Operating vocabulary for event-driven research.
Concise technical references for the evidence structures used inside Sonic Wake.
Catalyst object
A timestamped representation of new information with source provenance, classification, novelty, materiality, directional hypothesis and exposed securities.
World State
The contemporaneous cross-asset and market-regime context attached to a catalyst at the decision boundary.
Ghost outcome
A hypothetical outcome for an alternative or rejected decision retained for counterfactual learning. Ghost results never overwrite the actual decision record.
Forward cohort
A set of forecasts frozen before their outcomes are known and evaluated chronologically as new market data arrives.
Capital velocity
An execution-aware measure relating net return to capital holding time, used to compare opportunity efficiency rather than return alone.