Exact-instrument context
Mixedequity:CAVA
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Share uses the fixed apex URL for this exact class-qualified identity.
Price
Clock unavailable
Basket RS
Aug 17, 2026, 8:23 PM UTC
Index
Clock unavailable
Narrative
Clock unavailable
Attention
Clock unavailable
Flow
60-second read
PRIMARY identifies the governed peer Basket. CONTEXT memberships are shown separately and never enter the relative-strength denominator.
Subject-excluded Basket RS
branded-restaurant-operators-and-franchisors
Relative strength
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Rank
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Percentile
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No completed post activation session
Independent owner
Indexes ask a separate condition question. They are not peer assets and never enter Basket RS.
No frozen exact-ID Index relationship exists for this asset. No relationship is inferred from ticker or components.
Independent owner
A Narrative is a falsifiable hypothesis with evidence on both sides. Catalysts stay attached to that claim; they are not directional votes.
No frozen exact-ID Narrative hypothesis exists for this asset. Candidate or ticker-matched narratives are not promoted.
Independent packets
Each specialist keeps its own contract, state, reason, and clock. An unavailable or withheld specialist never changes identity, price, Basket RS, Index, or Narrative truth.
Crowd quality and attention evidence appear only after the Attention producer clears a public exact-ID contract.
Producer validation not cleared
Flow remains separate from price and Basket RS. No board row or directional vote is substituted here.
Producer validation not cleared
Research appears only through an owner-approved public projection. Private packets and credentials never cross this page.
Owner public projection not frozen
Inspectability
These identifiers make the read auditable without turning provenance into a score. Expand only what you need.
{
"mode": "current",
"as_of": "2026-08-18T15:36:20.319301Z",
"as_known_at": "2026-08-18T15:36:20.319301Z",
"assembled_at": "2026-08-18T15:36:20.348927Z"
}{
"identity_runtime_authority": "computed.basket_memberships",
"membership_runtime_authority": "computed.basket_publications",
"basket_numeric_runtime_authority": "computed.basket_numeric_publications",
"basket_numeric_read_used": true,
"price_runtime_authority": "raw.basket_price_capture_sets",
"price_read_used": true,
"family_link_runtime_authority": null,
"family_link_read_used": false,
"exact_instrument_id_only": true,
"browser_fanout_used": false,
"full_board_constructed": false,
"ticker_join_used": false,
"hub_value_recomputation_used": false,
"provider_calls_at_read": false,
"optional_owner_service_call_made": false,
"current_identity_applied_backward": false,
"working_row_fallback_used": false,
"yaml_runtime_fallback_used": false
}{
"exact_instrument_id_only": true,
"basket_rs_subject_excluded": true,
"index_as_peer": false,
"narrative_as_numeric_vote": false,
"attention_as_directional_vote": false,
"flow_as_directional_vote": false,
"research_as_numeric_vote": false,
"ticker_join_used": false,
"full_board_constructed": false,
"hub_value_recomputation_used": false,
"hidden_blend": false,
"recommendation": false,
"trading_authority": false
}Clock unavailable
Research
Clock unavailable
Branded Restaurant Operators & Franchisors
58bc4494-9d97-5178-8d1b-a038d223b51d
Membership 2026.08.branded-restaurant-operators-and-franchisors.v1
{
"memberships": {
"runtime_authority": "computed.basket_memberships",
"publication_runtime_authority": "computed.basket_publications",
"activation": {
"activation_id": "msbasketepoch:v1:131cf6fa85fdd36d119e9230abb80654dba042a55ff47b88cde2f432c1b50ef3",
"release_id": "basket-release:2026-08-15-consolidated-governed-baskets-v8",
"release_sequence": 8,
"catalog_revision_id": "c6289b50-2eb4-550f-8e15-f2c29e820f2b",
"publication_set_id": "8cc4cfbb-88d8-530d-8c40-132cea1afd94",
"manifest_sha256": "2e0084df92ee80efc81f8673d681682d617a02868d8e0b07e862a5f6e0c30a40",
"effective_from": "2026-08-15T00:00:00Z",
"effective_to": null,
"activated_at": "2026-08-15T05:26:57.214429Z",
"governed_basket_count": 99,
"graph_node_count": 103,
"graph_publication_count": 103,
"direct_member_count": 404,
"direct_primary_member_count": 404
},
"current_membership_applied_backward": false,
"yaml_runtime_fallback_used": false,
"ticker_join_used": false
},
"relative_strength": {
"membership": "computed.basket_publications",
"numeric": "computed.basket_numeric_publications",
"theme_fallback_used": false,
"home_niche_fallback_used": false,
"index_peer_assignment_used": false,
"legacy_schema_score_used": false
},
"denominator": {
"members": [
{
"symbol": "MCD",
"issuer_id": "issuer:mcdonalds-corp",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:mcd:v8",
"instrument_id": "equity:MCD",
"membership_id": "022033c7-c2bf-578a-a3a6-0f3c8451080a",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "SBUX",
"issuer_id": "issuer:starbucks-corp",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:sbux:v8",
"instrument_id": "equity:SBUX",
"membership_id": "a4542532-ba5f-5a83-a47a-3a38de1b2b30",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "YUM",
"issuer_id": "issuer:yum-brands-inc",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:yum:v8",
"instrument_id": "equity:YUM",
"membership_id": "c0380fd4-bcf4-5fe5-8abb-03f825285fbf",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "CMG",
"issuer_id": "issuer:chipotle-mexican-grill-inc",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:cmg:v8",
"instrument_id": "equity:CMG",
"membership_id": "884efcc5-4815-53ee-ba08-1e60cf1a894a",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "CAVA",
"issuer_id": "issuer:cava-group-inc",
"is_subject": true,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:cava:v8",
"instrument_id": "equity:CAVA",
"membership_id": "7c92930e-71c7-5ae8-bebc-dadd6f9e2482",
"capture_set_id": null,
"denominator_eligible": false,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "DPZ",
"issuer_id": "issuer:dominos-pizza-inc",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:dpz:v8",
"instrument_id": "equity:DPZ",
"membership_id": "647ad7fc-5b45-5ac6-8d40-e5c0f57da0d1",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "DRI",
"issuer_id": "issuer:darden-restaurants-inc",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:dri:v8",
"instrument_id": "equity:DRI",
"membership_id": "ea2d4474-c96a-5d22-a73a-2c6b93194098",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
},
{
"symbol": "QSR",
"issuer_id": "issuer:restaurant-brands-international-inc",
"is_subject": false,
"input_state": "PENDING",
"reason_codes": [
"NO_COMPLETED_POST_ACTIVATION_SESSION"
],
"activation_id": "basket-price:branded-restaurant-operators-and-franchisors:qsr:v8",
"instrument_id": "equity:QSR",
"membership_id": "1fcdf06f-3293-5a46-aa95-777bc10892b7",
"capture_set_id": null,
"denominator_eligible": true,
"end_price_revision_id": null,
"anchor_price_revision_id": null,
"denominator_weight": 0
}
],
"weighting": "equal_weight_subject_excluded_renormalized",
"subject_count": 8,
"subject_policy": "ALL_DIRECT_PRIMARY_MEMBERS",
"constituent_hash": "851db247d1958c57abe96a775bf22d80d261cc953de54bcdb4319e6bf6d61a9f",
"membership_version": "2026.08.branded-restaurant-operators-and-franchisors.v1",
"intended_member_count": 8,
"membership_publication_id": "30602214-f443-58e3-8dad-3733a7f52623",
"valid_peer_count_after_exclusion": 0,
"intended_peer_count_after_exclusion": 7,
"peer_instrument_ids": [
"equity:MCD",
"equity:SBUX",
"equity:YUM",
"equity:CMG",
"equity:DPZ",
"equity:DRI",
"equity:QSR"
],
"observed_member_coverage": 0,
"subject_instrument_id": "equity:CAVA",
"subject_excluded": true,
"valid_peer_instrument_ids": []
}
}{
"owner": "index",
"exact_instrument_id_selection": true,
"ticker_join_used": false,
"hub_value_recomputation_used": false,
"provider_calls_at_read": false
}{
"owner": "narrative",
"exact_instrument_id_selection": true,
"ticker_join_used": false,
"hub_value_recomputation_used": false,
"provider_calls_at_read": false
}{
"owner": "narrative",
"exact_instrument_id_selection": true,
"ticker_join_used": false,
"hub_value_recomputation_used": false,
"provider_calls_at_read": false
}