{
  "schema_version": "1.0",
  "methodology_version": "3.1-public-beta",
  "data_status": "partial",
  "as_of": "2026-07-30",
  "display_date": "CCI 2026-07-30 · 市场快照 2026-07-31",
  "published_at": "2026-07-31T15:40:25+00:00",
  "gate": {
    "state": "watch",
    "label": "形态观察中"
  },
  "pressure": {
    "score": 80,
    "label": "压力高"
  },
  "repair": {
    "score": 27,
    "label": "证据有限"
  },
  "phase": {
    "key": "watch",
    "label": "常态观察",
    "summary": "出现局部压力或数据证据尚不完整，保持观察。"
  },
  "completeness": {
    "score": 62,
    "missing": [
      "F5 重新分化：需从上线日起累计40个交易日的点时点成分收益",
      "历史涨跌宽度正在每日累计，早期 F2/F4 仅使用已有证据",
      "融资融券为交易所 T+1 数据，不属于盘中实时数据",
      "F3 宽基ETF申购",
      "F5 重新分化",
      "daily_market: down_ratio has 414 missing values; the partial score uses available evidence",
      "daily_market: limit_down_ratio has 414 missing values; the partial score uses available evidence",
      "daily_market: smallcap_advancer_ratio has 414 missing values; the partial score uses available evidence"
    ]
  },
  "factors": [
    {
      "id": "F1",
      "name": "杠杆去化",
      "score": 99,
      "dimension": "pressure",
      "state": "压力高",
      "trend": "恶化",
      "summary": "融资去杠杆的强度与边际变化。"
    },
    {
      "id": "F2",
      "name": "抛售衰减",
      "score": 40,
      "dimension": "repair",
      "state": "初步改善",
      "trend": "恶化",
      "summary": "压力峰值后的成交与下跌广度衰减。"
    },
    {
      "id": "F3",
      "name": "宽基ETF申购",
      "score": 0,
      "dimension": "repair",
      "state": "数据缺失",
      "trend": "观察",
      "summary": "版本化宽基ETF篮子的异常份额变化。"
    },
    {
      "id": "F4",
      "name": "小微盘修复",
      "score": 17,
      "dimension": "repair",
      "state": "证据有限",
      "trend": "恶化",
      "summary": "小微盘绝对表现、相对弱势和市场宽度。"
    },
    {
      "id": "F5",
      "name": "重新分化",
      "score": 0,
      "dimension": "repair",
      "state": "数据缺失",
      "trend": "观察",
      "summary": "横截面相关性回落与收益离散度恢复。"
    }
  ],
  "event_flags": [
    {
      "type": "official_statement",
      "label": "当日无已核验公开事件",
      "active": false
    }
  ],
  "share_copy": "浮筹出清观察 CCI｜市场快照2026-07-31，CCI正式数据2026-07-30：压力80，修复27，阶段“常态观察”。当前为数据不完整观察值，仅作研究，不构成投资建议。",
  "disclaimer": "当前结果仅供内部研究，尚未满足正式发布闸门。本工具不提供买卖指令或未来收益预测，不构成投资建议。",
  "market_snapshot": {
    "trading_date": "2026-07-31",
    "observed_at": "2026-07-31T23:40:23+08:00",
    "state": "closed",
    "sample_size": 5529,
    "advancers": 4690,
    "decliners": 728,
    "flat": 111,
    "limit_down": 1,
    "down_ratio": 0.131669,
    "limit_down_ratio": 0.000181,
    "median_return": 0.02027,
    "total_turnover": 2559065870138.0,
    "smallcap_advancer_ratio": 0.933092,
    "smallcap_limit_down_ratio": 0.0,
    "sources": [
      "新浪财经沪深A股行情快照"
    ]
  },
  "source_lags": {
    "margin_as_of": "2026-07-30",
    "score_as_of": "2026-07-30",
    "market_as_of": "2026-07-31"
  },
  "data_sources": [
    {
      "name": "上海/深圳证券交易所融资融券公开数据（历史镜像汇总）",
      "url": "https://www.sse.com.cn/market/othersdata/margin/sum/",
      "role": "F1 杠杆去化；按交易所规则为 T+1",
      "status": "collected"
    },
    {
      "name": "深圳证券交易所 ETF 基金规模",
      "url": "https://www.szse.cn/market/product/fund/etf/index.html",
      "role": "F3 宽基 ETF 份额",
      "status": "collected"
    },
    {
      "name": "公开行情快照与指数日线",
      "url": "https://finance.sina.com.cn/stock/",
      "role": "盘中宽度快照、F2/F4 行情证据",
      "status": "collected"
    }
  ],
  "quality_issues": [
    {
      "severity": "high",
      "dataset": "daily_market",
      "check": "missing_values",
      "message": "down_ratio has 414 missing values; the partial score uses available evidence"
    },
    {
      "severity": "high",
      "dataset": "daily_market",
      "check": "missing_values",
      "message": "limit_down_ratio has 414 missing values; the partial score uses available evidence"
    },
    {
      "severity": "high",
      "dataset": "daily_market",
      "check": "missing_values",
      "message": "smallcap_advancer_ratio has 414 missing values; the partial score uses available evidence"
    },
    {
      "severity": "high",
      "dataset": "daily_market",
      "check": "missing_values",
      "message": "smallcap_limit_down_ratio has 414 missing values; the partial score uses available evidence"
    },
    {
      "severity": "medium",
      "dataset": "constituent_returns",
      "check": "extreme_return",
      "message": "4 returns exceed 50%; confirm IPO/corporate actions"
    }
  ]
}