Credential · honest fail · 2026-08-08

Netflix, 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
0.75Sharpe
0.41OOS Sharpe
30.0%CAGR
+57,766.6%Net return
82.3%Max drawdown

Netflix, buy-and-hold (Momentum(1), threshold −100000 bps: always long). Net +57,766.56% — refused. Sharpe 0.75 against the 1.20 bar, drawdown 82.33%, 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_nflx_buyhold_20260808.bundle nflx.csv
The record
DatasetUS:NFLX · daily OHLC · licensed commercial library feed, split+div adjusted (6,081 bars)
Minted (UTC)2026-08-08T00:00:00Z
VerdictFAIL — published anyway
Kindhonest_fail
Engine erav11 · both-schools validation-complete
Engine statuslive
Credential hash7eae5669ad44360e
Anchor SHA-2567eae5669ad44360ed8812456d970440b37c0624d28665551d37bd4d1eed9e811
Timestamp (TSA)Aug 8 16:05:28 2026 GMT
Bitcoin / OTSpending confirmation
Data root9d00e7799f0539499e9aa01f3927f8db28487e1e49640ca886027775f3fc9f92
Registry leaf063896f09057d7b4da25b61b443a2ecaaa94f8f66df89b7c807eded7d0e7c513
Leaf index1
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.