OVERLAP.v23 +7.52%/mo SHARPE 2.14 SORTINO 3.28 MAX_DD -23.4% CAGR +138.5% WIN_RATE 58.2% VOL_ANN 64.8% EXPOSURE 0.85 BACKTEST 2022.01 → 2026.03 STATUS LIVE OVERLAP.v23 +7.52%/mo SHARPE 2.14 SORTINO 3.28 MAX_DD -23.4% CAGR +138.5% WIN_RATE 58.2% VOL_ANN 64.8%

INPUTPRJ.01

Source Audit

Principal ($USD)

Compound Frequency

CAGR+138.5%

SHARPE2.14

SORTINO3.28

MAX DD-23.4%

WIN RATE58.2%

VOL (ANN)64.8%

AUDIT ID#8f2a1b

TESTED50.5 mo

PROJECTIONS — COMPOUNDv1.23 PRJ

HORIZON	BEAR (−1σ)	EXPECTED	BULL (+1σ)	VS PRINCIPAL

EQUITY CURVE / EXPECTED

MILESTONE LOGETA

▸ SYSTEM ● READY AUDIT#8F2A1B · OVERLAP.V23 · MONTHLY COMPOUND TYPE VALUE TO RECOMPUTE

PROJECTIONS · CHAPTER ONE MANAGER MODULE NO. 001

THE PROJECTION

Ten years.
One strategy.
A compounding
inevitability.

Based on Overlap v2.3 — a cross-sectional momentum strategy tested across 50.5 months of cryptocurrency futures data, with a realized Sharpe of 2.14 and an annualized return of 138.5%.

Your Principal

AUDIT · OVERLAP_V23 · 2026.04.15

— IN TEN YEARS

—

Expected terminal value at monthly compound. A thesis, not a promise.

i. The First MillionFROM PRINCIPAL —

ii. Five MillionCAPITAL EFFICIENCY —

iii. Ten MillionINSTITUTIONAL THRESHOLD —

iv. One HundredNINE FIGURES —

TO BE CONTINUED — DATA IS DESTINY — CUT 001/001

AN EXPEDITION · NO. 023

A surveyed route to the ten-year horizon.

⁘ CAPITAL AT EMBARKATION

SOURCE: OVERLAP_V23 · CAGR +138.5% · SHARPE 2.14

Embarkation

$100K

MONTH 0

TODAY

First Waypoint

$250K

—

arrival

Half-Mil Pass

$500K

—

arrival

Million Summit

$1M

—

arrival

Five-Mil Ridge

$5M

—

arrival

Ten-Mil Plateau

$10M

—

arrival

Terra Incognita

$100M

—

arrival

1 month

—

3 months

—

6 months

—

1 year

—

3 years

—

5 years

—

10 years

—

PROJECTIONS FLIGHT DECKOVERLAP V2.3 · AUDIT #8F2A1B · MANAGER MODULE

◉ CAPITAL INPUT · USD

ANN. RETURN

138.5%

SHARPE RATIO

2.14

MAX DRAWDOWN

-23.4%

WIN RATE

58.2%

VOLATILITY

64.8%

◄ HORIZON PROJECTIONS ►

T+ 01 MONTH—

T+ 03 MONTHS—

T+ 06 MONTHS—

T+ 12 MONTHS—

T+ 36 MONTHS—

T+ 60 MONTHS—

T+ 120 MONTHS—

◄ TARGET ACQUISITION ETA ►

$250KQUARTER MIL

—

$500KHALF MIL

—

$1MSEVEN FIGURES

—

$5MFIVE MIL

—

$10MEIGHT FIGURES

—

$100MNINE FIGURES

—

In ten years,
one hundred
thousand dollars
becomes —.

An essay in compounding.

Overlap v2.3 — a cross-sectional momentum strategy — produced a Sharpe of 2.14 and a CAGR of 138.5% across 50.5 months of crypto-futures data. Projected forward at monthly compound, it rewrites what a decade can do.

Change the principal below. Watch the essay rewrite itself.

— I · Principal

Starting capital

Edit freely. All figures recompute.

— II · The Strategy

Cross-sectional momentum on crypto perpetuals. Long/short, volatility-scaled, monthly rebalanced. Tested over 50.5 months against a universe of 40+ instruments.

— III · Seven Horizons

01One month—
02Three months—
03Six months—
04One year—
05Three years—
06Five years—
07Ten years—

— IV · Milestones Ahead

$1Mi.

REACHED IN —

$5Mii.

REACHED IN —

$10Miii.

REACHED IN —

$100Miv.

REACHED IN —

projections_
// OVERLAP_V23 · AUDIT:8F2A1B · SIM→MGR

◢ CAPITAL_LOAD.USD ◣

T + 120 MONTHS / TERMINAL VALUE

—

◆ EXPECTED / MONTHLY COMPOUND / +138.5% CAGR ◆

◣ horizons

T+ 1 MO

—

T+ 3 MO

—

T+ 6 MO

—

T+ 1 YR

—

T+ 3 YR

—

T+ 5 YR

—

SHARPE

2.14

SORTINO

3.28

CAGR

138.5

MAX.DD

23.4

WIN%

58.2

VOL

64.8

◣ acquire targets

$250K

QUARTER_MIL

—

$500K

HALF_MIL

—

$1M

7FIG_THRESHOLD

—

$5M

MIDCAP_TIER

—

$10M

8FIG_UNLOCK

—

$100M

9FIG_ENDGAME

—

The ascent.
Base camp → summit.

ROUTE · OVERLAP_V23
CAGR · +138.5%
SHARPE · 2.14
AUDIT · #8F2A1B

◆ Base Camp

Principal at departure

CAGR

138.5%

Sharpe

2.14

Max DD

-23.4%

Win %

58.2%

Your ascent is modeled on Overlap v2.3 — a 50-month expedition through crypto futures. Summit by monthly compound. Weather is volatile; the route is proven.

BASE CAMP—

CAMP I · $250K—

CAMP II · $500K—

CAMP III · $1M—

HIGH CAMP · $5M—

◆ SUMMIT · $10M—

◆ Summit Log

—

after 1 month

—

after 3 months

—

after 1 year

—

after 3 years

—

after 5 years

—

after 10 years

The Projections Broadsheet

FRIDAY · 17 APRIL 2026
VOL. MMXXVI · NO. 107
COMPILED IN PHOENIX, AZ
MANAGER MODULE · 3M

"COMPOUNDING AS POLICY" OVERLAP_V23 · AUDIT #8F2A1B SHARPE 2.14 · CAGR +138.5% · DD -23.4% PRINTED ON THE BACKTEST

MARKETS · PROJECTION · FRONT PAGE

A quiet revolution in compound interest, year by year.

How a cross-sectional momentum strategy, left to its own devices across ten patient years, rewrites the arithmetic of a single dollar — and what that means for the principal you hand it today.

PRINCIPAL · EDITORIAL INPUT

Adjust the capital figure and every column below is re-set in type. Live compound.

— THE LEAD COLUMN

Seven horizons,
one strategy.

At monthly compound, a modest principal quietly reshapes itself across time. Overlap v2.3 — the strategy at hand — has shown consistent behaviour in backtest, with volatility that would unsettle the faint of heart yet returns that, quite simply, pay for the weather.

Horizon	Projected Value
One month	—
Three months	—
Six months	—
One year	—
Three years	—
Five years	—
Ten years	—

The ten-year figure is, admittedly, implausible to the eye. It is also arithmetic.

— OPINION · ANALYSIS

On the virtue of patience.

The first million takes years. The second, months. By the third, you are merely keeping tidy books.

Drawdowns of twenty-three per cent are not anomalies in this strategy; they are its rent. The question for the principal at base camp is whether to pay that rent willingly, knowing what the lease eventually returns.

KEY FIGURES

2.14Sharpe Ratio

138.5%CAGR

-23.4%Max Drawdown

58.2%Win Rate

— SCHEDULE OF MILESTONES

Dates of arrival.

$250,000i.

The quarter million. A dress rehearsal. ETA · —

$500,000ii.

A fold of the original; the strategy warms up. ETA · —

$1,000,000iii.

Seven figures. The first civic milestone. ETA · —

$5,000,000iv.

The accountant is promoted. ETA · —

$10,000,000v.

Eight figures, and a new conversation entirely. ETA · —

$100,000,000vi.

Institutional territory. The curve bends no further. ETA · —

PROJECTIONSMANAGER · OVERLAP_V23 · SIM→MGR

◆ PRINCIPAL · USD

T + 120 · TERMINAL VALUE

—

◆ MONTHLY COMPOUND · EXPECTED TRAJECTORY ◆

T+1M

—

T+3M

—

T+6M

—

T+1Y

—

T+3 YEARS

—

T+5 YEARS

—

SHARPE

2.14

SORTINO

3.28

CAGR

+138%

MAX DD

-23.4%

WIN %

58.2

VOL

64.8

◆ EXPECTED EQUITY CURVE

◆ MILESTONE TIMELINE

$250KQUARTER MIL

—

$500KHALF MIL

—

$1MSEVEN FIGURES

—

$5MFIVE MIL

—

$10MEIGHT FIGURES

—

$100MNINE FIGURES

—

$1BTEN FIGURES

—

— No. III · a study in compounding

Let it grow.
A decade,
patiently watered.

— principal at planting —

Cultivar: Overlap v2.3 · Sharpe 2.14 · CAGR 138.5%

— seasons in the garden

after one month

—

after three months

—

after six months

—

after a year

—

after three years

—

after five years

—

after ten years

—

—today

$250K—

$500K—

$1M—

$5M—

$10M—

$100M—

— harvest schedule

$250Ki.

a first crop

—

$500Kii.

the tree steadies

—

$1Miii.

first seven-figure bloom

—

$5Miv.

an orchard begins

—

$10Mv.

canopy at full reach

—

$100Mvi.

a forest, seeded

—

Ten years.One strategy.A compoundinginevitability.

A surveyed route to the ten-year horizon.

— I · Principal

— II · The Strategy

— III · Seven Horizons

— IV · Milestones Ahead

◣ horizons

◣ acquire targets

◆ Base Camp

◆ Summit Log

A quiet revolution in compound interest, year by year.

Seven horizons,one strategy.

On the virtue of patience.

Dates of arrival.

◆ EXPECTED EQUITY CURVE

◆ MILESTONE TIMELINE

Let it grow.A decade,patiently watered.

— seasons in the garden

— harvest schedule

Ten years.
One strategy.
A compounding
inevitability.

Seven horizons,
one strategy.

Let it grow.
A decade,
patiently watered.