:root{--ink:var(--color-navy);--muted:#626574;--rule:#dcdde5;--wash:var(--color-lavender);--green:#286958;--orange:#a55230;--paper:var(--color-paper)}*{box-sizing:border-box;letter-spacing:0}html{scroll-behavior:smooth;scroll-padding-top:36px}body{background:var(--paper);color:var(--ink);-webkit-font-smoothing:antialiased;margin:0;font:16px/1.55 Helvetica Neue,Arial,sans-serif}button,input,select{font:inherit;color:inherit}button,a,input,summary{touch-action:manipulation}a{color:inherit;text-underline-offset:4px}button{cursor:pointer}button:disabled{opacity:.32;cursor:default}button:focus-visible,a:focus-visible,input:focus-visible,summary:focus-visible{outline:2px solid var(--green);outline-offset:4px}h1,h2,h3,p{margin:0}h1,h2,h3{font-family:var(--font-display);font-weight:500;line-height:1.06}h1{font-size:62px}h2{font-size:39px}h3{font-size:28px}small{font-size:13px}.wrap{max-width:1320px;margin:auto;padding:0 44px}.preview{background:var(--wash);border-bottom:1px solid var(--rule);font-size:12px}.preview .wrap{justify-content:space-between;padding-top:8px;padding-bottom:8px;display:flex}.title-block{justify-content:space-between;align-items:flex-end;gap:30px;padding:48px 0 34px;display:flex}.eyebrow{color:var(--muted);margin-bottom:14px;font-size:12px}.title-block p{max-width:610px;color:var(--muted);margin-top:16px;font-size:17px}.edition{min-width:176px;padding-bottom:5px;font-size:13px;line-height:1.7}.edition strong{font-weight:500;display:block}.dot{background:var(--green);border-radius:50%;width:6px;height:6px;margin-right:7px;display:inline-block}.layout{grid-template-columns:160px minmax(0,1fr);gap:50px;display:grid}.rail{height:max-content;padding-top:35px;font-size:13px;position:sticky;top:28px}.rail a{border-left:1px solid var(--rule);color:var(--muted);padding:9px 0 9px 16px;text-decoration:none;display:block}.rail a.active{border-left:2px solid var(--ink);color:var(--ink);font-weight:500}.rail .rail-end{margin-top:28px;padding-left:16px;font-size:12px;line-height:1.9}.rail-end a{border:0;padding:0;text-decoration:underline}.content{min-width:0}section{border-top:1px solid var(--rule);padding:36px 0 50px;scroll-margin-top:25px}section:first-child{padding-top:30px}.section-head{justify-content:space-between;align-items:baseline;gap:18px;margin-bottom:25px;display:flex}.section-head p{color:var(--muted);max-width:650px;margin-top:12px;font-size:14px}.section-no{color:var(--muted);vertical-align:middle;margin-right:12px;font:12px Helvetica Neue,Arial,sans-serif}.overview{grid-template-columns:1fr 1fr;gap:38px;display:grid}.stance{color:var(--green);align-items:center;gap:8px;font-size:15px;font-weight:500;display:flex}.forecast{font-variant-numeric:tabular-nums;margin:14px 0 10px;font-size:66px;font-weight:400;line-height:1.15}.forecast span{color:var(--muted);margin-left:8px;font-size:14px}.summary-copy{max-width:370px;color:var(--muted);font-size:15px}.meter{margin-top:25px}.meter-track{background:linear-gradient(90deg,#ccdfd7 0% 49.7%,#a9aab4 49.7% 50.3%,#ead4c9 50.3%);height:6px;margin-bottom:9px;position:relative}.meter-track:after{content:"";left:var(--position);background:var(--ink);width:2px;height:18px;position:absolute;top:-6px}.meter-label{color:var(--muted);justify-content:space-between;font-size:11px;display:flex}.valuation{border-left:1px solid var(--rule);padding-left:34px}.label{color:var(--muted);margin-bottom:10px;font-size:13px}.valuation h3{margin-bottom:22px}.bar-label{justify-content:space-between;margin-bottom:8px;font-size:13px;display:flex}.bar-label strong{font-size:15px;font-weight:500}.bar-track{background:#f0f1f5;height:14px;margin-bottom:19px}.bar-track i{background:var(--ink);height:100%;display:block}.bar-track.fitted i{background:#b5b8cc}.valuation .small-note{color:var(--muted);margin-top:20px;font-size:13px}.facts{border-top:1px solid var(--rule);grid-template-columns:repeat(3,1fr);gap:18px;margin-top:30px;padding-top:20px;display:grid}.facts dt{color:var(--muted);font-size:12px}.facts dd{font-variant-numeric:tabular-nums;margin:6px 0 0;font-size:20px}.facts small{color:var(--muted);font-size:12px}.toolbar{flex-wrap:wrap;justify-content:space-between;align-items:center;gap:16px;margin-bottom:18px;display:flex}.tabs{flex-wrap:wrap;gap:4px;display:flex}.tabs button{background:0 0;border:0;border-bottom:2px solid #0000;min-height:38px;padding:8px 12px;font-size:12px}.tabs button[aria-pressed=true]{background:var(--wash);border-color:var(--ink)}.tabs button:hover{background:#f1f2f7}.tools{align-items:center;gap:4px;display:flex}.tools button{border:1px solid var(--rule);background:0 0;border-radius:0;width:38px;height:38px;font-size:20px}.range-text{color:var(--muted);font-variant-numeric:tabular-nums;font-size:12px}.chart-legend{flex-wrap:wrap;align-items:center;gap:22px;margin-bottom:10px;font-size:13px;display:flex}.key{background:var(--ink);vertical-align:middle;width:16px;height:2px;margin-right:6px;display:inline-block}.key.btc{background:var(--orange)}.key.gross{background:#9296aa}.chart-label{color:var(--muted);justify-content:space-between;gap:12px;min-height:20px;margin-bottom:8px;font-size:12px;display:flex}.canvas-shell{height:250px;position:relative}.canvas-shell.forecast-shell{height:146px;margin-top:0}.canvas-shell.perf-shell{height:320px}.canvas-shell.diagnostic-shell{height:230px}.canvas-shell canvas{touch-action:pan-y;width:100%;height:100%;display:block}.chart-separator{border-top:1px solid var(--rule);margin-top:15px;padding-top:18px}.insight-line{border-left:2px solid var(--green);color:var(--muted);margin-top:24px;padding:2px 0 2px 15px;font-size:14px}.insight-line strong{color:var(--ink);font-weight:500}.metric-strip{grid-template-columns:repeat(3,1fr);gap:18px;margin:0 0 25px;display:grid}.metric-strip dt{color:var(--muted);font-size:12px}.metric-strip dd{font-variant-numeric:tabular-nums;margin:5px 0 0;font-size:27px;line-height:1.3}.metric-strip dd span{color:var(--muted);font-size:12px}.metric-strip .negative{color:var(--orange)}.period-key{flex-wrap:wrap;gap:22px;padding:12px 0 19px;font-size:12px;display:flex}.period-key span{align-items:center;gap:7px;display:flex}.swatch{background:#edeef4;width:10px;height:10px}.swatch.pub{background:#dcdfeb}.date-controls{border-top:1px solid var(--rule);justify-content:space-between;align-items:flex-end;gap:14px;margin-top:4px;padding:18px 0;display:flex}.date-inputs{flex-wrap:wrap;gap:16px;display:flex}.date-inputs label{color:var(--muted);gap:5px;font-size:11px;display:grid}.date-inputs input{border:1px solid var(--rule);background:#fff;max-width:154px;min-height:36px;padding:7px;font-size:12px}.navigator{margin:2px 0 15px}.navigator input{width:100%;accent-color:var(--ink);cursor:ew-resize;height:20px;margin:0}.footnote{color:var(--muted);margin-top:14px;font-size:12px;line-height:1.65}.history-table{border-collapse:collapse;width:100%;margin-top:22px;font-size:13px}.history-table th,.history-table td{text-align:right;border-bottom:1px solid var(--rule);font-variant-numeric:tabular-nums;padding:12px 9px}.history-table th:first-child,.history-table td:first-child{text-align:left;padding-left:0}.history-table th{color:var(--muted);font-size:12px;font-weight:400}.history-table td:last-child{padding-right:0}.history-table tbody tr:last-child td{border-bottom:0}.history-table caption{text-align:left;padding:0 0 6px;font-size:14px}.diagnostic-controls{margin-bottom:20px}.diagnostic-copy{color:var(--muted);max-width:660px;margin-top:18px;font-size:14px}.position-head{justify-content:space-between;align-items:center;gap:16px;display:flex}.capital{font-size:13px}.position-grid{grid-template-columns:1fr 1fr;gap:28px;margin-top:25px;display:grid}.position-grid article{border-top:2px solid var(--green);padding-top:18px}.position-grid article:last-child{border-top-color:var(--orange)}.position-grid h3{font-size:27px}.position-grid strong{margin:12px 0 2px;font-size:26px;font-weight:400;display:block}.position-grid p{color:var(--muted);font-size:13px}.position-grid a{font-size:12px}.method-intro{color:#484b5a;max-width:680px;margin-bottom:25px;font-size:17px;line-height:1.7}details{border-bottom:1px solid var(--rule);padding:17px 0}summary{cursor:pointer;font-size:15px;font-weight:500}details p{max-width:670px;color:var(--muted);margin-top:14px;font-size:14px;line-height:1.8}.research-link{justify-content:space-between;align-items:center;gap:20px;padding:25px 0;font-size:14px;display:flex}.research-link a{font-size:13px}.footer{background:var(--wash);color:var(--muted);margin-top:35px;padding:36px 0;font-size:12px}.footer .wrap{justify-content:space-between;gap:30px;display:flex}.footer p{max-width:710px}.footer strong{color:var(--ink);margin-bottom:9px;font-weight:500;display:block}.tooltip{pointer-events:none;z-index:3;border:1px solid var(--rule);background:#fff;min-width:136px;max-width:240px;padding:10px 12px;font-size:12px;line-height:1.8;display:none;position:absolute;box-shadow:0 4px 16px #1113230d}.tooltip b{font-weight:500}.tooltip .tip-row{justify-content:space-between;gap:20px;display:flex}button[aria-pressed],input{transition:background .15s}.page-note{color:var(--muted);font-size:12px}.sr{clip-path:inset(50%);width:1px;height:1px;position:absolute;overflow:hidden}@media (width>=1500px){.wrap{max-width:1430px}.layout{grid-template-columns:180px minmax(0,1fr);gap:65px}.canvas-shell{height:275px}}@media (width<=1000px){.wrap{padding:0 26px}.layout{grid-template-columns:1fr;gap:0}.rail{white-space:nowrap;-webkit-overflow-scrolling:touch;gap:20px;padding:0 0 20px;display:flex;position:static;overflow-x:auto}.rail a{border:0;padding:8px 0}.rail a.active{border:0;border-bottom:2px solid var(--ink)}.rail-end{display:none}.title-block{padding-top:35px}h1{font-size:52px}}@media (width<=600px){.wrap{padding:0 20px}.preview .wrap{gap:12px;font-size:10px}.title-block{padding:28px 0 24px;display:block}h1{font-size:42px}h2{font-size:33px}.title-block p{margin-top:13px;font-size:15px}.edition{align-items:center;gap:8px;margin-top:20px;font-size:12px;display:flex}.edition strong{display:inline}.edition .edition-time{display:none}.eyebrow{font-size:11px}.rail{gap:20px;padding-bottom:12px;font-size:12px}section{padding:27px 0 35px}.overview{grid-template-columns:1fr;gap:30px}.forecast{font-size:58px}.valuation{border-left:0;border-top:1px solid var(--rule);padding:25px 0 0}.valuation h3{margin-bottom:18px;font-size:25px}.facts{gap:12px}.facts dd{font-size:18px}.facts dt,.facts small{font-size:11px}.section-head{margin-bottom:20px;display:block}.section-head p{font-size:13px}.section-head .page-note{margin-top:14px;display:block}.section-no{display:none}.tabs{gap:1px}.tabs button{padding:7px 9px;font-size:11px}.toolbar{gap:12px}.range-text{font-size:11px}.canvas-shell{height:228px}.canvas-shell.perf-shell{height:260px}.metric-strip{gap:12px}.metric-strip dd{font-size:23px}.metric-strip dt{font-size:11px}.metric-strip dd span{display:block}.date-controls{flex-direction:column;align-items:flex-start;gap:12px}.date-inputs{width:100%}.date-inputs label{flex:1}.date-inputs input{width:100%;min-width:0;max-width:none}.period-key{gap:10px;font-size:10px}.history-table{font-size:11px}.history-table th,.history-table td{padding:11px 5px}.history-table th{font-size:10px}.position-head{display:block}.capital{margin-top:20px}.position-grid{gap:20px}.position-grid h3{font-size:24px}.position-grid strong{font-size:22px}.position-grid p{font-size:12px}.footer .wrap{display:block}.footer p{margin-top:20px}.research-link{flex-direction:column;align-items:flex-start;gap:8px}.chart-legend{gap:15px;font-size:12px}.chart-label{font-size:11px}.insight-line{font-size:13px}}@media (prefers-reduced-motion:reduce){html{scroll-behavior:auto}*{transition:none!important}}.stale-warning{border-left:2px solid var(--orange);background:var(--wash);margin:0 0 24px;padding:10px 16px;font-size:14px}.forecast span{font-size:14px}.caption-date{color:var(--muted)}canvas:focus-visible{outline:2px solid var(--green);outline-offset:3px}details p+p{margin-top:14px}