STRATUM / METHODOLOGY

The rules behind the result.

Inspect the proposed research pipeline, the implemented scenario proxies and the boundaries of each model. Download the complete rulebook below.

01 / SYSTEM ARCHITECTURE

From market inputs
to defined exposures.

A five-layer research specification. Inspect the assumptions, transformations, and implementation boundaries at each stage.

LAYER 01 / Design specification

Data qualification

A proposed eligibility layer rejects stale observations, incomplete contract histories and inconsistent timestamps before a signal is constructed.

eligible = freshness ∩ depth ∩ continuity
INPUT DOMAIN
Reference prices · Contract terms · Funding curves
OUTPUT CONTRACT
Eligible universe + exclusion register
PARAMETER REGISTER
Draft gates: 252 observations; 20-session liquidity window; instrument-specific quote age.
ACTIVE LAYER / 01

Concept specifications describe a proposed process. Only the on-page deterministic calculations operate in this prototype.

Exposure & accounting map

Authored model assumptions
All coefficients and sleeve definitions are illustrative. T = trading sessions / 252; spot shock is a decimal, ΔIV is volatility percentage points, and Δbasis is basis points.
MODEL LAYERREFERENCE EXPRESSIONRETURN CHANNELPRINCIPAL FAILURE MODEIMPLEMENTED PROXY
Directional sleeveTrend proxiesPrice responseMomentum reversal / gap risk0.85 × spot shock + 0.10 × shock²
Volatility sleeveOptions-style carry proxyCarry + volatility + convexityShort-convexity loss / repricing7% × T − 0.004 × ΔIV − 0.70 × shock²
Basis sleeveCash–derivative spread proxyCarry + spread movementFunding mismatch / basis divergence5% × T − 0.35 × Δbasis / 10,000
Financing ledgerBorrowing above 1.0× capitalSimple funding expenseFunding shock / collateral pressureCapital × max(L−1, 0) × funding × T
Cost ledgerManagement + one-time executionExplicit deductionsTurnover / spread wideningCapital × fee × T + gross notional × cost

02 / METHODOLOGY & CONTROLS

The assumptions
are part of
the product.

A research framework needs an explicit rulebook: what enters, what changes, how costs accrue, and where the model stops.

Download rulebook

Define the observation calendar, eligible instruments and data hierarchy before evaluation. A production design would distinguish exchange closes, composite marks and stale observations. The STRATUM demonstrator has no market-data feed: every path and coefficient is synthetic.