{
  "schema_version": "1.1",
  "portfolio_code": "myinvestpilot_cn_global",
  "strategy_type": "standard",
  "as_of_date": "2026-09-05",
  "generated_at": "2026-09-05T00:05:35Z",
  "reporting_session": "2026-09-04",
  "data_freshness": {
    "latest_session": "2026-09-04",
    "calendar_days_behind": 1,
    "stale": false,
    "available": true
  },
  "provenance": {
    "source": "rule_engine",
    "schema_version": "1.1",
    "engine_ref": "24cc8a155fa87700eca8077aeb27e4be10578e89",
    "config_ref": "sha256:5b28e8aad9d8b8384bc8dba060566d4925cbc92ac833788f638f6e40a37ae2f9",
    "data_ref": "reporting_session:2026-09-04",
    "baseline_schema_version": "1.1",
    "baseline_ref": "prior_completed_episodes<2025-10-30",
    "version_mismatches": []
  },
  "headline": {
    "has_important_change": false,
    "label_zh": "最新交易日无重要变化",
    "label_en": "No significant changes in the latest session"
  },
  "current_state": {
    "position_state": "mostly_cash",
    "status": "mostly_cash",
    "invested_pct": 19.3,
    "cash_pct": 80.7,
    "estimated_invested_pct": 19.3,
    "valuation_basis": "position_value",
    "active_positions": 1,
    "total_symbols": 14,
    "status_label_zh": "大部分现金",
    "status_label_en": "Mostly cash"
  },
  "change_summary": {
    "actions": {},
    "causes": {},
    "cause_labels_zh": [],
    "cause_labels_en": []
  },
  "risk_context": {
    "current_drawdown_pct": -10.6,
    "max_drawdown_pct": -14.83,
    "drawdown_relative_level": "elevated",
    "drawdown_vs_prior_max_ratio": 0.7148,
    "prior_max_drawdown_pct": -14.83,
    "prior_baseline_sample_end": "2025-10-30",
    "drawdown_percentile": 0.013,
    "baseline_ref": "prior_completed_episodes<2025-10-30",
    "drawdown_vs_max_ratio": 0.7148,
    "drawdown_level": "significant",
    "net_value": 1.8097,
    "daily_change_pct": -0.18,
    "drawdown_abs_level": "significant"
  },
  "normality_assessment": {
    "assessment": "normal",
    "reason_codes": [],
    "confidence": "high",
    "source": "rule_engine",
    "traffic_light": "yellow",
    "label_zh": "历史上约 1% 的交易日回撤与当前相当或更深；历史上 2 次同等或更深的回撤中有 1 次已恢复",
    "label_en": "About 1% of historical sessions were at this drawdown or deeper; 1 of 2 comparable episodes have recovered",
    "action_zh": "当前状态符合该策略已知的运行范围。",
    "action_en": "Current state is inside this strategy's known operating range."
  },
  "continuity": {
    "traded_today": false,
    "label_zh": "最新交易日无交易",
    "label_en": "No trades in the latest session"
  },
  "strategy_expectancy": {
    "win_rate": 0.4238,
    "required_win_rate": 0.3201,
    "expectancy_margin": 0.1037,
    "sample_count": 361,
    "confidence": "high",
    "scope": "full_backtest",
    "note_zh": "该指标衡量策略在完整回测期的交易期望余量，不表示当前回撤离危险区的距离，也不参与状态灯判定。",
    "note_en": "Historical expectancy margin over the full backtest. It is not a measure of how close the current drawdown is to danger, and it does not drive the status light."
  },
  "win_rate_context": {
    "required_win_rate": 0.3201,
    "recent_win_rate": 0.4238,
    "safety_margin": 0.1037,
    "confidence_level": "high",
    "sample_count": 361
  }
}