{
  "generated_at": "2026-03-11T13:57:49.123257+00:00",
  "data": {
    "trace_rows": 38308,
    "oos_rows": 15255,
    "merged_rows": 6336,
    "n_days_total": 414,
    "n_days_is": 248,
    "n_days_oos": 166
  },
  "method": {
    "flow_metric": "cust_gamma_flow = diff(sum(cust_gamma) by snapshot timestamp within day)",
    "rating_metric": "time-of-day percentile buckets from IS",
    "split": "60/40 date-ordered IS/OOS",
    "fomc_excluded": true
  },
  "by_rating_oos": {
    "EXTREME_LOW": {
      "n": 1228,
      "mean_flow": -238670151926.057,
      "mean_abs_flow": 238670151926.057,
      "30m_mean_bps": 0.15486785307058196,
      "30m_abs_mean_bps": 13.166351831015367,
      "30m_wr_up": 51.64359861591695,
      "30m_ic_flow": 0.006830105692837144,
      "1h_mean_bps": 0.3055956806267701,
      "1h_abs_mean_bps": 19.518089522834664,
      "1h_wr_up": 55.98559855985599,
      "1h_ic_flow": -0.0007929649887227042,
      "2h_mean_bps": 0.26029155602709325,
      "2h_abs_mean_bps": 26.899512947028864,
      "2h_wr_up": 56.44355644355644,
      "2h_ic_flow": 0.020017940323310883
    },
    "LOW": {
      "n": 517,
      "mean_flow": -4128605122.781203,
      "mean_abs_flow": 4128605122.781203,
      "30m_mean_bps": -0.21582742751982092,
      "30m_abs_mean_bps": 10.45149596468844,
      "30m_wr_up": 52.21987315010571,
      "30m_ic_flow": -0.0480293556575788,
      "1h_mean_bps": -0.8299766553679266,
      "1h_abs_mean_bps": 14.73500833873026,
      "1h_wr_up": 55.45454545454545,
      "1h_ic_flow": -0.03491124712563364,
      "2h_mean_bps": -1.7046733618684609,
      "2h_abs_mean_bps": 20.32987728945858,
      "2h_wr_up": 55.297157622739014,
      "2h_ic_flow": 0.030141094741489134
    },
    "NORMAL": {
      "n": 2153,
      "mean_flow": 1124512859.0793536,
      "mean_abs_flow": 1869444358.416583,
      "30m_mean_bps": 0.08892091669174113,
      "30m_abs_mean_bps": 9.657059102478177,
      "30m_wr_up": 52.562761506276146,
      "30m_ic_flow": 0.029505643211955025,
      "1h_mean_bps": -0.050987356979255063,
      "1h_abs_mean_bps": 13.544919515772003,
      "1h_wr_up": 53.80150899593732,
      "1h_ic_flow": 0.03548963181887363,
      "2h_mean_bps": 0.145087600947921,
      "2h_abs_mean_bps": 19.20105900621899,
      "2h_wr_up": 55.4519368723099,
      "2h_ic_flow": 0.06045282324528276
    },
    "HIGH": {
      "n": 618,
      "mean_flow": 5151337515.276158,
      "mean_abs_flow": 5151337515.276158,
      "30m_mean_bps": 0.5291431704481255,
      "30m_abs_mean_bps": 9.649605852061727,
      "30m_wr_up": 54.379562043795616,
      "30m_ic_flow": -0.09073049870926936,
      "1h_mean_bps": 0.8345311077411398,
      "1h_abs_mean_bps": 12.749936769082368,
      "1h_wr_up": 54.30861723446894,
      "1h_ic_flow": -0.07136498466885771,
      "2h_mean_bps": 0.5631325981806788,
      "2h_abs_mean_bps": 17.468638337286812,
      "2h_wr_up": 54.736842105263165,
      "2h_ic_flow": -0.16156233348630958
    },
    "EXTREME_HIGH": {
      "n": 1820,
      "mean_flow": 220057486969.60452,
      "mean_abs_flow": 220057486969.60452,
      "30m_mean_bps": -0.5984672638533248,
      "30m_abs_mean_bps": 12.17547386652495,
      "30m_wr_up": 50.62421972534332,
      "30m_ic_flow": -0.005714981385962643,
      "1h_mean_bps": -0.5046061781840111,
      "1h_abs_mean_bps": 16.806338626248344,
      "1h_wr_up": 53.351955307262564,
      "1h_ic_flow": -0.02571079889112308,
      "2h_mean_bps": -0.06577330457631421,
      "2h_abs_mean_bps": 24.249843745350397,
      "2h_wr_up": 54.44444444444444,
      "2h_ic_flow": 0.006080652276133184
    }
  },
  "high_vs_low_oos": {
    "n_high_like": 2438,
    "n_low_like": 1745,
    "30m_high_minus_low_bps": -0.35828968188347954,
    "30m_abs_high_minus_low_bps": -0.8463891202304297,
    "1h_high_minus_low_bps": -0.14200007627559363,
    "1h_abs_high_minus_low_bps": -2.403084852858259,
    "2h_high_minus_low_bps": 0.38549143763762844,
    "2h_abs_high_minus_low_bps": -2.5829048818671154
  },
  "volatility_ic_oos": {
    "30m": {
      "ic_abs_flow_vs_abs_ret": 0.113936211789183,
      "p_value": 6.614030409143915e-18,
      "n": 5691
    },
    "1h": {
      "ic_abs_flow_vs_abs_ret": 0.12408981217490532,
      "p_value": 2.58403886292032e-19,
      "n": 5205
    },
    "2h": {
      "ic_abs_flow_vs_abs_ret": 0.1462125327157545,
      "p_value": 1.0527574641599101e-21,
      "n": 4242
    }
  }
}