The Silk Risk Dashboard

2026-05-09 13:07 · v1.0
WIDE CONFIDENCE

Market Situation

Interest Rates
short-end anchored by Fed pause while long-end eases modestly on oil-driven disinflation; steepening supports duration-sensitive equities near-term but rising 30d trend (+1.7%) in 10Y suggests term premium building
Financial
AI/semiconductor names at statistical extremes with mean reversion base rate of 77% within 6 days [n=1686]; broad indices strong but increasingly dependent on mega-cap AI concentration
Commodity
bifurcated commodity complex: energy collapsing while metals rally on AI/EV demand and safe-haven flows; PDBC at +2.05σ ALERT UP despite oil drag suggests metals dominance
Currency
broad USD weakness as rate differentials narrow; CNY strengthening at -1.81σ reflects PBoC intervention and improved trade balance; commodity currencies (AUD, NZD, BRL) all firming on metals strength
Crypto
subdued relative to risk-on equity environment; crypto decoupling from tech euphoria suggests institutional rotation into equities over digital assets; no sigma signals active

Commodity Sectors

Metals
REMX +1.85σ/252d, HG +1.84σ/60d, ALB +1.81σ/60d; broad watch-level strength
Energies
No active z-score breakouts; WTI & NG stable with low PDS readings
Ags
Soybeans alert at +2.47σ/30d; Corn & Wheat watch at +1.85σ/252d
Softs
No z-score breakouts; Coffee elevated PDS 0.59 but no directional signal

Commodity Currencies

AUD
z30 +1.26 strengthening, consistent with metals/commodity bid
CAD
z30 +0.65 mild strengthening, energy-linked but muted signal
NZD
No data available; direction indeterminate
BRL
z30 +1.58 strengthening, aligned with ag sector breakout

Crypto

USDT
Flat at $189.6B; minor -$23.5M bleed (-0.01%)
USDC
Heavy -$1.42B outflow (-1.79%); dominant drain
USDS
No change; negligible supply near zero
DAI
+$36.4M inflow (+0.79%); modest demand uptick
USD1
-$49.9M outflow (-1.11%); steady decline

Signals

2 Critical
9 Alert
9 Watch
Click row for details
Asset Class Price Z-Score Window Level Trade
AMD equity $455.19 +4.79σ 252d critical SHORT
NVDA equity $215.20 +3.20σ 252d critical SHORT
IWM equity $284.17 +2.33σ 252d alert LONG
TSM equity $411.68 +2.13σ 252d alert LONG
PDBC equity $18.07 +2.05σ 252d alert LONG
CNY=X equity $6.80 -1.81σ 60d watch SHORT
ALB * equity $203.52 +1.81σ 60d watch LONG
ZS=F commodity $1,203.50 +2.47σ 30d alert LONG
PDBC commodity $18.07 +2.05σ 252d alert LONG
REMX commodity $106.38 +1.85σ 252d watch LONG
ZC=F commodity $470.50 +1.85σ 252d watch LONG
ZW=F commodity $611.25 +1.85σ 252d watch LONG
HG=F commodity $6.18 +1.84σ 60d watch LONG
ALB * commodity $203.52 +1.81σ 60d watch LONG
LINK-USD * crypto $10.42 +2.95σ 60d alert LONG
SOL-USD crypto $93.37 +2.84σ 30d alert LONG
AVAX-USD * crypto $9.99 +2.47σ 30d alert LONG
ADA-USD * crypto $0.27 +2.40σ 30d alert LONG
DOT-USD * crypto $1.35 +1.81σ 30d watch LONG
BTC-USD * crypto $80,857.95 +1.70σ 60d watch LONG

Risk & Metrics

Core (Equity)

Rolling Sharpe
1m 3.29 | 3m -0.32 | 12m n/a
Rolling Volatility
1m 24.3% | 3m 28.2% | 12m n/a
Drawdown
Current -13.7% | Max -26.5%
ENB
6.35 (assets: 19)
Regime Probability
Low-Vol 33% | High-Vol 17% | Trend 49% | Mean-Rev 1%
Current: trend (49%)

Commodities

Rolling Sharpe
1m -0.72 | 3m -0.27 | 12m 1.89
Rolling Volatility
1m 35.2% | 3m 45.9% | 12m 42.3%
Drawdown
Current -22.2% | Max -54.9%
ENB
3.01 (assets: 13)
Regime Probability
Low-Vol 23% | High-Vol 27% | Trend 42% | Mean-Rev 8%
Current: trend (42%)

Crypto

Rolling Sharpe
1m 4.53 | 3m 2.35 | 12m 1.97
Rolling Volatility
1m 45.0% | 3m 59.7% | 12m 74.3%
Drawdown
Current -0.5% | Max -96.1%
ENB
7.49 (assets: 8)
Regime Probability
Low-Vol 40% | High-Vol 10% | Trend 32% | Mean-Rev 18%
Current: low_vol (40%)

Combined

Rolling Sharpe
1m 8.95 | 3m 2.78 | 12m 2.35
Rolling Volatility
1m 29.8% | 3m 29.3% | 12m 50.3%
Drawdown
Current -0.5% | Max -88.4%
ENB
12.92 (assets: 35)
Regime Probability
Low-Vol 36% | High-Vol 14% | Trend 45% | Mean-Rev 5%
Current: trend (45%)

Performance Scorecard

Core Forecast

Backtest (1042d):541/1358, 40% [37%-42%], +374.7%
In Sample (79d):47/101, 47% [37%-56%], +62.0%
Recent (8d):2/8, 25% [7%-59%], -16.7%
Brier Score:0.286 FAIL (threshold: 0.25)

Commodity OOS

Backtest (2089d):3868/8555, 45% [44%-46%], +280.4%
In Sample (70d):75/157, 48% [40%-56%], -1.4%
Recent (6d):10/12, 83% [55%-95%], +13.7%
Brier Score:0.255 FAIL (threshold: 0.25)

Crypto OOS

Backtest (2319d):4997/9123, 55% [54%-56%], +649190.2%
In Sample (53d):65/166, 39% [32%-47%], -4.3%
Recent (3d):3/3, 100% [44%-100%], +12.4%
Brier Score:0.252 FAIL (threshold: 0.25)

Combined

Backtest (2319d):9406/19036, 49% [49%-50%], +311277.0%
In Sample (79d):187/424, 44% [39%-49%], +12.6%
Recent (8d):15/23, 65% [45%-81%], +2.9%
Brier Score:0.256 FAIL (threshold: 0.25)