MétaCan
Menu
Back to cohort
Record W4411497023 · doi:10.1142/s2010139225500053

Persistence-Based Capital Allocation along the FOMC Cycle

2025· article· en· W4411497023 on OpenAlex
Fulvio Ortu, Pietro Reggiani, Federico Severino

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueQuarterly Journal of Finance · 2025
Typearticle
Languageen
FieldMathematics
TopicStochastic processes and statistical mechanics
Canadian institutionsUniversité Laval
Fundersnot available
KeywordsPersistence (discontinuity)Capital allocation lineMonetary economicsEconomicsCapital (architecture)EconometricsMicroeconomicsGeologyGeography

Abstract

fetched live from OpenAlex

The Federal Reserve holds Federal Open Market Committee and Board Meetings, with six- and two-week cadence, respectively. The financial literature associates these meetings with stock market cycles of corresponding frequencies. These can be exploited through a portfolio strategy that invests in the market at alternate weeks. Since this strategy lacks theoretical foundations, we provide a rigorous framework for detecting market cycles and determining optimal portfolios that profit from them. We isolate uncorrelated components of stock returns associated with two- and six-week cycles, we replicate them and design an optimal portfolio that maximizes the investor’s wealth by properly exploiting such cyclicality.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.830
Threshold uncertainty score0.256

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.023
GPT teacher head0.284
Teacher spread0.261 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it