Credential · honest fail · 2026-08-08

Amazon, buy-and-hold

FAIL — published anyway

A track record judged by the MIZAN gate inside a zero-knowledge proof: returns after costs, the out-of-sample split and the overfitting corrections recomputed in-circuit, the strategy never revealed. Anyone can verify this credential offline. Every verdict on the registry is published, including this one.

Disclosed metrics
0.70Sharpe
0.64OOS Sharpe
27.0%CAGR
+93,389.2%Net return
94.8%Max drawdown

Amazon, buy-and-hold (Momentum(1), threshold −100000 bps: always long). Net +93,389.17% — refused. Sharpe 0.7 against the 1.20 bar, drawdown 94.84%, 1 trades, independence 0%. The dataset is a licensed commercial feed and is not redistributed; the canonical Merkle root is published above so any holder of the same data re-derives it and verifies offline.

Verify it yourself

Download the bundle, run the verifier with the network off. The verdict recomputes on your machine in about 81 ms.

./mizan-verifier-v11-macos-arm64 legend_amzn_buyhold_20260808.bundle amzn.csv
The record
DatasetUS:AMZN · daily OHLC · licensed commercial library feed, split+div adjusted (7,184 bars)
Minted (UTC)2026-08-08T00:00:00Z
VerdictFAIL — published anyway
Kindhonest_fail
Engine erav11 · both-schools validation-complete
Engine statuslive
Credential hash31fe330cbf75c715
Anchor SHA-25631fe330cbf75c71552d6095eb9dccad5d4880692c366bfb1cecc17672e7225df
Timestamp (TSA)Aug 8 16:04:34 2026 GMT
Bitcoin / OTSpending confirmation
Data root8fc21c3d47deaa9e765d7992c2ddf8f6068f7240eb61609961e542f8978b62f1
Registry leafeef4bcc6385768c91af3ca8738b36bac721b6b9be24cc44a4d0d8e9c65261e65
Leaf index75
Registry rootf878bf4d24bda7d7e90d09c9345418b9c77ec4ac866df57ac76eff8ee44c5f26
Proof size220 KB
IssuerMIZAN

What a verdict means: what a PASS asserts · what we refuse to certify · reading a verdict · the VTR-1 standard.