NPX-100 · Flagship index Methodology published · v2.0.0

NPX-100

by AEQUARA · the flagship 100-constituent cross-industry index

The 100 companies on earth that best demonstrate management quality, honest disclosure, and durable competitive advantage — any sector, any geography. 8-axis composite. Methodology published 2026-07-01. Quarterly publication from Q1 2027. Anti-issuer-pay, Brier-tracked, error-published from the first cycle.

Methodology hash · SHA-256 · v2.0.0 438537fac91ca1fe9b582a2f41bbba8a789132e516eb9bfee2cedc75fa0c1c04

Read the full methodology → How the Brier ledger works

— "We don't grade on a curve. We grade on a horizon."

Launch timeline

✓ Complete · 2026-07-01

Methodology published

v2.0.0 · SHA-256 hashed · 8-axis rubric · cross-industry · global universe defined

In progress · Jul–Dec 2026

Cross-industry evaluation open

Any sector · any geography · English-language public filings · $500M+ market cap

Upcoming · 2026-11-04

Pilot signal list

Watch-list candidates (≥85) delivered to founding subscribers

First publication · 2027-02-04

Full quarterly cycle

Constituent list + 8 quarterly artifacts. Trustee Tier sees it 24h early.

View founding evaluation scores → 18 gate-clear companies · pilot estimates · MSFT leads at 91.2

What NPX-100 measures

Calibrated assessment of the 100 firms that best demonstrate management quality, honest disclosure, and durable advantage — any sector, any geography.

Methodology-hash stable

The SHA-256 of the methodology rotates only when a new index family is declared. Operational amendments (governance, publication cadence, band tightening) are versioned without rotating the hash. The hash publishes with every quarterly cycle.

Hash-stable by design · publishes each cycle

ii.

8-axis composite

Each constituent scored across eight calibrated axes: Forecast Calibration (22%), Earnings Quality (18%), Capital Discipline (15%), Governance Integrity (15%), Strategic Transparency (10%), Error Culture (8%), Stakeholder Trust (7%), Durability Horizon (5%). Sector-relative z-scoring. Weights published.

8 axes · weight-published · sector-relative · sub-indices

iii.

Quarterly publication ritual

First Tuesday of February, May, August, November. Reconciliation, Brier ledger, hash, revenue disclosure, confluence matrix, steward attestation, sub-index roll. The ritual does not move.

First Tuesday · Feb · May · Aug · Nov

Sub-index family

Sector-adapted. Same discipline. Same quarterly ritual.

Each sub-index inherits the NPX-100 methodology hash and recalibrates axis weights to the information advantage of its sector. Methodology v0.1 in development — first publication aligns with the NPX-100 Q1 2027 cycle.

NPX-Financial-50 · GICS 40

NPX-Financial-50

EQ and GV upweighted for accounting opacity and systemic risk. Banks, asset managers, insurers. Target 50.

16 candidates · V leads at 90.7

NPX-Technology-50 · GICS 45

NPX-Technology-50

DH doubled for platform lock-in; SK elevated for developer NPS and net revenue retention. Target 50.

19 candidates · MSFT leads at 89.7

NPX-Industrial-50 · GICS 20

NPX-Industrial-50

CD and ST upweighted for ROIC discipline and operational framework specificity. Target 50.

13 candidates · ITW leads at 88.5

NPX-Healthcare-30 · GICS 35

NPX-Healthcare-30

EC highest-weighted of any NPX sub-index. Patient safety disclosure as primary differentiator. Target 30.

10 candidates · DHR leads at 88.6

NPX-Consumer-30 · GICS 30

NPX-Consumer-30

SK highest-weighted of any NPX sub-index. Brand trust and employee loyalty as durable advantage. Target 30.

8 candidates · COST leads at 87.3

All sub-index methodologies v0.1 · in development · not yet hash-committed · K-basis scores (steward estimates from public filings) · 0 constituents designated

View founding evaluation → Trustee tier sub-index access

The mic drops quarterly

Most indices publish a number. NPX-100 publishes a verdict.

Every constituent change carries a stated reason. Every reweighting carries a Brier prediction. Every prior cycle's predictions get scored at this cycle's publication. The constituent list isn't an outcome of a black-box optimization — it's a verdict by named stewards who carry personal accountability.

"The case is closed in 18 karat."

The full constituent list publishes with the first quarterly cycle. Trustee Tier sees it 24h early.

Trustee Tier → Brier ledger

The AEQUARA family

One discipline. Eleven surfaces.

Every sub-brand inherits the same NEXUS substrate · the same anti-issuer-pay firewall · the same Brier-tracking discipline · the same methodology-hash custody. Pick the surface that matches your work.

Contact

Questions about NPX-100? Talk to a steward.

Send a note with your organization and what you want to know about the index. The founder reads the inbox; you’ll get a scoping answer, not a sales sequence.

Talk to a steward →

Mail client not opening? Email hello@aequara.ai with subject “NPX-100 inquiry”.