Gate A's long-patience capture: drift, or earned spread?

This site's own explanation of the words above. The verdict itself is published exactly as the research index records it and is not rewritten here.

drift share

The fraction of a result explained by the whole market moving rather than by the strategy doing anything.

DRIFT_SHARE_THRESHOLD

The cutoff, fixed in advance at 0.5, for how much of a result may come from the whole market drifting rather than from the strategy earning it. Above the cutoff the result is not credited.

residual

What is left of a return once the known costs and effects are subtracted. It describes how the quote was priced and is not earned edge, which is why it no longer decides whether a strategy passes.

touch_only

A deliberately generous rule for deciding an order filled: it counts a fill whenever the market price reached the order's price at all. Real fills are a subset of these, so a result measured this way is an upper bound on what could have happened, not an estimate of what did.

bps

Basis points. One basis point is a hundredth of a percent, so 100 bps is 1 percent.

weighted quote

The headline price Hypixel reports, averaged across the orders on one side of the book rather than taken from the best one. It sits wider than the touch, about 1.8 percentage points at the median, so a spread measured against it overstates the real cost of crossing.