HScreen · screen

The screen every researched name · ranked · decides nothing

researched names on the screen40

fund / absolute barINCOME · 10.0%

A near-miss is not hidden and a broken verdict is not a filter — both are shown with their numbers so the judgement stays with you. gap is expected return less the bar. beta is the measured common-factor loading: negative means the name diversifies the AI-capex factor.

name	ER%	gap	beta	verdict	status	sector	chain / role	centrality	why
IBM	14.4	+4.4	-0.030	weakened	HELD	Technology	unavailable	—	2.00% of income
WMB	12.3	+2.3	-0.012	weakened	QUEUED	Energy	unavailable	—	gross exposure cap: only 0.00% of capital unallocated, below position_
VICI	11.3	+1.3	-0.056	weakened	HELD	Real Estate	unavailable	—	8.80% of income
AEP	11.0	+1.0	-0.061	weakened	QUEUED	Utilities	unavailable	—	payout durability FAIL: interest coverage now 2.61x < 3.0x
EPD	10.8	+0.8	-0.024	weakened	HELD	Energy	unavailable	—	8.80% of income
CSCO	10.3	+0.3	+0.016	weakened	HELD	Technology	unavailable	—	2.00% of income
T	9.7	-0.3	-0.068	weakened	SCREENED-OUT	Communication Services	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2022, 2023])
ABBV	9.6	-0.4	-0.053	broken	SCREENED-OUT	Healthcare	unavailable	—	adversary verdict=broken
AMT	9.4	-0.6	-0.077	weakened	NOT IN POOL	Real Estate	unavailable	—	no dossier-stage verdict recorded
PM	9.3	-0.7	-0.060	weakened	HELD	Consumer Defensive	unavailable	—	2.20% of income
VZ	8.9	-1.1	-0.067	weakened	HELD	Communication Services	unavailable	—	4.40% of income
NEE	8.9	-1.1	-0.051	weakened	SCREENED-OUT	Utilities	unavailable	—	payout durability FAIL: interest coverage now 1.81x < 3.0x; interest c
WEC	8.6	-1.4	-0.062	weakened	SCREENED-OUT	Utilities	unavailable	—	payout durability FAIL: interest coverage now 2.65x < 3.0x; FCF <= 0:
WPC	8.4	-1.6	-0.049	weakened	SCREENED-OUT	Real Estate	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2023, 2024]); i
0857.HK	8.0	-2.0	+0.001	weakened	HELD	Energy	unavailable	—	4.40% of income
SPG	7.8	-2.2	-0.040	weakened	SCREENED-OUT	Real Estate	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2020, 2021])
SO	7.8	-2.2	-0.066	weakened	SCREENED-OUT	Utilities	unavailable	—	payout durability FAIL: interest coverage now 2.2x < 3.0x; interest co
MO	7.6	-2.4	-0.065	weakened	HELD	Consumer Defensive	unavailable	—	4.40% of income
CCI	7.3	-2.7	-0.080	weakened	SCREENED-OUT	Real Estate	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2025]); interes
DUK	7.3	-2.7	-0.066	weakened	SCREENED-OUT	Utilities	unavailable	—	payout durability FAIL: interest coverage now 2.36x < 3.0x; interest c
1605.T	7.0	-3.0	+0.007	weakened	QUEUED	Energy	unavailable	—	gross exposure cap: only 0.00% of capital unallocated, below position_
XOM	6.8	-3.2	-0.036	weakened	HELD	Energy	unavailable	—	2.00% of income
0941.HK	6.6	-3.4	+0.005	weakened	HELD	Communication Services	unavailable	—	4.40% of income
O	6.4	-3.6	-0.054	weakened	SCREENED-OUT	Real Estate	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2023, 2024]); i
PFE	6.0	-4.0	-0.046	weakened	SCREENED-OUT	Healthcare	unavailable	—	ben_veto (2026-08-18): The thesis IS dividend carry through the LOE wi
JNJ	5.8	-4.2	-0.059	weakened	HELD	Healthcare	unavailable	—	2.00% of income
PG	5.5	-4.5	-0.062	weakened	HELD	Consumer Defensive	unavailable	—	4.40% of income
PEP	5.0	-5.0	-0.066	weakened	HELD	Consumer Defensive	unavailable	—	4.40% of income
8001.T	4.8	-5.2	-0.008	weakened	SCREENED-OUT	Industrials	unavailable	—	coverage_tier=T3-DATA-ONLY not in ['T1-FULL', 'T2-PARTIAL', 'T3-PRIMAR
D	4.4	-5.6	-0.072	weakened	SCREENED-OUT	Utilities	unavailable	—	payout durability FAIL: DPS trajectory = cut (cuts in [2020, 2021]); i
TXN	3.8	-6.2	+0.068	broken	SCREENED-OUT	Technology	unavailable	—	adversary verdict=broken
KMB	3.5	-6.5	-0.059	weakened	SCREENED-OUT	Consumer Defensive	unavailable	—	ben_veto (2026-08-18): Weakest expected return in the INCOME book at +
KO	3.2	-6.8	-0.063	weakened	HELD	Consumer Defensive	unavailable	—	2.00% of income
MRK	3.1	-6.9	-0.051	broken	SCREENED-OUT	Healthcare	unavailable	—	adversary verdict=broken
GIS	3.0	-7.0	-0.087	weakened	HELD	Consumer Defensive	unavailable	—	4.40% of income
CVX	3.0	-7.0	-0.035	weakened	HELD	Energy	unavailable	—	4.40% of income
ED	2.7	-7.3	-0.071	broken	SCREENED-OUT	Utilities	unavailable	—	adversary verdict=broken; payout durability FAIL: interest coverage no
0002.HK	2.6	-7.4	+0.006	weakened	HELD	Utilities	unavailable	—	2.00% of income
AMGN	1.8	-8.2	-0.039	weakened	HELD	Healthcare	unavailable	—	2.00% of income
0003.HK	-0.2	-10.2	+0.008	weakened	SCREENED-OUT	Utilities	unavailable	—	expected_return -0.2% (probability_weighted, annualised from -0.2% ove

ALPHA — weights and spread 7 names · gross 83.21% · cash 16.79%

sector	weight%	share of gross	names
Technology	62.69	75.3%	005930.KS, 6146.T, 8035.T, NVDA, QCOM
Industrials	11.97	14.4%	ETN
Utilities	8.55	10.3%	VST

measured pairs21

average pair co-movement0.4141

factor beta (PC1)0.0941

INCOME — weights and spread 20 names · gross 73.0% · cash 27.0%

sector	weight%	share of gross	names
Consumer Defensive	21.80	29.9%	GIS, KO, MO, PEP, PG, PM
Energy	19.60	26.8%	0857.HK, CVX, EPD, XOM
Communication Services	8.80	12.1%	0941.HK, VZ
Real Estate	8.80	12.1%	VICI
Technology	8.00	11.0%	CSCO, IBM, MSFT, QCOM
Healthcare	4.00	5.5%	AMGN, JNJ
Utilities	2.00	2.7%	0002.HK

measured pairs190

average pair co-movement0.238

factor beta (PC1)-0.0373

Not two bets. These pairs co-move at 0.75 or above on the canonical FX-corrected matrix — at that level they are one position held twice:
CVX · XOM +0.842

Household both sleeves, summed dollars

sector	% of invested
Technology	45.25
Consumer Defensive	13.96
Energy	12.55
Industrials	7.66
Utilities	6.75
Real Estate	5.63
Communication Services	5.63
Healthcare	2.56

Evidence attribution is the depot evidence actually about this company?

universe names measured0

below the 40.0% on-company floor0

A pack assembled from other companies' documents produces a confident, fully-cited dossier about the wrong business. Measured per name as the share of retrieved depot chunks that mention the subject company. The analyst now refuses to run below the floor.

Rendered from canonical artifacts only (T1) — no terminal database exists. Every figure is read from the system's own files at render time; where an artifact is missing the panel names the dependency rather than showing an empty box. No execution path exists anywhere in this interface (T5), not even a link.