{"name":"Swan Composite","release":"1.1.0","label":"Swan Composite v1.1.0","released_on":"2026-10-31","fingerprint":"614238556e85","params":{"input_weights":{"aas":0.5,"story":0.25,"market":0.25},"neutral":50.0,"rank_tilt":1.0,"story_tilt":0.5,"market_tilt":0.5,"w_min":0.05,"w_max":0.2,"weight_rebalance_min":0.01,"n_legs":10,"min_book":5,"market_scale":25.0,"capture_window_days":90,"capture_lam":1.0,"capture_n_min":8,"capture_shrink_k":4.0,"short_min_age_days":90,"heavy_short_funding_1h":-0.00001,"peg_max_range":0.08,"rank":"composite ascending (short) / descending (long); ties by liquidity, then symbol","weight":"normalise(rank_factor × story_factor × market_factor) clamped to [w_min, w_max]","anchor":{"stocks":"equal-weight median daily return of the universe","crypto":"BTC"}},"inputs":{"aas":"AI Adaptation Score — the company's own periodic SEC filings (stocks) or the project's public materials (crypto), 0–100, sector-relative","story":"AI Story Score — AI narrative sentiment, belief network and price reaction, 0–100, 50 neutral (stocks)","market":"Market verdict — the FTA signed down/up capture ratio versus the anchor (BTC for crypto, the universe median for stocks), 50 + 25 × (UC − DC), 0–100"},"mix":{"stocks":"50% AI Adaptation Score + 25% AI Story Score + 25% market verdict","crypto":"67% AI Adaptation Score + 33% market verdict"},"releases":[{"release":"0.1.0","date":"2026-10-29","changes":"AI Adaptation Score tails: the 10 lowest scores short, the 10 highest long; equal weights; admission through the pipeline's price, dollar-ADV, volatility and M&A-target guards."},{"release":"0.2.0","date":"2026-10-30","changes":"Model-read gate (a name never enters a book on a keyword count), software-only universe (SIC 7370–7379), disjoint books (each at most half the admissible pool), constituent research reports."},{"release":"1.0.0","date":"2026-10-31","changes":"AI Story Score joins the rank: composite = 0.65 × AI Adaptation Score + 0.35 × AI Story Score. Conviction overweight replaces equal weights: rank tilt (top leg 2× the bottom leg's base weight) × story agreement (up to +50%), weights clamped to 5–20%, rebalanced when a weight moves ≥ 1 point."},{"release":"1.1.0","date":"2026-10-31","changes":"FTA selection factored in, stocks AND crypto: the market verdict (FTA's signed down/up capture ratio versus the anchor — BTC for crypto, the universe median for stocks — shrunk toward 1 by 4 pseudo-bars, ≥ 8 bars per bucket, 90-day window) becomes the third composite input: aas 50% + story 25% + market 25% for stocks, aas 2/3 + market 1/3 for crypto (no story cohort). Market agreement tilts the weights (up to +50%). FTA squeeze-risk exclusions on the short books: < 90 days of price history (new listing) and, for crypto, live Hyperliquid funding ≤ −1e-5/h (crowded short); pegged assets (90-day price range ≤ 8%) leave both crypto books. The crypto books move from equal to conviction weights and carry the release label."}]}