{"id":"https://openalex.org/W7225085500","doi":"https://doi.org/10.3905/snp.2026.jpm.068","title":"Snapshots of Adaptive Macro Regimes for Dynamic Equity Allocation","display_name":"Snapshots of Adaptive Macro Regimes for Dynamic Equity Allocation","publication_year":2026,"publication_date":"2026-11-02","ids":{"openalex":"https://openalex.org/W7225085500","doi":"https://doi.org/10.3905/snp.2026.jpm.068"},"language":"en","primary_location":{"id":"doi:10.3905/snp.2026.jpm.068","doi":"https://doi.org/10.3905/snp.2026.jpm.068","is_oa":false,"landing_page_url":"https://doi.org/10.3905/snp.2026.jpm.068","pdf_url":null,"source":{"id":"https://openalex.org/S4210201964","display_name":"Practical Applications","issn_l":"2329-0196","issn":["2329-0196","2329-020X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Practical Applications","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5160355543","display_name":"Derived from original PMR research written by Jim Masturzo, Omid Shakernia, and Alex Pickard using AI and an editor","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Derived from original PMR research written by Jim Masturzo, Omid Shakernia, and Alex Pickard using AI and an editor","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5160355543"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.87780951,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"snp.2026.jpm.068","last_page":"snp.2026.jpm.068"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9771000146865845,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9771000146865845,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.010400000028312206,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/macroeconomic-indicators","display_name":"macroeconomic indicators","score":0.6650000214576721},{"id":"https://openalex.org/keywords/equity-exposure","display_name":"equity exposure","score":0.5339999794960022},{"id":"https://openalex.org/keywords/time-series-momentum","display_name":"time-series momentum","score":0.828000009059906},{"id":"https://openalex.org/keywords/drawdown-reduction","display_name":"drawdown reduction","score":0.8479999899864197}],"concepts":[{"id":"https://openalex.org/C166955791","wikidata":"https://www.wikidata.org/wiki/Q629579","display_name":"Macro","level":2,"score":0.6804999709129333},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6171000003814697},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5986999869346619},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.483599990606308},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4489000141620636},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.44859999418258667},{"id":"https://openalex.org/C2776719154","wikidata":"https://www.wikidata.org/wiki/Q1094965","display_name":"Downside risk","level":3,"score":0.3806000053882599},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.37959998846054077},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.31679999828338623},{"id":"https://openalex.org/C2780695930","wikidata":"https://www.wikidata.org/wiki/Q5318971","display_name":"Dynamic efficiency","level":2,"score":0.3102000057697296},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.30660000443458557},{"id":"https://openalex.org/C3017399102","wikidata":"https://www.wikidata.org/wiki/Q397254","display_name":"Macro level","level":2,"score":0.2989000082015991},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.2944999933242798},{"id":"https://openalex.org/C55282118","wikidata":"https://www.wikidata.org/wiki/Q252683","display_name":"Snapshot (computer storage)","level":2,"score":0.29089999198913574},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.28839999437332153},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.28450000286102295},{"id":"https://openalex.org/C37404715","wikidata":"https://www.wikidata.org/wiki/Q380679","display_name":"Dynamic programming","level":2,"score":0.2759000062942505},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.2743000090122223},{"id":"https://openalex.org/C139819358","wikidata":"https://www.wikidata.org/wiki/Q462748","display_name":"Asset allocation","level":3,"score":0.272599995136261},{"id":"https://openalex.org/C18762648","wikidata":"https://www.wikidata.org/wiki/Q42213","display_name":"Work (physics)","level":2,"score":0.26420000195503235},{"id":"https://openalex.org/C46686674","wikidata":"https://www.wikidata.org/wiki/Q466303","display_name":"Boosting (machine learning)","level":2,"score":0.2556999921798706},{"id":"https://openalex.org/C2988666273","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Investment analysis","level":3,"score":0.2524000108242035}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.3905/snp.2026.jpm.068","doi":"https://doi.org/10.3905/snp.2026.jpm.068","is_oa":false,"landing_page_url":"https://doi.org/10.3905/snp.2026.jpm.068","pdf_url":null,"source":{"id":"https://openalex.org/S4210201964","display_name":"Practical Applications","issn_l":"2329-0196","issn":["2329-0196","2329-020X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Practical Applications","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W7208804707","https://openalex.org/W4308946010","https://openalex.org/W7102799485","https://openalex.org/W2788889979","https://openalex.org/W2789045457","https://openalex.org/W1935252868","https://openalex.org/W7225129635","https://openalex.org/W4390698506","https://openalex.org/W2695435208","https://openalex.org/W2594258513"],"abstract_inverted_index":{"Quickly":[0],"apply":[1],"original,":[2],"key":[3],"PMR-published":[4],"papers":[5],"with":[6],"Snapshots\u2014a":[7],"short":[8],"article":[9,35],"companion":[10],"that":[11,41,46],"distills":[12],"PMR":[13],"research":[14,39],"into":[15],"compressed,":[16],"digestible":[17],"takeaways,":[18],"so":[19],"you":[20],"can":[21],"put":[22],"the":[23,60],"paper\u2019s":[24],"core":[25],"ideas":[26],"to":[27],"work":[28],"in":[29,59],"your":[30],"investment":[31],"process\u2014fast.":[32],"This":[33],"Snapshot":[34],"is":[36],"based":[37],"on":[38],"arguing":[40],"an":[42],"adaptive":[43],"macro-regime":[44],"signal":[45],"reweights":[47],"indicators":[48],"by":[49],"recent":[50],"predictive":[51],"efficacy":[52],"supports":[53],"a":[54],"dynamic":[55],"allocation":[56],"strategy":[57],"that,":[58],"authors\u2019":[61],"backtest,":[62],"outperforms":[63],"static":[64],"equity":[65],"exposure":[66],"and":[67,74],"time-series":[68],"momentum":[69],"while":[70],"reducing":[71],"downside":[72],"volatility":[73],"maximum":[75],"drawdown.":[76]},"counts_by_year":[],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2026-11-03T00:00:00"}