China Internet (KWEB)

Composite signal at decile 4/10 (NEUTRAL) as of 2026-06-12 → calibrated P(8%+ drawdown within 120 trading days) = 20% (base rate 29%)

composite hit decile 9-10 (high warning) on 629 days; of those, 342 (54%) preceded a real 8%+ drawdown over the next 120 days · base rate 28.9%