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Last updated: July 18, 2026

Educational purposes only

AIM Volatility Lab (the "Service"), operated by Bao Research, is a research and educational tool. All content, backtests, simulations, forecasts, regime signals, verdicts, and other outputs are provided for informational and educational purposes only.

Nothing on this website or in the Service constitutes financial, investment, legal, tax, or trading advice, or a recommendation, offer, or solicitation to buy or sell any security, cryptocurrency, or other financial instrument.

Not a broker-dealer or investment adviser

Bao Research is not a broker-dealer, registered investment adviser, or fiduciary, and is not registered with the U.S. Securities and Exchange Commission (SEC), FINRA, or any other financial regulatory authority.

Use of the Service does not create any advisory, fiduciary, or professional relationship between you and Bao Research.

Hypothetical & backtested performance

All performance results shown in the Service are hypothetical: they are produced by applying rules to historical data with the benefit of hindsight. Hypothetical performance results have many inherent limitations.

Backtested and simulated results do not represent actual trading. They do not reflect the impact that real market factors — such as liquidity, slippage, order fills, taxes, fees beyond those modeled, or the discipline required to follow a strategy through losses — would have had on actual results.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Frequently, there are sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

Risk of loss

Trading and investing in stocks, ETFs, cryptocurrencies, and other instruments involves substantial risk of loss and is not suitable for every investor. Prices can move against you quickly, and you can lose some or all of your invested capital.

Past performance — whether actual or backtested — is not indicative of future results. Never invest money you cannot afford to lose.

Data accuracy

Market data displayed in the Service is sourced from third-party providers and may be delayed, incomplete, or contain errors. It is provided "as is" for research use and should not be relied upon for live trade execution or as the sole basis for any financial decision.

Your responsibility

Any decision you make based on information from the Service is yours alone, made at your own risk. You are solely responsible for evaluating the merits and risks of any strategy, signal, or piece of information before acting on it.

To the maximum extent permitted by law, Bao Research shall not be liable for any losses or damages arising from your use of, or reliance on, the Service or its outputs.

Consult a professional

Before making any investment decision, consider consulting a licensed financial adviser, accountant, or other qualified professional who can evaluate your individual circumstances, objectives, and risk tolerance.

Contact

Questions about this Disclaimer? Reach us through our Contact page.

Aim Volatility Labby Bao Research

Rules-based AIM backtesting for volatile markets. Compare engines, validate out-of-sample, and find out when your edge is fake.

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Backtested and simulated results are hypothetical, do not reflect live trading, and do not guarantee future performance. AIM Lab is a research and educational tool and is not financial, investment, or trading advice. AIM = Automatic Investment Management.

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