Disclaimer
Effective 25 August 2026 · Version tp-260825
Not investment advice
Kurtosis, Inc., a Delaware C-corporation, provides the TradePolaris service, a software tool for building and evaluating systematic strategies. Nothing it produces — backtest reports, gate scores, equity curves, paper signals, templates, or any other output — constitutes investment advice, research, a recommendation, or a solicitation to buy or sell any security or other instrument. We are not registered as an investment adviser, research analyst, or broker-dealer with the SEC, FINRA, or any other regulator, and we do not act as your fiduciary.
Hypothetical performance
ALL BACKTEST RESULTS SHOWN BY THE SERVICE ARE HYPOTHETICAL. They are computed on historical data with the benefit of hindsight, and have inherent limitations: they do not reflect actual trading, real liquidity, slippage beyond modelled assumptions, market impact, outages, or the discipline required to follow a strategy through drawdowns. Strategies that pass historical validation gates frequently fail in live markets. PAST OR SIMULATED PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
Paper trading
Paper deployments are simulations. Fills are modelled, capital is notional, and no orders reach any exchange. Differences between simulated and real execution can be large and systematically flattering to the simulation.
Risk of loss
Trading equities and derivatives involves substantial risk of loss and is not suitable for every investor. You can lose more than you invest when using leverage. Before trading, consider your objectives, experience, and risk tolerance, and consult a qualified, licensed financial adviser. You are solely responsible for any decisions you make based on the Service’s output.
Data accuracy
Market data shown by the Service comes from third-party sources and may be delayed, incomplete, adjusted, or wrong. Reports display the data window actually used (including any staleness) — verify independently before relying on it.