RISK DISCLOSURE
Research has limits. Decisions have risk.
VANG Alpha provides market data, research and analytical tools for informational purposes. Review these limitations before relying on any view.
Market risk
Digital assets, derivatives, equities, options and commodities can move quickly and unpredictably. Liquidity may change and a conditional view may fail even when its initial evidence appears strong. You may lose all invested capital; leveraged or margined products can produce losses greater than the initial deposit, depending on the product and applicable protections. Spreads, fees, slippage and gaps can make actual outcomes differ from displayed research.
AI and model risk
Automated analysis can be incomplete, delayed, inconsistent or wrong. Agent explanations are research aids, not guarantees. Review the underlying evidence, competing explanations and invalidation conditions independently.
Data quality and timing
Market records may be delayed, revised, incomplete or unavailable. Historical replay uses completed records and curated commentary. A replay cannot reproduce every information constraint or execution condition faced by a person in real time.
Historical results
Historical cases compare a retrospectively reconstructed, fixed decision-point view with later market records. Past performance and a favorable recorded outcome do not predict or guarantee future results. The cases do not establish a live track record, execution record or portfolio return.
Your decisions
VANG Alpha does not provide personalized investment advice, brokerage or custody through this website. The interactive Execution Agent describes research conditions; it does not place a trade. Users make their own independent decisions and should obtain appropriate professional advice when needed.