DDR1-RRA2 Frozen Observer

Observer

DDR1-RRA2

Independent frozen observer

Freeze anchor

2026-08-25

Only later governed days can count

Rebalance Period

63 trading days

Four fresh blocks required

Current Status

pending

0 / 252 fresh days

Last admitted source date2026-08-11Latest local trace delivery2026-09-04Public page refreshedpending

Protocol Summary

Public metadata and safe history

Asset pool	CNETF multi-asset sleeve; detailed holdings are not published.
Cost assumption	Cost20 is the primary historical convention; Cost40 is retained as a stricter sensitivity.
Benchmark framework	The frozen CNETF-TR8 matched policy anchor is the sole primary benchmark. Equal-weight, LDI, 60/40, inverse-volatility, and single-asset series are descriptive context only.
Minimum evidence	252 genuinely new governed trading days, reviewed in four 63-day blocks.

Public record

Historical Cost20 daily NAV, summary metrics, protocol boundaries, and hash commitments are inspectable.

Hash only

A digest supports later verification without releasing private artifacts.

Pending

Fresh rows are shown only after project-specific admission; trace-only deliveries remain excluded.

The charts below are the published frozen historical Cost20 path. They are not fresh-forward confirmation.

Cumulative NAV / Cumulative Return

The candidate is red. Select descriptive comparators without changing the frozen primary-benchmark decision.

Historical path published

Chart view

Scope: exposed historical window

Only the CNETF-TR8 matched policy anchor is the primary benchmark used by the frozen decision. Other series are descriptive comparators.

Relative Return vs Selected Benchmarks

Candidate NAV divided by each selected comparator NAV, minus one.

Cost20 annual increment vs primary+28.28 bp/year

Cost40 annual increment vs primary+23.82 bp/year

Drawdown

Running-peak drawdown for the candidate and selected comparators.

Candidate Cost20 max drawdown-7.77%

Candidate Cost20 CVaR95 loss1.06%

Candidate annual one-way turnover0.236x

Latest Exposed-History Snapshot

Latest available return and risk state; fresh forward rows remain withheld until admission.

Series	Daily return	Cumulative return	Drawdown

Block Progress

Current 63-trading-day validation block progress.

0 / 252

063126189252

Block 1 is pending; no interim performance is counted as a finalized result.

Historical Comparison Metrics

Same exposed-history window. Sharpe uses a zero risk-free rate; benchmark roles preserve the frozen decision hierarchy.

Series	Role	Ann. return	Ann. vol.	Sharpe	Max drawdown	CVaR95 loss	Turnover

Statistical boundary: NW-HAC t=1.250, p=0.211; bootstrap one-sided p=0.112; DSR=0.016 over 1,133 exposed trials. These values do not establish quasi or formal alpha.

Daily NAV Records

The full normalized historical Cost20 path is available as a safe public export; no positions or signals are included.

Public record

Date	DDR1-RRA2 NAV	Matched anchor NAV	DDR1-RRA2 drawdown

Download complete historical daily path Historical metrics JSON Data schema

Benchmark Definitions and Relative Context

One primary benchmark plus descriptive policy, risk-based, and single-asset comparators. All paths share the same exposed-history dates.

Benchmark	Role	Definition	Rebalance	Tracking error	Info. ratio

Block Status

A block becomes part of the finalized record only after its complete 63-trading-day period.

Block	Eligible after	Days	Status	Result
1	2026-08-25	0 / 63	pending	not applicable
2-4	After prior block	0 / 189	not started	not applicable

Hash Manifest

Hash commitments support later verification without disclosing private artifacts.

Artifact	SHA-256	Disclosure	Status
source freeze manifest	cb5a33dcdd953c26474868d4607b5c27b03eba2be04f9586d5d7faeac00b3650	hash only	current
independent freeze manifest	0c7e6db011df454a6983df00d4b70bc2727f8ba2d77c228d6716bdd80bf687a9	hash only	current
public snapshot	See public hash_manifest.csv	public record	current

Public Files

Only approved low-disclosure files are served by this Pages project.

public_snapshot.json freeze_hash.txt hash_manifest.csv public_protocol.md claim_boundary.md source_delivery_status.json benchmark daily paths benchmark metrics benchmark manifest

Disclosure Note

This page is a public validation record, not investment advice or a product offering.

It does not publish source code, model internals, features, signals, positions, weights, checkpoints, raw data, or a live trading authorization. Historical performance-only evidence remains distinct from fresh-forward confirmation.