Concept graph
Market concepts, defined and connected.
Definitions are the durable layer. Dated observations, datasets, tools and evidence attach to them without becoming the definition. Every relationship states what the connection means, so this can grow from a reference shelf into a machine-readable map of market state.
A–Z directory
8 of 8 concepts
Backwardation
A futures or forward curve in which nearer-dated contracts cost more than later-dated contracts.
Breadth Thrust
A rapid, unusually broad expansion in market participation after weakness or a washout.
Max Pain
The strike price at which the total payout of all outstanding options expiring on a date would be smallest — where option buyers collectively lose the most.
Mean Reversion
The tendency of a stretched reading to move back toward its own historical average — a property to be tested per series and horizon, never assumed.