{"id":"H000601","trades":[{"date":"2021-01-08","filed":"2021-02-19","ticker":"LMND","issuer":"Lemonade, Inc.","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Financials","late":false,"trade_id":"S823ec2b1-9e0c-4b13-bf35-81722c1a083c-003","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/823ec2b1-9e0c-4b13-bf35-81722c1a083c/","in_jurisdiction":true,"car_5":null},{"date":"2021-01-08","filed":"2021-02-19","ticker":"VRM","issuer":"Vroom, Inc.","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"self","sector":"Consumer Discretionary","late":false,"trade_id":"S823ec2b1-9e0c-4b13-bf35-81722c1a083c-005","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/823ec2b1-9e0c-4b13-bf35-81722c1a083c/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-11","filed":"2021-02-24","ticker":null,"issuer":"HC 17th and Grand Partners, LP Company: HC 17th and Grand Partners, LP  (Wilmington, DE) Description:  Limited Partnership for the purpose of acquiring, developing and selling commercial real estate","asset_type":"other","direction":"buy","amount":[50001,100000],"owner":"dependent","sector":null,"late":false,"trade_id":"S331fc417-1f96-4a2e-a164-b15fc2493281-001","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/331fc417-1f96-4a2e-a164-b15fc2493281/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-11","filed":"2021-02-24","ticker":null,"issuer":"HC 17th and Grand Partners, LP Company: HC 17th and Grand Partners, LP  (Wilmington, DE) Description:  Limited Partnership for the purpose of acquiring, developing and selling commercial real estate","asset_type":"other","direction":"buy","amount":[50001,100000],"owner":"dependent","sector":null,"late":false,"trade_id":"S331fc417-1f96-4a2e-a164-b15fc2493281-002","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/331fc417-1f96-4a2e-a164-b15fc2493281/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-11","filed":"2021-02-24","ticker":null,"issuer":"HC 17th and Grand Partners, LP Company: HC 17th and Grand Partners, LP  (Wilmington, DE) Description:  Limited Partnership for the purpose of acquiring, developing and selling commercial real estate","asset_type":"other","direction":"buy","amount":[50001,100000],"owner":"dependent","sector":null,"late":false,"trade_id":"S331fc417-1f96-4a2e-a164-b15fc2493281-003","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/331fc417-1f96-4a2e-a164-b15fc2493281/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-11","filed":"2021-02-24","ticker":null,"issuer":"HC 17th and Grand Partners, LP Company: HC 17th and Grand Partners, LP  (Wilmington, DE) Description:  Limited Partnership for purpose of acquiring, developing and selling commercial real estate","asset_type":"other","direction":"buy","amount":[50001,100000],"owner":"dependent","sector":null,"late":false,"trade_id":"S331fc417-1f96-4a2e-a164-b15fc2493281-004","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/331fc417-1f96-4a2e-a164-b15fc2493281/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-11","filed":"2021-02-24","ticker":null,"issuer":"HC 17th and Grand Partners, LP Company: HC 17th and Grand Partners, LP  (Wilmington, DE) Description:  Limited Partnership for purpose of acquiring, developing and selling commercial real estate","asset_type":"other","direction":"buy","amount":[250001,500000],"owner":"self","sector":null,"late":false,"trade_id":"S331fc417-1f96-4a2e-a164-b15fc2493281-005","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/331fc417-1f96-4a2e-a164-b15fc2493281/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-19","filed":"2021-02-19","ticker":null,"issuer":"Editas Medicine, Inc.","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"self","sector":null,"late":false,"trade_id":"S823ec2b1-9e0c-4b13-bf35-81722c1a083c-002","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/823ec2b1-9e0c-4b13-bf35-81722c1a083c/","in_jurisdiction":false,"car_5":null},{"date":"2021-01-26","filed":"2021-02-19","ticker":null,"issuer":"Vroom, Inc.","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"self","sector":null,"late":false,"trade_id":"S823ec2b1-9e0c-4b13-bf35-81722c1a083c-004","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/823ec2b1-9e0c-4b13-bf35-81722c1a083c/","in_jurisdiction":false,"car_5":null},{"date":"2021-02-16","filed":"2021-02-19","ticker":"CTAA","issuer":"Qwest Corp. NT 7% 2056","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"self","sector":"Financials","late":false,"trade_id":"S823ec2b1-9e0c-4b13-bf35-81722c1a083c-001","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/823ec2b1-9e0c-4b13-bf35-81722c1a083c/","in_jurisdiction":true,"car_5":null},{"date":"2021-03-26","filed":"2021-04-08","ticker":"QRTEP","issuer":"QRTEP","asset_type":"stock","direction":"buy","amount":[15001,50000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20210408-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-04-20","filed":"2021-05-04","ticker":"NTRA","issuer":"NTRA","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Health Care","late":false,"trade_id":"SQH000601-20210504-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-05-17","filed":"2021-06-08","ticker":"FL4.SG","issuer":"Teledyne Technologies Incorporated (Received)","asset_type":"stock","direction":"exchange","amount":[15001,50000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20210608-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-06-08","filed":"2021-07-08","ticker":"BA","issuer":"BA","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Industrials","late":false,"trade_id":"SQH000601-20210708-001","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.027365},{"date":"2021-11-08","filed":"2021-11-23","ticker":"DDOG","issuer":"DDOG","asset_type":"stock","direction":"sell","amount":[1000001,5000000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQH000601-20211123-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-01","filed":"2021-12-22","ticker":"CTAA","issuer":"Rate/Coupon: 6.75 Matures: 12/01/2021","asset_type":"bond","direction":"sell","amount":[50001,100000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20211222-002","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":null},{"date":"2021-12-16","filed":"2021-12-22","ticker":"VRM","issuer":"VRM","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Consumer Discretionary","late":false,"trade_id":"SQH000601-20211222-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-23","filed":"2022-01-10","ticker":"RHP","issuer":"RHP","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Real Estate","late":false,"trade_id":"SQH000601-20220110-009","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.016817},{"date":"2021-12-23","filed":"2022-01-10","ticker":"RHP","issuer":"RHP","asset_type":"stock","direction":"sell","amount":[100001,250000],"owner":"unknown","sector":"Real Estate","late":false,"trade_id":"SQH000601-20220110-010","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.016817},{"date":"2021-12-23","filed":"2022-01-10","ticker":"RNR","issuer":"RNR","asset_type":"stock","direction":"sell","amount":[250001,500000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220110-011","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.008399},{"date":"2021-12-28","filed":"2022-01-10","ticker":"DDOG","issuer":"DDOG","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQH000601-20220110-007","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-28","filed":"2022-01-10","ticker":"RNR","issuer":"RNR","asset_type":"stock","direction":"sell","amount":[250001,500000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220110-008","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.033586},{"date":"2021-12-28","filed":"2022-07-20","ticker":"SBNY","issuer":"SBNY","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQH000601-20220720-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-28","filed":"2022-07-20","ticker":"SBNY","issuer":"SBNY","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQH000601-20220720-002","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-28","filed":"2022-07-20","ticker":"SBNY","issuer":"SBNY","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQH000601-20220720-003","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-29","filed":"2022-01-10","ticker":"BKEP","issuer":"BKEP","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20220110-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-29","filed":"2022-01-10","ticker":"NS","issuer":"NS","asset_type":"stock","direction":"sell","amount":[50001,100000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20220110-002","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2021-12-29","filed":"2022-01-10","ticker":"PNFP","issuer":"PNFP","asset_type":"stock","direction":"sell","amount":[100001,250000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220110-003","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":null},{"date":"2021-12-29","filed":"2022-01-10","ticker":"CLDT","issuer":"CLDT","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Real Estate","late":false,"trade_id":"SQH000601-20220110-004","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.004107},{"date":"2021-12-29","filed":"2022-01-10","ticker":"ENVA","issuer":"ENVA","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220110-005","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.017589},{"date":"2021-12-29","filed":"2022-01-10","ticker":"CCEP","issuer":"CCEP","asset_type":"stock","direction":"sell","amount":[50001,100000],"owner":"unknown","sector":"Consumer Staples","late":false,"trade_id":"SQH000601-20220110-006","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":-0.047743},{"date":"2022-03-09","filed":"2022-04-13","ticker":"TACO","issuer":"TACO","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220413-001","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":null},{"date":"2022-05-06","filed":"2022-05-16","ticker":"LMND","issuer":"LMND","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQH000601-20220516-001","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":-0.087145},{"date":"2022-08-19","filed":"2022-09-02","ticker":"BKEPP","issuer":"BKEPP","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20220902-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2023-11-06","filed":"2024-08-13","ticker":"CEQP","issuer":"Energy Transfer LP (Received)","asset_type":"stock","direction":"exchange","amount":[50001,100000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQH000601-20240813-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2023-12-27","filed":"2024-01-10","ticker":"DDOG","issuer":"DDOG","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQH000601-20240110-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":0.055626},{"date":"2024-07-22","filed":"2025-08-11","ticker":"ETRN","issuer":"Eqt Corp (Received)","asset_type":"stock","direction":"exchange","amount":[15001,50000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQH000601-20250811-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2024-12-13","filed":"2024-12-30","ticker":"EQC","issuer":"EQC","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20241230-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2025-01-02","filed":"2025-01-22","ticker":"AHL.C","issuer":"AHL.C","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":null,"late":false,"trade_id":"SQH000601-20250122-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null}],"tests":[{"id":"T1","reading":"open_question","evidence":"descriptive","summary":"31% of 29 trades were in the lowest disclosure band ($1,001-$15,000).","detail":"Lowest-band share 0.310, 90% Wilson [0.190, 0.463]. No firm-event calendar, so the event-linked size gap was not computed.","estimate":{"label":"Lowest-band share","value":0.310345,"ci":[0.190419,0.462639],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":29,"lowest_band_share":0.310345,"lowest_band_ci":[0.190419,0.462639],"share_over_50k":0.275862,"max_z":3.130487}},{"id":"T2","reading":"open_question","evidence":"statistical","summary":"20 different companies; the effective number of equally sized positions is 3 and trading spans 38% of maximum sector diversity.","detail":"Dollar HHI 0.390 (identified set [0.170, 0.700]); trade-count HHI 0.061 vs. 95th percentile 0.042 of 29 random draws from all congressional trades (p = 0.002). Normalized sector entropy 0.38 [0.33, 0.50]. Top three issuers (DDOG, RNR, RHP) carry at least 58% of dollar volume.","estimate":{"label":"Effective number of issuers","value":2.566222,"ci":[1.428834,5.876052],"ci_level":0.9,"unit":"count"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":29,"issuers":20,"hhi_mid":0.389678,"hhi_bounds":[0.170182,0.699871],"n_eff":2.566222,"hhi_count":0.060642,"peer_benchmark_p95":0.041617,"peer_benchmark_p":0.002,"sector_entropy":0.378752,"sector_entropy_ci":[0.334345,0.503231],"top3_share_lower":0.582293,"top3":["DDOG","RNR","RHP"],"top3_tied_to_events":false}},{"id":"T3","reading":"does_not_fit","evidence":"statistical","summary":"12% of trading days were batches of three or more companies; 0% of trades look routine; 0.0% of trades came within five trading days before a large company-specific move (chance alone: 1.2%).","detail":"Batch-day share 2/17, Wilson [0.04, 0.30]; index of dispersion 2.97 (chi-square p = 2.16e-202); routine share 0.00 (portfolio-routine or Cohen-Malloy-Pomorski two-year rule). Proximity share 0.000 vs. circular-shift null mean 0.012, p = 1.000.","estimate":{"label":"Batch-day share","value":0.117647,"ci":[0.039728,0.30056],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":1,"p_holm":1,"q_bh":1,"robust":null,"robustness":[],"sources":[],"stats":{"n":29,"trade_days":17,"batch_share_trades":0.37931,"batch_day_share":0.117647,"batch_day_ci":[0.039728,0.30056],"dispersion_index":2.974976,"dispersion_p":0,"routine_share":0,"proximity_share":0,"proximity_null_mean":0.01154,"proximity_null_p95":0.034483,"proximity_p":1,"proximity_nonroutine":0,"proximity_routine":0}},{"id":"T4","reading":"open_question","evidence":"statistical","summary":"Across 10 priced trades, purchases and sales moved 4.67% against the trade's direction relative to the market over the next month on average.","detail":"Mean signed CAR(1,21) = -0.0467; 90% KP interval [-0.1015, 0.0081]; t_BMP = -2.43, r-bar = 0.199, t_KP = -1.30, Patell Z = -1.46, Corrado Z = -2.05. Dollar-weighted identified set [-0.0413, -0.0050]. Calendar-time alpha -75.49%/yr (NW t = -1.04, 87 days).","estimate":{"label":"Mean signed 21-day CAR","value":-0.046726,"ci":[-0.10151,0.008059],"ci_level":0.9,"unit":"return"},"power_limited":true,"screen":false,"p_value":0.887152,"p_holm":1,"q_bh":0.982752,"robust":false,"robustness":[{"variant":"Horizon 5 days","reading":"open_question","value":-0.013677},{"variant":"Horizon 63 days","reading":"open_question","value":-0.050781},{"variant":"Excluding largest batch date","reading":"not_assessed","value":-0.03676},{"variant":"Self-owned accounts only","reading":"not_assessed","value":null},{"variant":"Dollar-weighted (bounds)","reading":"does_not_fit","value":-0.004962},{"variant":"Calendar-time alpha (annualized)","reading":null,"value":-0.754898}],"sources":[],"stats":{"n":10,"theta":-0.046726,"ci":[-0.10151,0.008059],"p":0.887152,"t_kp":-1.300641,"rbar":0.198716,"se_cs":0.016021,"se_kp":0.029886,"t_cs":-2.916598,"t_bmp":-2.426302,"patell_z":-1.46046,"corrado_z":-2.051048,"dollar_weighted_bounds":[-0.041319,-0.004962],"calendar_time":{"alpha_daily":-0.002996,"se":0.002887,"days":87,"t":-1.037549,"p_one_sided":0.85026},"calendar_alpha_ci":[-0.008288,0.002297],"by_horizon":{"5":{"n":10,"theta":-0.013677,"ci":[-0.05623,0.028876],"p":0.716952,"t_kp":-0.595633,"rbar":0.198716,"se_cs":0.012444,"se_kp":0.023214,"t_cs":-1.099084,"t_bmp":-1.111133,"patell_z":-0.788168,"corrado_z":-0.633062},"21":{"n":10,"theta":-0.046726,"ci":[-0.10151,0.008059],"p":0.887152,"t_kp":-1.300641,"rbar":0.198716,"se_cs":0.016021,"se_kp":0.029886,"t_cs":-2.916598,"t_bmp":-2.426302,"patell_z":-1.46046,"corrado_z":-2.051048},"63":{"n":10,"theta":-0.050781,"ci":[-0.262003,0.160442],"p":0.648667,"t_kp":-0.394123,"rbar":0.198716,"se_cs":0.061768,"se_kp":0.115226,"t_cs":-0.822119,"t_bmp":-0.735223,"patell_z":-0.447117,"corrado_z":-0.640029}}}},{"id":"T5","reading":"open_question","evidence":"statistical","summary":"Before 1 large market moves, the member's net trading pointed the right way 1 times.","detail":"Hit rate 1.00, Clopper-Pearson 90% [0.05, 1.00]; exact one-sided p = 0.500; magnitude-weighted sign-flip p = 0.496. Episodes: benchmark days beyond three rolling standard deviations with trades in the prior five trading days, plus documented episodes when supplied.","estimate":{"label":"Hit rate","value":1,"ci":[0.05,1],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":0.5,"p_holm":1,"q_bh":1,"robust":null,"robustness":[],"sources":[],"stats":{"n_episodes":1,"hits":1,"hit_rate":1,"ci":[0.05,1],"p_exact":0.5,"p_magnitude":0.4956,"episodes":[{"event_date":"2024-12-18","move":-0.029803,"dir":-1,"robust":true,"n_trades":1,"post_news_trades":0,"kind":"market"}]}},{"id":"T6","reading":"not_assessed","evidence":"not_computed","summary":"No documentary record of trading arrangements or absence periods was available.","detail":"No documentary record of trading arrangements or absence periods was available.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{}},{"id":"T7","reading":"open_question","evidence":"descriptive","summary":"5 of 39 trades (12.8%) were disclosed late; median lag 18 days.","detail":"Late share 0.128, Wilson [0.064, 0.241]; 90th percentile lag 204 days; longest 385 days.","estimate":{"label":"Late share","value":0.128205,"ci":[0.063823,0.240826],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":39,"amendment_rows_excluded":0,"late":5,"late_from_trade":5,"excused_by_notification":0,"late_share":0.128205,"late_ci":[0.063823,0.240826],"median_lag":18,"p90_lag":204,"max_lag":385,"filings":18,"late_filings":3,"late_priced":0,"timely_priced":10,"late_priced_dates":0}},{"id":"T8","reading":"does_not_fit","evidence":"descriptive","summary":"34% of the member's mapped trading by dollar value was in industries their committees oversee, against 27% for a comparable benchmark.","detail":"Committees JSPR, SSAP, SSBK, SSFR, SSRA; jurisdiction sectors Aerospace & Defense, Financials, Real Estate. Dollar share 0.342 (identified set [0.135, 0.635], bootstrap 0.024-0.927); benchmarks S&P 500 0.238, congressional peers 0.267.","estimate":{"label":"Jurisdiction excess share","value":0.074407,"ci":[-0.24323,0.659545],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":20,"in_jurisdiction_trades":13,"share":0.341602,"share_bounds":[0.135128,0.635028],"share_ci":[0.023965,0.92674],"benchmark_sp500":0.237624,"benchmark_peers":0.267195,"excess":0.074407,"excess_ci":[-0.24323,0.659545],"committees":["JSPR","SSAP","SSBK","SSFR","SSRA"],"jurisdiction_sectors":["Aerospace & Defense","Financials","Real Estate"]}},{"id":"T9","reading":"not_assessed","evidence":"descriptive","summary":"8 priced trades fell in affected industries in the 30 days before the member's committee events and 2 did not; at least 10 of each are needed to compare them.","detail":"8 priced trades fell in affected industries in the 30 days before the member's committee events and 2 did not; at least 10 of each are needed to compare them.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":8,"n_other":2,"events":1832}},{"id":"T10","reading":"not_assessed","evidence":"descriptive","summary":"No documented scrutiny date; the estimated change point in trading activity is shown for reference.","detail":"No documented scrutiny date; the estimated change point in trading activity is shown for reference. Estimated change point 2022-05-09 (permutation p = 0.006).","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"changepoint":"2022-05-09","changepoint_LR":13.299784,"changepoint_p":0.006,"tradeday_rate_before":0.037572,"tradeday_rate_after":0.005764}},{"id":"T11","reading":"does_not_fit","evidence":"statistical","summary":"After adjusting for noise, the member's trades rank at the 5% percentile of 134 members (shrunk estimate -0.28% per trade over a month).","detail":"Empirical Bayes: raw -0.0467, posterior -0.0028 (sd 0.0015); Congress mean -0.0028, between-member variance 0.000000.","estimate":{"label":"Shrunk signed 21-day CAR","value":-0.002769,"ci":[-0.005272,-0.000265],"ci_level":0.9,"unit":"return"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"raw":-0.046726,"posterior_mean":-0.002769,"posterior_sd":0.001522,"congress_mean":-0.002769,"tau2":0,"percentile":0.052239,"members_compared":134,"lower95":-0.005752}},{"id":"T12","reading":"open_question","evidence":"statistical","summary":"1 trades were followed within two weeks by a large company-specific move; 0 were on the profitable side.","detail":"Hit rate 0.00, Clopper-Pearson [0.00, 0.95], exact one-sided p = 1.000; threshold |AR| > 3 sigma.","estimate":{"label":"Hit rate","value":0,"ci":[0,0.95],"ci_level":0.9,"unit":"share"},"power_limited":true,"screen":false,"p_value":1,"p_holm":1,"q_bh":1,"robust":null,"robustness":[],"sources":[],"stats":{"n":1,"hits":0,"hit_rate":0,"ci":[0,0.95],"priced":10,"share_followed":0.1}},{"id":"T13","reading":"does_not_fit","evidence":"statistical","summary":"0% of trades had another member trading the same stock the same way within a week (chance alone: 1%).","detail":"Co-traded share 0.000; circular-shift null mean 0.006, 95th pct 0.034, p = 1.000.","estimate":{"label":"Co-traded share","value":0,"ci":null,"ci_level":null,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":true,"robustness":[{"variant":"Without M001157, the member with the most trades, in the co-trade index","value":0,"reading":"does_not_fit"}],"sources":[],"stats":{"n":29,"cotraded_share":0,"null_mean":0.005573,"null_p95":0.034483,"excess_p":1,"cotraded_share_wo_top":0,"excess_p_wo_top":1}},{"id":"T14","reading":"not_assessed","evidence":"not_computed","summary":"Only 3 trades name the account owner; at least 10 are needed.","detail":"Only 3 trades name the account owner; at least 10 are needed.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"owner_unknown":26}},{"id":"T15","reading":"does_not_fit","evidence":"descriptive","summary":"No purchase and sale of the same stock within six months.","detail":"No purchase and sale of the same stock within six months.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"round_trips":0,"share_in_round_trips":0}},{"id":"T16","reading":"does_not_fit","evidence":"descriptive","summary":"No option trades were reported.","detail":"No option trades were reported.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"option_trades":0,"option_share":0}}],"episodes":[{"title":"Market move on 2024-12-18","event_date":"2024-12-18","direction":"sell","move_pct":-2.98,"trade":"1 trade(s) in the prior five trading days","verdict":"Right way","event":"S&P 500 (SPY) daily move","source_url":null}]}