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Ex-ante Cross-Asset Regime Classifier

The market's shape, before the day reveals it.

A pre-computed, calendar-robust classifier for the structure between asset classes — with the strongest effect at the interface of crypto and traditional markets. Pre-registered, reproducible — and testable in your own universe.

Pre-computedfixed before the trading day
Cross-assetfocus: crypto vs. traditional markets
Calendar-robusttested against weekday/month
Pre-registeredmonthly, SHA-256 sealed

The index

It measures the market's shape, not its direction.

We pre-compute an activity value (0–100). It classifies each coming trading day by the structure between asset classes — days on which that structure differs from the norm are marked in advance. This shows most clearly in the divergence between crypto and the traditional asset classes. The signal is directionless and same-day.

Macro waves

When markets get moving.

Alongside the daily index, we calculate macro waves: time windows that can last for several months and are fixed in advance. During these windows, speculators build up positions; after they end, the structure of the markets reorganises.

Positioning

In 14 of 17 US futures markets, speculators build up net long positions during the waves, regardless of the price trend (CFTC, 2019–2026).

Reorganisation after a wave ends

In the two weeks after a wave ends, the structure of 28 assets reorganises 16–22% faster than on average (topological data analysis, 2017–2026).

Sealed in advance

The start and end of future waves are sealed before they begin and disclosed once they have ended.

The discipline

Why our numbers hold up.

Most backtests are overfitted. We work differently — on purpose.

Pre-registration

Each monthly value is fixed before the month begins, with a timestamp and SHA-256 hash. Retroactive adjustment is ruled out — and provable.

Calendar control is mandatory

Without controlling for weekday and month, you only measure the calendar. Our tests residualise throughout and check against calendar-matched placebos.

We refute our own findings

More candidates failed under these controls than survived — and we report that openly, in both directions.

What remains, we treat as in-sample.

Who it's for

Three uses, honestly separated.

Clearly distinguished by what is proven today and what is still being validated — find your role here.

Available for testing today

Structure conditioning

Adjust risk and correlation assumptions ex ante on the pre-marked days — the days on which the index signals a changed cross-asset structure. No trade, a pure risk view.

For: Risk managers & CROs · Rating agencies & risk-model houses · Clearing houses & prime brokers
Available for testing today

Defensive execution veto

Rebalancing timing: suspend counter-cyclical buying on divergence days. Long-only, no derivatives, no leverage.

For: Asset managers · Family offices · Execution & TCA desks · Overlay managers
In validation

Active regime switch

The relationship between the index and market behaviour shifts over time. How a tradable logic can be derived from it is something we are currently testing out-of-sample.

For: Hedge funds & quant pods · ETF & index providers

Transparency & verifiability

You don't have to take our word for it.

We deliver the data and a self-contained reproduction script — you re-run our findings in your own asset universe. The integrity of the forward data is documented via SHA-256 in a public ledger. The index algorithm stays proprietary; what is tested is the number series.

How to test it

A low-barrier entry.

Check the concept before you decide anything.

Stage 1

Starter

Sample data and reproduction script. Free of charge — to check the concept in your universe.

Stage 2

History

Archived monthly channel for backtesting across several years, document-backed ex ante.

Stage 3

Forward access

Monthly, pre-registered channel — the ongoing, verifiable track record.

About us

Business Analytik UG

Independent quantitative research on the structure of global markets, with a focus on methodological integrity and reproducibility.

Run the numbers yourself.

Request the data and methodology package — including the reproduction script for your own universe.