe_LS": 2.73,
        "mean_long": 10.38,
        "mean_short": -8.74
      }
    },
    "FULL": {
      "1H": {
        "IC": 0.0907,
        "p": 0.014636,
        "N": 724,
        "Sharpe_LS": 0.622,
        "mean_long": 0.95,
        "mean_short": -0.59
      },
      "3H": {
        "IC": 0.1284,
        "p": 0.000533,
        "N": 724,
        "Sharpe_LS": 1.538,
        "mean_long": 3.33,
        "mean_short": -2.38
      },
      "6H": {
        "IC": 0.1429,
        "p": 0.000115,
        "N": 724,
        "Sharpe_LS": 2.054,
        "mean_long": 6.31,
        "mean_short": -4.19
      },
      "EOD": {
        "IC": 0.1605,
        "p": 1.4e-05,
        "N": 724,
        "Sharpe_LS": 2.35,
        "mean_long": 7.63,
        "mean_short": -4.81
      }
    }
  },
  "factor_conditioning": {
    "gex_regime": {
      "pos_gex_3H": {
        "IC": 0.075,
        "p": 0.081514,
        "N": 540
      },
      "pos_gex_EOD": {
        "IC": 0.0957,
        "p": 0.026141,
        "N": 540
      },
      "neg_gex_3H": {
        "IC": 0.1571,
        "p": 0.033219,
        "N": 184
      },
      "neg_gex_EOD": {
        "IC": 0.2245,
        "p": 0.002182,
        "N": 184
      }
    },
    "rvol": {
      "high_rvol_3H": {
        "IC": 0.1652,
        "p": 0.001731,
        "N": 357
      },
      "high_rvol_EOD": {
        "IC": 0.1918,
        "p": 0.000267,
        "N": 357
      },
      "low_rvol_3H": {
        "IC": 0.0991,
        "p": 0.061086,
        "N": 358
      },
      "low_rvol_EOD": {
        "IC": 0.1309,
        "p": 0.013167,
        "N": 358
      }
    },
    "gap": {
      "gap_up_3H": {
        "IC": 0.1484,
        "p": 0.021769,
        "N": 239,
        "gap_mean": 32.24
      },
      "gap_up_EOD": {
        "IC": 0.174,
        "p": 0.007009,
        "N": 239,
        "gap_mean": 32.24
      },
      "gap_flat_3H": {
        "IC": 0.0291,
        "p": 0.649035,
        "N": 247,
        "gap_mean": 3.19
      },
      "gap_flat_EOD": {
        "IC": 0.1253,
        "p": 0.049225,
        "N": 247,
        "gap_mean": 3.19
      },
      "gap_down_3H": {
        "IC": 0.1846,
        "p": 0.004355,
        "N": 237,
        "gap_mean": -28.04
      },
      "gap_down_EOD": {
        "IC": 0.1886,
        "p": 0.003573,
        "N": 237,
        "gap_mean": -28.04
      }
    },
    "dow": {
      "Mon_3H": {
        "IC": -0.0786,
        "p": 0.354059,
        "N": 141
      },
      "Mon_EOD": {
        "IC": -0.0157,
        "p": 0.853175,
        "N": 141
      },
      "Tue_3H": {
        "IC": 0.2184,
        "p": 0.006156,
        "N": 156
      },
      "Tue_EOD": {
        "IC": 0.2169,
        "p": 0.006533,
        "N": 156
      },
      "Wed_3H": {
        "IC": 0.1136,
        "p": 0.193064,
        "N": 133
      },
      "Wed_EOD": {
        "IC": 0.0623,
        "p": 0.475887,
        "N": 133
      },
      "Thu_3H": {
        "IC": 0.2507,
        "p": 0.001835,
        "N": 152
      },
      "Thu_EOD": {
        "IC": 0.2762,
        "p": 0.000573,
        "N": 152
      },
      "Fri_3H": {
        "IC": 0.1196,
        "p": 0.156423,
        "N": 142
      },
      "Fri_EOD": {
        "IC": 0.2119,
        "p": 0.011354,
        "N": 142
      }
    },
    "vix": {
      "high_vix_3H": {
        "IC": 0.3602,
        "p": 2e-06,
        "N": 169,
        "vix_med": 17.31
      },
      "high_vix_EOD": {
        "IC": 0.3111,
        "p": 3.8e-05,
        "N": 169,
        "vix_med": 17.31
      },
      "low_vix_3H": {
        "IC": -0.0979,
        "p": 0.205383,
        "N": 169,
        "vix_med": 17.31
      },
      "low_vix_EOD": {
        "IC": -0.024,
        "p": 0.75717,
        "N": 169,
        "vix_med": 17.31
      }
    },
    "buy_pct_solo": {
      "high_buy_3H": {
        "IC": 0.0697,
        "p": 0.186028,
        "N": 362,
        "buy_pct_med": 0.5004
      },
      "high_buy_EOD": {
        "IC": 0.1188,
        "p": 0.023771,
        "N": 362,
        "buy_pct_med": 0.5004
      },
      "low_buy_3H": {
        "IC": 0.228,
        "p": 1.2e-05,
        "N": 362,
        "buy_pct_med": 0.5004
      },
      "low_buy_EOD": {
        "IC": 0.2353,
        "p": 6e-06,
        "N": 362,
        "buy_pct_med": 0.5004
      }
    },
    "buy_pct_standalone": {
      "3H": {
        "IC": 0.4391,
        "p": 0.0,
        "N": 724
      },
      "EOD": {
        "IC": 0.3738,
        "p": 0.0,
        "N": 724
      }
    }
  },
  "quintile_analysis": {
    "3H": [
      {
        "quintile": 1,
        "N": 145,
        "mean_return": -6.79,
        "median_return": -5.25,
        "win_rate_pos": 0.4207,
        "win_rate_7pt": 0.5241
      },
      {
        "quintile": 2,
        "N": 145,
        "mean_return": 1.32,
        "median_return": 4.5,
        "win_rate_pos": 0.5448,
        "win_rate_7pt": null
      },
      {
        "quintile": 3,
        "N": 144,
        "mean_return": 3.14,
        "median_return": 6.12,
        "win_rate_pos": 0.5764,
        "win_rate_7pt": null
      },
      {
        "quintile": 4,
        "N": 145,
        "mean_return": 0.23,
        "median_return": 0.5,
        "win_rate_pos": 0.5103,
        "win_rate_7pt": null
      },
      {
        "quintile": 5,
        "N": 145,
        "mean_return": 4.51,
        "median_return": 4.5,
        "win_rate_pos": 0.6,
        "win_rate_7pt": 0.5517
      }
    ],
    "3H_monotone": false,
    "EOD": [
      {
        "quintile": 1,
        "N": 145,
        "mean_return": -11.33,
        "median_return": -7.25,
        "win_rate_pos": 0.4138,
        "win_rate_7pt": 0.5241
      },
      {
        "quintile": 2,
        "N": 145,
        "mean_return": -1.06,
        "median_return": 4.0,
        "win_rate_pos": 0.5379,
        "win_rate_7pt": null
      },
      {
        "quintile": 3,
        "N": 144,
        "mean_return": 4.47,
        "median_return": 4.88,
        "win_rate_pos": 0.5833,
        "win_rate_7pt": null
      },
      {
        "quintile": 4,
        "N": 145,
        "mean_return": 5.84,
        "median_return": 1.75,
        "win_rate_pos": 0.5172,
        "win_rate_7pt": null
      },
      {
        "quintile": 5,
        "N": 145,
        "mean_return": 9.16,
        "median_return": 9.5,
        "win_rate_pos": 0.6345,
        "win_rate_7pt": 0.5517
      }
    ],
    "EOD_monotone": true
  },
  "redundancy_vs_total_gex": {
    "3H": {
      "IC_gamma_imbalance": 0.1321,
      "IC_total_gex": 0.1275,
      "signal_correlation": 0.9627,
      "partial_IC_gi_controls_for_tg": 0.0372,
      "partial_IC_gi_p": 0.324201,
      "partial_IC_tg_controls_for_gi": 0.0053,
      "N": 705
    },
    "EOD": {
      "IC_gamma_imbalance": 0.1644,
      "IC_total_gex": 0.1636,
      "signal_correlation": 0.9627,
      "partial_IC_gi_controls_for_tg": 0.0148,
      "partial_IC_gi_p": 0.694225,
      "partial_IC_tg_controls_for_gi": 0.0359,
      "N": 705
    }
  },
  "combo_with_buy_pct": {
    "3H": {
      "agree_long": {
        "N": 182,
        "mean_return": 11.88,
        "win_rate_pos": 0.7143
      },
      "agree_short": {
        "N": 182,
        "mean_return": -14.44,
        "win_rate_pos": 0.3077
      },
      "disagree_gi_bull_bp_bear": {
        "N": 180,
        "mean_return": -5.31,
        "win_rate_pos": 0.4222
      },
      "disagree_gi_bear_bp_bull": {
        "N": 180,
        "mean_return": 9.82,
        "win_rate_pos": 0.6778
      },
      "combined_signal_IC": {
        "IC": 0.3582,
        "p": 0.0,
        "N": 724
      }
    },
    "EOD": {
      "agree_long": {
        "N": 182,
        "mean_return": 17.26,
        "win_rate_pos": 0.7308
      },
      "agree_short": {
        "N": 182,
        "mean_return": -17.41,
        "win_rate_pos": 0.3571
      },
      "disagree_gi_bull_bp_bear": {
        "N": 180,
        "mean_return": -2.1,
        "win_rate_pos": 0.4278
      },
      "disagree_gi_bear_bp_bull": {
        "N": 180,
        "mean_return": 7.92,
        "win_rate_pos": 0.6333
      },
      "combined_signal_IC": {
        "IC": 0.336,
        "p": 0.0,
        "N": 724
      }
    }
  },
  "stacked_edge": {
    "GI_Q5_buypct_high": {
      "N": 54,
      "WR_7pt_long": 0.6667
    },
    "GI_Q1_buypct_low": {
      "N": 56,
      "WR_7pt_short": 0.6964
    }
  },
  "year_by_year": {
    "2023": {
      "1H": {
        "IC": 0.1231,
        "p": 0.080982,
        "N": 202
      },
      "3H": {
        "IC": 0.1631,
        "p": 0.020394,
        "N": 202
      },
      "EOD": {
        "IC": 0.2084,
        "p": 0.002923,
        "N": 202
      }
    },
    "2024": {
      "1H": {
        "IC": 0.0695,
        "p": 0.280257,
        "N": 243
      },
      "3H": {
        "IC": 0.0504,
        "p": 0.434068,
        "N": 243
      },
      "EOD": {
        "IC": 0.1255,
        "p": 0.050773,
        "N": 243
      }
    },
    "2025": {
      "1H": {
        "IC": 0.0952,
        "p": 0.140494,
        "N": 241
      },
      "3H": {
        "IC": 0.1965,
        "p": 0.002184,
        "N": 241
      },
      "EOD": {
        "IC": 0.1585,
        "p": 0.013745,
        "N": 241
      }
    },
    "2026": {
      "1H": {
        "IC": 0.1257,
        "p": 0.451927,
        "N": 38
      },
      "3H": {
        "IC": 0.1782,
        "p": 0.28431,
        "N": 38
      },
      "EOD": {
        "IC": 0.229,
        "p": 0.166621,
        "N": 38
      }
    }
  },
  "meta": {
    "signal": "call_gex - |put_gex|, rolling z-score (60d)",
    "total_rows": 724,
    "IS_rows": 434,
    "OOS_rows": 290,
    "date_range": "2023-03-01 to 2026-02-27",
    "fomc_excluded": true,
    "horizons": [
      "1H",
      "3H",
      "6H",
      "EOD"
    ],
    "z_window": 60
  }
}