Forward-quarter excess return (vs SPY) of the top 50 tickers by
buysell_score, for three fund-weighting arms over the SAME fund population each period
· QF_SKILL_WEIGHT=0.0
· Last refreshed never -- use the Dashboard's Backtest Refresh button
What this answers
qf is today's production fund-quality weighting. equal weights every
in-universe fund 1.0 -- the null hypothesis: does Q_f-weighting the flow signal add
anything over just averaging every in-universe manager equally? qf+skill is
qf's formula plus a skill-hit-rate term, gated off by default
(QF_SKILL_WEIGHT=0, in which case it's identical to qf by construction --
set that env var and re-run Backtest Refresh to actually test a nonzero value).
Report this plainly: if equal beats qf, that is the finding, not a bug
to chase, and QF_SKILL_WEIGHT should stay at 0 until an arm clearly and repeatably wins.
Pooled across all 0 periods
No backtest results yet -- click "Refresh Backtest" on the Dashboard.