Vol. I · Downside-Risk Intelligence · Est. 2026

Backtest-validated screens for concentrated public-equity books.

A per-target Stress-Test Deck built from SEC filings, counterparty mapping, and a scoring pipeline whose detection track record is disclosed on the cover page — not asserted in marketing.

Every claim in every deck links to a primary source. The full pipeline is open source, Apache-2.0. Audit the repository.

Detection Timing

Frozen backtests

SVB 2023 · Wirecard 2020 · FTX 2022

Event Recall Median lead FP
SVB 2023 5 / 5 2.34 d 0
Wirecard 2020 1 / 1 6.60 d 0
FTX 2022 3 / 3 7.12 d 0
Aggregate 9 / 9 2.48 d 0 / 3

Three frozen historical windows. Real primary-source news from the GDELT archive. Measured on information available at the time only.

Built for search funds, small family offices, litigation-finance analysts, small credit shops, and single-name activists underwriting concrete downside exposure.

§ I · Methodology

How a Stress-Test Deck is built

I

Ingest

SEC EDGAR filings (8-K, 10-Q, 10-K) and primary-source news from a curated whitelist of financial wires are pulled for the target and its declared counterparties — suppliers, customers, funding sources, regulators.

edgar_adapter.py · gdelt_adapter.py

II

Map & score

A conservative entity-mapping pipeline links each observation to the right name with word-boundary matching and an acronym stoplist. A deterministic 7-factor risk-scoring formula grades every signal. No LLM decides severity.

entity_mapping/service.py · scoring/service.py

III

Deliver

You receive a structured 8–12 page PDF: target & counterparty dependency map, 90-day evidence timeline with primary-source URLs, invalidation markers, and the historical detection track record on structurally comparable names.

target_stress_test.py · templates/pdf/

§ II · The working paper

Detection-Timing Backtest of a Systematic Downside-Risk Screen Across Three Modern Financial Crises

We replay a systematic entity-mapping and severity-scoring pipeline against real primary-source news headlines from three widely-studied financial crises and report per-name detection timing, mapping precision, and false-positive control behavior.

“Across the three frozen historical windows (161 real news observations sourced from GDELT DOC 2.0), the pipeline flagged 9 of 9 affected names at ‘elevated’ or ‘high’ severity before the realized event date, with a median lead time of 2.5 days and zero false positives on the three unrelated control names.”

§ III · Track record

Tested against history, not hindsight.

Detection is validated on frozen historical windows — the pipeline sees only the information that existed at the time. Three crises, each replayed against real primary-source news from the GDELT archive:

9/ 9
Affected names detected at elevated severity across SVB, Wirecard, and FTX
2.5days
Median lead time across the 9 flagged names before the realized event
0
False positives on the three control names (MSFT × 2, DTE)
Event Failure mode Obs. Recall Median lead FP on control
SVB 2023
Regional-bank contagion, Mar 6–12
Deposit run 98 5 / 5 2.34 days 0
Wirecard 2020
Accounting fraud + insolvency, Jun 15–30
Idiosyncratic fraud 14 1 / 1 6.60 days 0
FTX 2022
Crypto counterparty contagion, Nov 2–14
Counterparty risk 49 3 / 3 7.12 days 0
Aggregate 161 9 / 9 2.48 days 0 / 3

Early-detection and prioritization evidence on a historical dataset. Not a return forecast. Not a guarantee of future results. Full methodology, watchlists, ground-truth files, and pinned tests are published in the open repository.

§ IV · The deliverable

An 8–12 page deck. Per target. Every claim linked.

Each Stress-Test Deck is a self-contained PDF built by the same pipeline the working paper documents. Human-reviewed before delivery.

  • ICover · target, window, engagement date
  • IIExecutive summary · mechanical + analyst thesis
  • IIIDependency map · target & declared counterparties
  • IVKey metrics · observations, flags, peak severity
  • VTop evidence · primary-source URLs
  • VITimeline · chronology of shippable flags
  • VIIInvalidation markers · what would falsify the thesis
  • VIIIDetection track record · on comparable events

§ V · Engagement structure

How to work with us

Tier 01

Single-target memo

$500–$1,500

  • One public-equity target, 90-day window
  • 8-page PDF, primary-source URLs
  • Delivered in 5 business days
  • 30-minute readout call included

Tier 03

Retainer

$2,500/mo

  • Up to three names in a concentrated book
  • Weekly deck refresh
  • Alerts on new elevated flags
  • Month-to-month, cancel anytime

All engagements: pay first, deliver on the committed timeline. Stripe Invoicing or bank transfer.

License Apache-2.0
Pinned tests 75 passing
Working paper docs / working_paper