{"id":"W2090246512","doi":"10.2139/ssrn.1800212","title":"Value Investing in Credit Markets","year":2011,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Credit Risk and Financial Regulations","field":"Economics, Econometrics and Finance","cited_by":27,"is_retracted":false,"has_abstract":false,"ca_institutions":"Acadian Seaplants (Canada)","funders":"","keywords":"iTraxx; Credit default swap index; Equity (law); Credit valuation adjustment; Credit risk; Credit default swap; Corporate bond; Credit rating; Economics; Bond market; Business; Financial economics; Econometrics; Monetary economics; Credit reference; Actuarial science; Bond; Finance","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001972555,0.0001127534,0.0002216174,0.0003186952,0.0001330612,0.00003051919,0.0002270522,0.00008807293,0.0001416611],"category_scores_gemma":[0.0002494896,0.0001307433,0.00009528641,0.0003020584,0.00004006951,0.0002610665,0.00003137284,0.001017127,0.0001559005],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0005724223,"about_ca_system_score_gemma":0.0003734285,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0005897288,"about_ca_topic_score_gemma":0.001016314,"domain_scores_codex":[0.9978337,0.00001892944,0.0005347344,0.0002049992,0.00003810797,0.001369577],"domain_scores_gemma":[0.9994696,0.00002594811,0.0002619468,0.0001504469,0.00002118339,0.00007084664],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.00001462074,0.00004021286,0.1905658,0.000001500559,0.00001483867,0.000003706613,0.0003227674,0.00001097256,0.00000300197,0.8049762,0.00007438712,0.003971936],"study_design_scores_gemma":[0.000317412,0.00005752278,0.3189158,0.000008703548,0.00000246228,0.00006414176,0.0001736219,0.0003217723,0.000005833631,0.676066,0.003943047,0.0001237275],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9184299,0.004567288,0.01103629,0.0002509562,0.0006173375,0.000102335,0.000008308654,0.00002607364,0.06496157],"genre_scores_gemma":[0.9959241,0.001791073,0.0005766272,0.00002489273,0.0003644406,0.000005477448,0.000002150564,0.00002049682,0.001290745],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.1289103,"threshold_uncertainty_score":0.5331555,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.03129205719907845,"score_gpt":0.2079229463173408,"score_spread":0.1766308891182624,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}