Books: the portfolios the intelligence runs
A Book is a living, parameterised portfolio in which Opulence Alpha's research, forecasts, validation, allocation and measurement operate every trading day. Its policy is declared in full, so every position traces back to a parameter, and every outcome is measured against a benchmark.
Our books against the market
Growth, Moderate and Conservative are the platform's model portfolios, run every trading day and net of modelled trading costs; GT — Equal is gross of costs. S&P 500 and Nasdaq 100 are price return (SPY, QQQ). Past results do not guarantee future results. Not investment advice.
The three model portfolios
The platform runs one Book for each risk profile the sign-up questionnaire can assign. All three use the same forecasts and the same construction; they differ in how much risk each may take.
How the three model portfolios are built
Sized by conviction
A position grows with the strength of the model's forecast, and each position's uncertainty comes from its own forecast interval, so a wide interval shrinks its own bet.
Three horizons, blended
The 5-, 21- and 63-trading-day forecasts are weighted equally into one ranking.
Costs charged on every fill
Each stock's own bid-ask spread, estimated from its daily prices and capped at 60 basis points, a 0.5-basis-point commission, and a market-impact charge on orders large enough to move the price.
Risk that can only tighten
Tiered drawdown circuit breakers, bounds on gross and net exposure, and a regime overlay that can reduce risk but never add it.
How a Book is governed
The Promotion Gate
A strategy is validated before any Book may express it, and a check that could not run counts as a failure.
The Promotion Gate →The risk budget
Every change is checked against the Book's risk budget, set in CVaR, before it is taken; a block never stops a reduction.
How the Books manage risk →Measured every trading day
Each Book's value is published every trading day beside the S&P 500 and Nasdaq 100; the Refutation Ledger keeps the weekly Golden Ticket benchmark it is compared with.
The Refutation Ledger →Build your own Book
An account starts from a risk profile or a template and runs its own Book under a declared policy, measured the same way.
Opulence Alpha is non-custodial research software. Nothing here is investment advice.