Mag 7 Concentration
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Mag 7 Concentration
What it is
Mag 7 Concentration β registry key mag7_weight.
Concentration measures structural fragility, not market direction. Surfaced for situational awareness; not in health score.
Data-pyramid tier
T1 β Signal. This metric sits at the signal layer of the platformβs six-tier data pyramid (T0 raw inputs β T5 actionable read). The tier reflects how far the value is from a raw measurement β not how strongly it is validated. Abstraction and validation are separate axes: a higher tier is not a claim of stronger evidence.
Horizon & validation
No validated skill horizon is on file for this metric β read it as context / a data carrier, not a validated edge. Stamps are added only when a gated research verdict lands.
Source
Source module: breadth
Data source: back_fillable
Fetched directly from app/sources/breadth.py; see source code for the upstream API call and any provider-specific handling.
How itβs computed
Combined market-cap weight of the Magnificent 7 (AAPL, MSFT, GOOG/GOOGL, AMZN, NVDA, META, TSLA) as a percent of the S&P 500: sum(MC[MAG7]) / sum(MC[SPX]) Γ 100. See app/sources/breadth.py:201.
Where it surfaces
- API field:
signals.mag7_weight_pctonGET /api/v1/signals/latest - Surface:
daily_signalsrow (daily-cadence persistence) - Surface:
/signals/historytime series - Surface:
/signals/sparklines(UI sparklines) - Surface: change markers in the rendered report
- Sparkline aliases:
mag7
Bands / thresholds
Classifier direction: lower_is_better.
| Range | Label | Dot | Implication | Points |
|---|---|---|---|---|
| β | Normal | favorable | NEUTRAL | β |
| β | Elevated | leaning | NEUTRAL | β |
| β | Concentrated | cautionary | BEARISH | β |
| β | Extreme | adverse | BEARISH | β |
Health-score / alignment role
Display-only β has bands for surface labeling but does not contribute to the health score (scoring is handled by a companion metric).
Release cadence
- Publishes:
intraday
See also
- /kb/api/get-signals-latest β API endpoint that serves this field.