BK/IQ is a personal research project — public notes on cross-asset fragility, regime detection, and systematic market observation, written in spare evenings by one risk practitioner, for the practice of writing itself.
Not a product. Not a service. Not investment advice. Nothing here is for sale or intended to influence investment decisions.
A six-pillar composite that surfaces structural vulnerability across a universe of instruments — before it shows up in realised loss. Decomposable into its drivers. Updated daily.
A rule-based classifier of market states — Moderate, Stressed, Crisis — driven by ACWI volatility and drawdown percentiles over an expanding 10-year window.
Observational signals synthesised from fragility, regime fit, momentum and cross-asset sentiment. Descriptive only. No position recommendations, no buy/sell calls.
Private spreadsheets tolerate shortcuts. Public notes don't. Making the framework visible is a personal discipline: every decomposition, weight, and threshold is exposed to scrutiny — first to my own, eventually to anyone who reads along.
The headline regime call is the output of a stated rule applied to public data. Nothing on the primary call is hand-tuned or discretionary. If a score changes, you can trace it to the input. That's what makes it a research project and not a market opinion blog.
The frameworks are works in progress. Some pillars will likely be reweighted. Some instruments may be dropped. When that happens, the change and its rationale will be logged publicly. Consistency matters less than transparency about revision.
Nothing here represents a trading edge, a strategy, or a recommendation. Backtests, where shown, are pedagogical — toy models to illustrate method, not performance claims. Treat everything as observation, not prescription.
A personal research project. Notes written publicly for the author's own discipline and curiosity. Published without expectation of readership, commercial return, or ongoing commitment.
A product, a service, a subscription, a newsletter, or a business. Nothing on this site is for sale, and nothing will ever be offered for sale without that being made visible and without appropriate regulatory permissions being obtained first.
Nothing published here constitutes investment advice, a recommendation, a solicitation, or an offer. The author is not registered to provide investment advice to the public. Readers should consult appropriately licensed professionals for financial decisions.
BK/IQ is a personal project. The views expressed are the author's own and do not represent the views, policies, or research of any current or former employer. No employer has reviewed, endorsed, or is associated with the content on this site.
All data used on this site is obtained from public sources (primarily Yahoo Finance via yfinance). No proprietary, confidential, or material non-public information from any employer or client is used in any way.
General correspondence: bhavesh113@gmail.com. The author does not accept client engagements, paid consulting, or commercial enquiries in connection with this site.