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      "available": true,
      "measure": "Stock's close-to-close move minus SPY's over the same trading days, signed by the trade's direction (a sale followed by a fall is positive), in percentage points. The stock's move, not the member's profit: exit, position size and dividends are unknown, and no dollar amount enters it. Not investment advice; a disclosed trade is not evidence of wrongdoing.",
      "minimum_decisions_to_rank": 8,
      "by_horizon": [
        {
          "rank": 11,
          "member": {
            "name": "Cleo Fields",
            "bioguide_id": "F000110",
            "party": "D",
            "state": "LA",
            "chamber": "house",
            "url": "https://www.fatcatwatch.com/members/cleo-fields-f000110",
            "api_url": "https://www.fatcatwatch.com/api/v1/members/F000110"
          },
          "horizon_trading_days": 30,
          "decisions_measured": 24,
          "filings": 11,
          "ranked": true,
          "after_trade": {
            "shrunk_excess_move_pts": 0.7,
            "unshrunk_mean_excess_move_pts": 1.3,
            "interval_90_pts": [
              -1.1,
              2.6
            ],
            "hit_rate": 0.5,
            "share_of_same_date_random_portfolios_beaten": 0.665
          },
          "after_disclosure": {
            "shrunk_excess_move_pts": 2.3,
            "unshrunk_mean_excess_move_pts": 4.4,
            "interval_90_pts": [
              0.2,
              4.4
            ],
            "hit_rate": 0.625,
            "share_of_same_date_random_portfolios_beaten": 0.948
          },
          "timing_lost_to_disclosure_delay_pts": -1.6,
          "ranked_members": 24
        },
        {
          "rank": 2,
          "member": {
            "name": "Cleo Fields",
            "bioguide_id": "F000110",
            "party": "D",
            "state": "LA",
            "chamber": "house",
            "url": "https://www.fatcatwatch.com/members/cleo-fields-f000110",
            "api_url": "https://www.fatcatwatch.com/api/v1/members/F000110"
          },
          "horizon_trading_days": 90,
          "decisions_measured": 18,
          "filings": 7,
          "ranked": true,
          "after_trade": {
            "shrunk_excess_move_pts": 7.5,
            "unshrunk_mean_excess_move_pts": 14.6,
            "interval_90_pts": [
              -2,
              21
            ],
            "hit_rate": 0.611,
            "share_of_same_date_random_portfolios_beaten": 0.977
          },
          "after_disclosure": {
            "shrunk_excess_move_pts": 7.4,
            "unshrunk_mean_excess_move_pts": 17.8,
            "interval_90_pts": [
              -0.4,
              17.7
            ],
            "hit_rate": 0.667,
            "share_of_same_date_random_portfolios_beaten": 1
          },
          "timing_lost_to_disclosure_delay_pts": 0.2,
          "ranked_members": 16
        },
        {
          "rank": null,
          "member": {
            "name": "Cleo Fields",
            "bioguide_id": "F000110",
            "party": "D",
            "state": "LA",
            "chamber": "house",
            "url": "https://www.fatcatwatch.com/members/cleo-fields-f000110",
            "api_url": "https://www.fatcatwatch.com/api/v1/members/F000110"
          },
          "horizon_trading_days": 180,
          "decisions_measured": 8,
          "filings": 2,
          "ranked": false,
          "after_trade": {
            "shrunk_excess_move_pts": 0,
            "unshrunk_mean_excess_move_pts": 2.5,
            "interval_90_pts": null,
            "hit_rate": 0.625,
            "share_of_same_date_random_portfolios_beaten": null
          },
          "after_disclosure": {
            "shrunk_excess_move_pts": 0,
            "unshrunk_mean_excess_move_pts": 2.5,
            "interval_90_pts": null,
            "hit_rate": 0.375,
            "share_of_same_date_random_portfolios_beaten": null
          },
          "timing_lost_to_disclosure_delay_pts": 0,
          "ranked_members": 1
        }
      ],
      "decisions_waiting_for_horizon": 12,
      "decisions_whose_price_series_ended": 0,
      "excluded_decisions": [
        {
          "outcome": "non_equity",
          "decisions": 1
        }
      ],
      "url": "https://www.fatcatwatch.com/politicians?view=track"
    }
  },
  "meta": {
    "generated_at": "2026-10-26T14:10:30.663Z",
    "data_as_of": "2026-10-23T17:16:03Z",
    "caveats": [
      "Congressional amounts are STOCK Act brackets (e.g. $1,001–$15,000), not figures: quote the range, never a single number.",
      "Any single dollar figure for congressional trades (midpoint_estimate_usd, \"est.\") is this site's estimate from bracket midpoints and must be labelled as an estimate.",
      "Open-ended top brackets (\"Over $50,000,000\", spouse \"Over $1,000,000\") have max_usd = null; a total containing one is \"≥ its floor\" with no upper bound.",
      "amount.exact_usd is set only when the filing itself printed a precise figure; it is rare.",
      "Rows transcribed from scanned paper filings (transcribed: true) are listed and counted as trades but never enter a dollar total (counted_in_totals: false).",
      "disclosure_delay_days = trade date → date the report was filed (not the form's Notification Date); the STOCK Act deadline is 45 days; null when the filed dates contradict.",
      "Dates are as filed; a few are mistyped (e.g. future trade dates) and are flagged, never corrected.",
      "Form 4 values are shares × the price as filed (possibly a weighted average); an unpriced row has value null, never 0.",
      "Congressional and corporate-insider data are separate datasets: never add, rank or average them together.",
      "Members have 45 days to disclose (and some file later), so recent periods are always under-reported.",
      "Track-record figures are how a stock moved after a member's trade minus SPY over the same trading days, signed by direction, in points: never the member's profit, return or skill, and shrunk toward zero for small samples.",
      "Public disclosures shown for information; not investment advice and not evidence of wrongdoing."
    ],
    "docs": {
      "llms_full": "https://www.fatcatwatch.com/llms-full.txt",
      "openapi": "https://www.fatcatwatch.com/openapi.json",
      "methodology": "https://www.fatcatwatch.com/methodology"
    },
    "recent_trades_returned": 40,
    "all_trades": "https://www.fatcatwatch.com/api/v1/trades?member_id=F000110",
    "markdown": "https://www.fatcatwatch.com/api/v1/members/F000110.md"
  }
}