Skip to content
Research / Public ledgerOpen access · Freely available
Research for AI and humans

The question. The test.
The result.

We study market history to make the memory more useful for AI agents and people. Each study links its question, decision criteria, and available source documents. Read the findings, including the ideas that did not work.

Read the latest research update → Short, dated explanations of published work. The study records below remain the source of truth.

New: The Chart Casebook Real charts, historical matches, and the differences that matter. Start with IONQ at noon and its 50 comparisons.

Research for agents How we plan to test evidence, clocks, citations and uncertainty in agent answers.

Alphaforge research

Stock notes & weekly views

Our dated interpretations of market states, changing expectations and observed responses. Sources, countercases and follow-ups included.

Paper positions

Research Model Portfolio

Simulated positions with 1-, 5- or 10-session horizons. A dated record of the research and its development, updated after the close.

Simulated. No real money invested in this model.
Our philosophy

History informs the question.

Understand the present by studying how comparable situations developed in the past.

Research is free and expresses general views, without instructions to buy or sell.

16public studies
4passed their criteria
9did not pass
3other statuses

16 of 16 studies · Most recently decided first

Study 101Calibration

Closer analogs do not automatically deserve more weight

Weighting closer examples failed the primary test. Inverse-rank weighting narrowed the raw band but lost 5.2 percentage points of coverage; it did not establish narrower bands at equal coverage. Direction was not measured.

Fail
Study 100Memory

Similar charts narrow the spread among analog outcomes

Closer historical matches had less spread among their later outcomes. This does not establish a narrower forecast band for the stock being examined or predict its direction. Study 101 tested the weighting follow-up.

Pass
Study 91Memory

Testing analog spread over one and ten observed bars

On the same records used by Study 90, analog spread was positively associated with absolute excess moves at one and ten observed bars. Both separately reported primaries passed. The secondary difference versus shape-only excluded zero only at ten bars. This was a horizon extension on a reused sample, not an independent replication or proof of an advantage at every horizon.

Pass
Study 90Memory

Historical analog spread was associated with later move size

Across 383 successful historical cases, wider analog spreads were associated with larger later absolute excess moves. A positive partial association remained after controlling for trailing volatility. The five-bar comparison with shape-only analogs was inconclusive: its reported interval included zero. This passed the original association test; it did not establish directional accuracy or better future forecasts.

Pass
Study ER-002Edge refinery

Issuer buyback-blackout reopening

The source review found no dates that met the preset definition. The study stopped before inspecting returns or opening an outcome test.

Stopped
Study ER-004Edge refinery

Legacy fundamental-factor deciles

The research family was retired because the historical evidence and implementation costs did not support continuing it.

Stopped
Study CAT-1Edge refinery

Catalyst impulse, balance and restart

The idea failed on the population selected before the test. It was not promoted or retuned after seeing the result.

Fail
Reading the record

A verdict has a specific meaning.

Pass is not a promise.

The study met its stated criteria on the evaluated sample. That is not proof of trading profitability, universal validity, or future performance.

Fail is a finding.

The hypothesis did not clear its decision criteria. The result remains visible, with the original question and the reasons it did not pass.

Not every study concludes.

Stopped work may end at a source or feasibility check. Parked work is paused. Read each study's record before interpreting its status.

Ledger updated . This is a curated public collection, not a claim that every internal experiment is published. How the research is conducted →