{ "signal": "certvas-issuer-persistence-v1", "name": "Certvas Issuer Reporting-Persistence Signal", "version": "v1", "sku": "AF-FUND", "label": "Published for research and informational use. Not administered as, and not for use as, a regulated benchmark.", "grain": "issuer", "point_in_time": "Spans are measured over reported period_end; first/latest_observed_at are the earliest and latest vintages the issuer was seen at. No look-ahead: every value is derived from records already in the archive.", "snapshot_hash": "d83a8c18d27eec65", "caveats": [ "This measures persistence of REPORTING IN THE CERTVAS ARCHIVE, which is a lower bound on issuer longevity and not a measurement of it. A short history may mean a young issuer or late-started coverage; the two are indistinguishable from inside the data.", "lindy_expected_additional_years is numerically equal to years_reported by construction. It is a mechanical restatement of observed age under the Lindy heuristic, published so the assumption is visible. It is NOT a forecast, and Certvas does not assert that issuer lifetimes are Lindy-distributed.", "No market capitalisation, adoption or subjective risk term is included. Certvas holds no market-data licence, and weighting real data by asserted constants would present a guess as a computation. No projected future values are published.", "Annual (FY) periods only. An issuer with fewer than 2 distinct annual periods is EXCLUDED rather than scored low, because its span is unmeasured rather than short.", "continuity_ratio = distinct reported years / (calendar years spanned). It falls below 1.0 when a year inside the span is missing, which may be a genuine reporting gap or a Certvas coverage gap \u2014 the signal cannot tell you which." ], "observations": [ { "dataco_id": "DC42CB1D529288D1B0F05EFE0C", "first_period_end": "2015-03-31", "latest_period_end": "2024-03-31", "years_reported": 9.002, "n_annual_periods": 3, "n_facts": 47, "continuity_ratio": 0.3, "max_gap_years": 6, "lindy_expected_additional_years": 9.002, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-27" }, { "dataco_id": "DC6A4848A3C67EFA356D9772FB", "first_period_end": "2015-06-30", "latest_period_end": "2023-06-30", "years_reported": 8.0, "n_annual_periods": 4, "n_facts": 56, "continuity_ratio": 0.4444, "max_gap_years": 5, "lindy_expected_additional_years": 8.0, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-27" }, { "dataco_id": "DC17ACF450A593947F494063C3", "first_period_end": "2017-03-31", "latest_period_end": "2024-03-31", "years_reported": 7.001, "n_annual_periods": 7, "n_facts": 128, "continuity_ratio": 0.875, "max_gap_years": 1, "lindy_expected_additional_years": 7.001, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC323916F715E5B981CA202529", "first_period_end": "2015-09-30", "latest_period_end": "2022-09-30", "years_reported": 7.001, "n_annual_periods": 5, "n_facts": 88, "continuity_ratio": 0.625, "max_gap_years": 2, "lindy_expected_additional_years": 7.001, "first_observed_at": "2026-08-21", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC33F1B309A6DE174EA129D72F", "first_period_end": "2015-12-31", "latest_period_end": "2022-12-31", "years_reported": 7.001, "n_annual_periods": 4, "n_facts": 70, "continuity_ratio": 0.5, "max_gap_years": 4, "lindy_expected_additional_years": 7.001, "first_observed_at": "2026-08-12", "latest_observed_at": "2026-08-27" }, { "dataco_id": "DC8C2D032787CEE5D400A90CF0", "first_period_end": "2018-12-31", "latest_period_end": "2025-12-31", "years_reported": 7.001, "n_annual_periods": 8, "n_facts": 88, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 7.001, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-27" }, { "dataco_id": "DC3D72AEE893F8A8A983BD3273", "first_period_end": "2018-12-31", "latest_period_end": "2024-12-31", "years_reported": 6.001, "n_annual_periods": 6, "n_facts": 68, "continuity_ratio": 0.8571, "max_gap_years": 1, "lindy_expected_additional_years": 6.001, "first_observed_at": "2026-08-21", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC36E3F9C8C9C29DE74B389211", "first_period_end": "2017-03-31", "latest_period_end": "2022-03-31", "years_reported": 4.999, "n_annual_periods": 3, "n_facts": 15, "continuity_ratio": 0.5, "max_gap_years": 3, "lindy_expected_additional_years": 4.999, "first_observed_at": "2026-08-21", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC497EAF35D77C2A0BEC11770B", "first_period_end": "2017-06-30", "latest_period_end": "2022-06-30", "years_reported": 4.999, "n_annual_periods": 5, "n_facts": 99, "continuity_ratio": 0.8333, "max_gap_years": 1, "lindy_expected_additional_years": 4.999, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-31" }, { "dataco_id": "DCE7A761F93ED85241FC4B9500", "first_period_end": "2018-12-31", "latest_period_end": "2023-12-31", "years_reported": 4.999, "n_annual_periods": 5, "n_facts": 53, "continuity_ratio": 0.8333, "max_gap_years": 1, "lindy_expected_additional_years": 4.999, "first_observed_at": "2026-08-21", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC0288E6A1E304761863C05D43", "first_period_end": "2017-12-31", "latest_period_end": "2021-12-31", "years_reported": 4.0, "n_annual_periods": 3, "n_facts": 39, "continuity_ratio": 0.6, "max_gap_years": 1, "lindy_expected_additional_years": 4.0, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-31" }, { "dataco_id": "DC52EBEFBE0FEFEDB9FB76EF1D", "first_period_end": "2021-12-31", "latest_period_end": "2025-12-31", "years_reported": 4.0, "n_annual_periods": 4, "n_facts": 66, "continuity_ratio": 0.8, "max_gap_years": 1, "lindy_expected_additional_years": 4.0, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-21" }, { "dataco_id": "DCA2132D71BC291E127CB6E16C", "first_period_end": "2021-12-31", "latest_period_end": "2025-12-31", "years_reported": 4.0, "n_annual_periods": 4, "n_facts": 54, "continuity_ratio": 0.8, "max_gap_years": 1, "lindy_expected_additional_years": 4.0, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-21" }, { "dataco_id": "DC4EBD9B70D8C557E37283E1A0", "first_period_end": "2022-12-31", "latest_period_end": "2025-12-31", "years_reported": 3.001, "n_annual_periods": 3, "n_facts": 51, "continuity_ratio": 0.75, "max_gap_years": 1, "lindy_expected_additional_years": 3.001, "first_observed_at": "2026-08-29", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DCAAE9EEEA7D00AA27CB62D62A", "first_period_end": "2021-12-31", "latest_period_end": "2024-12-31", "years_reported": 3.001, "n_annual_periods": 3, "n_facts": 38, "continuity_ratio": 0.75, "max_gap_years": 1, "lindy_expected_additional_years": 3.001, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-24" }, { "dataco_id": "DCBE1BDD52648D34EA7801AEDD", "first_period_end": "2019-12-31", "latest_period_end": "2022-12-31", "years_reported": 3.001, "n_annual_periods": 4, "n_facts": 63, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 3.001, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-31" }, { "dataco_id": "DC85E304EEC43446480D075F1B", "first_period_end": "2020-09-30", "latest_period_end": "2023-09-30", "years_reported": 2.998, "n_annual_periods": 4, "n_facts": 72, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.998, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-31" }, { "dataco_id": "DC4D39BDF1A9471A472810CB32", "first_period_end": "2022-06-26", "latest_period_end": "2024-06-30", "years_reported": 2.012, "n_annual_periods": 3, "n_facts": 60, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.012, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-09-07" }, { "dataco_id": "DC38488D278042AC0DEE8D1943", "first_period_end": "2022-12-31", "latest_period_end": "2024-12-31", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 24, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC3D0E9C05ADDA83F85854C811", "first_period_end": "2022-12-31", "latest_period_end": "2024-12-31", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 42, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-17", "latest_observed_at": "2026-08-17" }, { "dataco_id": "DC49ADC08E5A4CC137DEE09339", "first_period_end": "2022-12-31", "latest_period_end": "2024-12-31", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 52, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-29", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC5D8EA889A4D6761CB2306AD0", "first_period_end": "2022-12-31", "latest_period_end": "2024-12-31", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 47, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-11" }, { "dataco_id": "DC9F91ADCDBCD71D1378EE138B", "first_period_end": "2023-12-31", "latest_period_end": "2025-12-31", "years_reported": 2.001, "n_annual_periods": 2, "n_facts": 10, "continuity_ratio": 0.6667, "max_gap_years": 1, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-21" }, { "dataco_id": "DCB5B48228C2381F40B43DB0FA", "first_period_end": "2019-06-30", "latest_period_end": "2021-06-30", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 42, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DCB82F7E609159AA278E6C77B2", "first_period_end": "2023-12-31", "latest_period_end": "2025-12-31", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 62, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DCEA8302B520E2FCA85CE27433", "first_period_end": "2022-06-30", "latest_period_end": "2024-06-30", "years_reported": 2.001, "n_annual_periods": 3, "n_facts": 26, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 2.001, "first_observed_at": "2026-08-09", "latest_observed_at": "2026-09-07" }, { "dataco_id": "DC7A69D11A6F9015B4AFC7C1FA", "first_period_end": "2021-12-31", "latest_period_end": "2023-12-31", "years_reported": 1.999, "n_annual_periods": 3, "n_facts": 22, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.999, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-11" }, { "dataco_id": "DC929EBD555C74F39E6676C45E", "first_period_end": "2020-12-31", "latest_period_end": "2022-12-31", "years_reported": 1.999, "n_annual_periods": 3, "n_facts": 52, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.999, "first_observed_at": "2026-08-21", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DCB8C420B1D726452279AD1311", "first_period_end": "2022-07-03", "latest_period_end": "2024-06-30", "years_reported": 1.993, "n_annual_periods": 3, "n_facts": 56, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.993, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-09-07" }, { "dataco_id": "DC08563C88DD732DF9E19B46DB", "first_period_end": "2023-12-31", "latest_period_end": "2024-12-31", "years_reported": 1.002, "n_annual_periods": 2, "n_facts": 22, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.002, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DC94F8F62BEB312F978DB764FD", "first_period_end": "2023-12-31", "latest_period_end": "2024-12-31", "years_reported": 1.002, "n_annual_periods": 2, "n_facts": 16, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.002, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-29" }, { "dataco_id": "DCCA043CFB2D35E9376573433E", "first_period_end": "2023-08-31", "latest_period_end": "2024-08-31", "years_reported": 1.002, "n_annual_periods": 2, "n_facts": 32, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.002, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-10" }, { "dataco_id": "DCD18A38D868ABFD398DF33D1E", "first_period_end": "2023-03-31", "latest_period_end": "2024-03-31", "years_reported": 1.002, "n_annual_periods": 2, "n_facts": 32, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 1.002, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-10" }, { "dataco_id": "DC012DF342F75567AB0B3A2705", "first_period_end": "2022-12-31", "latest_period_end": "2023-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 18, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-11", "latest_observed_at": "2026-08-11" }, { "dataco_id": "DC0F5DE1F117EC1F90C55EFE32", "first_period_end": "2025-03-31", "latest_period_end": "2026-03-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 38, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-09-01", "latest_observed_at": "2026-09-02" }, { "dataco_id": "DC13E4DE6F7A548635DE11EDEA", "first_period_end": "2022-06-30", "latest_period_end": "2023-06-30", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 37, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-24", "latest_observed_at": "2026-08-24" }, { "dataco_id": "DC299B21D42C3D4CAF5296CE84", "first_period_end": "2024-12-31", "latest_period_end": "2025-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 40, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-09-07", "latest_observed_at": "2026-09-07" }, { "dataco_id": "DC349F3136F7C172C2D837DECC", "first_period_end": "2025-03-31", "latest_period_end": "2026-03-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 39, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-09-01", "latest_observed_at": "2026-09-04" }, { "dataco_id": "DC4E58111491A34CFD8FF62E8A", "first_period_end": "2025-04-30", "latest_period_end": "2026-04-30", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 35, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-09-01", "latest_observed_at": "2026-09-03" }, { "dataco_id": "DC5E8F0792D6FA0FDDCE106908", "first_period_end": "2022-12-31", "latest_period_end": "2023-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 16, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-17", "latest_observed_at": "2026-08-17" }, { "dataco_id": "DC79037955B9F6CFF464A2478A", "first_period_end": "2022-12-31", "latest_period_end": "2023-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 20, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-09", "latest_observed_at": "2026-08-10" }, { "dataco_id": "DC7EB546BBB970452CD1B436C9", "first_period_end": "2022-12-31", "latest_period_end": "2023-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 26, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-09-07" }, { "dataco_id": "DCF8C759715CAC3D31F2BD8B0A", "first_period_end": "2022-12-31", "latest_period_end": "2023-12-31", "years_reported": 0.999, "n_annual_periods": 2, "n_facts": 26, "continuity_ratio": 1.0, "max_gap_years": 0, "lindy_expected_additional_years": 0.999, "first_observed_at": "2026-08-10", "latest_observed_at": "2026-08-10" } ] }