{
  "cumulative_counters": {
    "evaluator_invocations": 1,
    "exports": 0,
    "external_ai_attempts": 0,
    "live_orders": 0,
    "paper_orders": 0,
    "product_communications": 0,
    "protected_reads": 107,
    "provider_calls": 106,
    "public_data_requests": 106,
    "qualification_decisions": 0
  },
  "dataset_identity": "d53c103ba184c7fa0b7736ac5280d2341f82884ad17ce89453e9680e129b7182",
  "evaluation_identity": "3ad29b94b5c5feda1662142f85ffc5f4f3fc00be22bbabb5655978145f11265d",
  "executed_trades": 739,
  "novelty_history_identity": "8a0527ccbdb54219608ebe2f83e65ba2f00927c7f2c6c241b36556856d9288c0",
  "outcome": "FALSIFIED",
  "primary": {
    "annualized_daily_net_r_sharpe": -11.015451290865743,
    "cost_bps_per_side": 15,
    "cumulative_net_r": -882.9265392036972,
    "daily_net_r_hac_se": 0.3066727013564072,
    "daily_net_r_lower_95": -2.9234085248492487,
    "folds": [
      {
        "aggregate_net_r": -242.76129602751638,
        "end_new_york_date": "2025-11-30",
        "positive": false,
        "start_new_york_date": "2025-09-01"
      },
      {
        "aggregate_net_r": -176.6835387348505,
        "end_new_york_date": "2026-02-28",
        "positive": false,
        "start_new_york_date": "2025-12-01"
      },
      {
        "aggregate_net_r": -180.01906526803026,
        "end_new_york_date": "2026-05-31",
        "positive": false,
        "start_new_york_date": "2026-03-01"
      },
      {
        "aggregate_net_r": -283.4626391733006,
        "end_new_york_date": "2026-08-31",
        "positive": false,
        "start_new_york_date": "2026-06-01"
      }
    ],
    "maximum_drawdown_r": 883.3089310913598,
    "mean_daily_net_r": -2.4189768197361565,
    "mean_net_r_per_trade": -1.194758510424489,
    "positive_folds": 0
  },
  "reason": "PRIMARY_MEAN_DAILY_NET_R_NOT_STRICTLY_POSITIVE",
  "research_result_identity": "baf6a005705d215efda751719a54bed4a942cbca860450c79b41da1bd70682f5",
  "state": "RESEARCH_TERMINAL_REGISTERED",
  "workflow": "published_data_trader_btc_ny4h_range_fade_evaluation_v1"
}
