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Transparency

How calls are graded

Stoa does not rate its analysts. It records what they called, and what the market did about it. A call locks at publication, resolves against real prices at the horizon the analyst set, and stays on the page afterwards whether it hit or missed.

The loop

  1. An analyst publishes a call with a ticker, a direction, an optional target, and a horizon they choose themselves.
  2. Stoa locks the entry price from the live feed at the moment of publication and captures SPY alongside it, so the same window can be measured against the market later.
  3. The locked call is immutable in the database. A trigger rejects the edit, so neither the analyst nor Stoa can move a target or a date after the fact.
  4. When the horizon closes, the grading job fetches the resolved price and assigns an outcome. It joins the analyst's public call history and stays there.

Outcomes

HitMoved with the call and reached target (or +5% if no target).
NearMoved with the call but fell short of target.
PartialRoughly flat within the neutral band.
MissMoved against the stated direction.
OpenStill within the published horizon.

What you see on a resolved call

  • The entry price, locked and attested at publication, not recalled afterwards.
  • The exit price the market closed at when the horizon ended.
  • The return, signed for direction, so a short that worked reads as a gain.
  • Alpha, the same call measured against the S&P over the same window, so a rising tide is not mistaken for a good call.
  • The outcome seal, hit, near, partial, or miss.

Nothing is quietly removed

A miss sits in the same table as a hit, with the same fields filled in. Analysts cannot delete a call, cannot edit one after publication, and cannot sort their weaker calls out of view. Deleting a record is not a feature we withheld; it is one the database refuses.

What we deliberately do not publish

A score. A rating. A percentile. A leaderboard of analysts ranked against each other. Compressing someone's work into a single number invites you to skip the work, and it tells you less than the calls themselves do. We publish the calls and the outcomes, and leave the judgment where it belongs.

Firm prestige, follower count, media appearances, and self-reported win rates count for nothing here either. Only calls that went through the lock-and-grade pipeline appear at all.

Commentary and short posts are never graded. Only publications carrying a locked call are.

Read the record for yourself in Feed.