The Palanor Indices
The instruments Palanor builds to read what the singular series cannot.
Anyone can show you CPI. Anyone can show you the VIX. Palanor builds composites — transparently disclosed, weight-by-weight, with public-source components.
The Palanor Indices
Anyone can show you CPI. Anyone can show you the VIX. Palanor builds composites — transparently disclosed, weight-by-weight, with public-source components.
What management is actually saying. Composite of cross-cohort sentiment, confidence, and revenue guidance — extracted from every earnings transcript Palanor reads.
The Boardroom Index is the historical percentile of three lenses on what public-company management is communicating, extracted directly from earnings call transcripts: average sentiment across the cohort, average confidence (distinct from sentiment — captures hedging), and the net revenue guidance direction (% companies raising minus % lowering). High readings mean management is collectively confident and forward-leaning. Low readings mean management is collectively cautious or hedging.
What they are saying, said in one number.
Sentiment captures tone. Confidence captures conviction — companies often say optimistic things while hedging every forward statement. Revenue guidance direction captures the financial commitment. A high boardroom reading requires all three: positive tone, firm commitment, and net upward revenue revisions. Any single dimension can mislead — the composite makes management coherent or makes the inconsistency legible.
0-25 (CAUTIOUS): cohort-wide hedging, lowered guidance, defensive tone. The corporate sector is bracing. 25-50 (WATCHFUL): mixed signals. 50-75 (OPTIMISTIC): meaningfully positive across the cohort. 75-100 (EUPHORIC): rare. Past Boardroom highs in late 2020 (post-COVID stimulus) and 2021 (peak AI/SPAC enthusiasm) preceded re-ratings. A high reading is not a buy signal — it is a read on how much complacency is priced into corporate communication.
Management is biased. Optimism on earnings calls is the baseline; lowered guidance is a meaningful negative signal but the population of recent transcripts is small (60-100 per quarter for tracked cohort). The index becomes more stable as the cohort expands beyond megacap. Treat as a regime read on corporate posture, not a tactical signal.
Every component, every weight. The 30-day spark shows how the underlying series has moved; the transform column shows how it converts to a comparable scale before weighting. Direction indicates whether rising values raise or lower the index.
| Component | Source | Weight | Direction | Transform | 30d | 24h | 30d Δ | Now contributing |
|---|---|---|---|---|---|---|---|---|
| Public Sentiment (Discourse) | Palanor | 40% | positive | zscore_24m | ▲ 0.075 | ▲ 0.213 | +0.910 | |
| Discourse Leader Confidence | Palanor | 30% | positive | zscore_24m |
Numen for the public read:
Palanor reads boardroom as elevated at 73.2 of 100 — well above its 24-month neutral. The composite is leaning into the regime, not against it.
24-month history of this index. The composite is recomputed daily; values are stored with timestamps.
| # | Computed at | Value | Δ |
|---|---|---|---|
| 110 | 8/25/2026, 8:45:44 AM | 73.1614 | +0.0739 |
| 109 | 8/24/2026, 8:45:43 AM | 73.0875 | +0.3377 |
| 108 | 8/23/2026, 8:45:43 AM | 72.7498 | -0.4285 |
| 107 | 8/22/2026, 8:45:43 AM | 73.1783 | -0.1916 |
| 106 | 8/21/2026, 8:46:41 AM | 73.3699 | +0.4989 |
| 105 | 8/20/2026, 8:45:52 AM | 72.8710 | -1.3731 |
| 104 | 8/19/2026, 8:46:43 AM | 74.2441 | +0.0028 |
| 103 | 8/18/2026, 8:45:53 AM | 74.2413 | +0.2902 |
| 102 | 8/17/2026, 8:45:52 AM | 73.9511 | +0.0676 |
| 101 | 8/16/2026, 8:45:53 AM | 73.8835 | +0.0678 |
| 100 | 8/15/2026, 8:45:53 AM | 73.8156 | +0.0680 |
| 99 | 8/14/2026, 8:46:47 AM | 73.7476 | +0.0682 |
| 98 | 8/13/2026, 8:45:52 AM | 73.6794 | -0.2871 |
| 97 | 8/12/2026, 8:45:44 AM | 73.9665 | -0.2843 |
| 96 | 8/11/2026, 8:45:43 AM | 74.2508 | +1.1619 |
| 95 | 8/10/2026, 8:45:20 AM | 73.0889 | +0.7261 |
| 94 | 8/9/2026, 8:46:14 AM | 72.3628 | +0.0801 |
| 93 | 8/8/2026, 8:45:19 AM | 72.2827 | +0.0804 |
| 92 | 8/7/2026, 8:45:20 AM | 72.2023 | +0.0799 |
| 91 | 8/6/2026, 8:45:19 AM | 72.1224 | +0.3444 |
| 90 | 8/5/2026, 8:45:13 AM | 71.7780 | +0.7934 |
| 89 | 8/4/2026, 8:45:24 AM | 70.9845 | 0.0000 |
| 88 | 8/4/2026, 8:45:18 AM | 70.9845 | +0.5166 |
| 87 | 8/3/2026, 8:45:24 AM | 70.4680 | 0.0000 |
| 86 | 8/3/2026, 8:45:19 AM | 70.4680 | +0.1418 |
| 85 | 8/2/2026, 8:45:23 AM | 70.3262 | 0.0000 |
| 84 | 8/2/2026, 8:45:17 AM | 70.3262 | +0.1428 |
| 83 | 8/1/2026, 8:45:39 AM | 70.1834 | 0.0000 |
| 82 | 8/1/2026, 8:45:21 AM | 70.1834 | +0.9660 |
| 81 | 7/31/2026, 8:45:40 AM | 69.2174 | 0.0000 |
| 80 | 7/31/2026, 8:45:21 AM | 69.2174 | +1.0698 |
| 79 | 7/30/2026, 8:45:40 AM | 68.1477 | 0.0000 |
| 78 | 7/30/2026, 8:45:21 AM | 68.1477 | -0.0930 |
| 77 | 7/29/2026, 8:45:40 AM | 68.2407 | 0.0000 |
| 76 | 7/29/2026, 8:45:21 AM | 68.2407 | +0.0281 |
| 75 | 7/28/2026, 8:45:39 AM | 68.2126 | 0.0000 |
| 74 | 7/28/2026, 8:45:21 AM | 68.2126 | +1.8989 |
| 73 | 7/27/2026, 8:45:39 AM | 66.3136 | 0.0000 |
| 72 | 7/27/2026, 8:45:21 AM | 66.3136 | +0.2027 |
| 71 | 7/26/2026, 8:45:31 AM | 66.1109 | 0.0000 |
| 70 | 7/26/2026, 8:45:31 AM | 66.1109 | +0.1781 |
| 69 | 7/25/2026, 8:45:31 AM | 65.9328 | 0.0000 |
| 68 | 7/25/2026, 8:45:22 AM | 65.9328 | +0.1109 |
| 67 | 7/25/2026, 8:12:41 AM | 65.8219 | 0.0000 |
| 66 | 7/25/2026, 8:12:15 AM | 65.8219 | 0.0000 |
| 65 | 7/25/2026, 8:11:29 AM | 65.8219 | 0.0000 |
| 64 | 7/25/2026, 6:49:36 AM | 65.8219 | +0.6184 |
| 63 | 7/24/2026, 8:45:46 AM | 65.2035 | 0.0000 |
| 62 | 7/24/2026, 8:45:33 AM | 65.2035 | +1.4207 |
| 61 | 7/23/2026, 8:45:46 AM | 63.7827 | 0.0000 |
| 60 | 7/23/2026, 8:45:34 AM | 63.7827 | +2.2005 |
| 59 | 7/22/2026, 8:45:50 AM | 61.5822 | +0.6701 |
| 58 | 7/21/2026, 8:45:50 AM | 60.9120 | +0.1221 |
| 57 | 7/20/2026, 8:45:50 AM | 60.7899 | +0.1607 |
| 56 | 7/19/2026, 8:45:50 AM | 60.6292 | +0.1621 |
| 55 | 7/18/2026, 8:45:52 AM | 60.4671 | -0.7452 |
| 54 | 7/17/2026, 8:45:50 AM | 61.2123 | +1.3919 |
| 53 | 7/16/2026, 8:45:19 AM | 59.8204 | -0.0971 |
| 52 | 7/15/2026, 8:45:27 AM | 59.9174 | +0.3431 |
| 51 | 7/14/2026, 8:45:22 AM | 59.5743 | +0.3466 |
| 50 | 7/13/2026, 8:45:27 AM | 59.2276 | +0.1734 |
| 49 | 7/12/2026, 8:45:27 AM | 59.0542 | +0.1749 |
| 48 | 7/11/2026, 8:45:41 AM | 58.8793 | +0.1766 |
| 47 | 7/10/2026, 8:45:19 AM | 58.7028 | +0.1783 |
| 46 | 7/9/2026, 8:45:58 AM | 58.5245 | +0.1793 |
| 45 | 7/8/2026, 8:45:58 AM | 58.3452 | +0.1814 |
| 44 | 7/7/2026, 8:45:59 AM | 58.1638 | -0.5688 |
| 43 | 7/6/2026, 8:45:59 AM | 58.7326 | +0.1776 |
| 42 | 7/5/2026, 8:45:58 AM | 58.5551 | +0.1793 |
| 41 | 7/4/2026, 8:45:59 AM | 58.3758 | +0.1811 |
| 40 | 7/3/2026, 8:45:59 AM | 58.1946 | -0.2521 |
| 39 | 7/2/2026, 8:45:59 AM | 58.4467 | +0.1808 |
| 38 | 7/1/2026, 8:45:40 AM | 58.2659 | +0.0386 |
| 37 | 6/30/2026, 8:45:41 AM | 58.2274 | +0.4964 |
| 36 | 6/29/2026, 8:45:55 AM | 57.7309 | +0.1907 |
| 35 | 6/28/2026, 8:45:56 AM | 57.5402 | +0.1928 |
| 34 | 6/27/2026, 8:45:55 AM | 57.3475 | +0.1949 |
| 33 | 6/26/2026, 8:45:55 AM | 57.1525 | +0.1972 |
| 32 | 6/25/2026, 8:45:34 AM | 56.9553 | +1.2983 |
| 31 | 6/24/2026, 8:45:35 AM | 55.6570 | +0.2129 |
| 30 | 6/23/2026, 8:45:09 AM | 55.4442 | -0.6510 |
| 29 | 6/22/2026, 8:45:10 AM | 56.0951 | -9.7106 |
| 28 | 6/21/2026, 8:45:12 AM | 65.8057 | +0.0749 |
| 27 | 6/20/2026, 8:45:17 AM | 65.7308 | +0.0006 |
| 26 | 6/19/2026, 8:45:17 AM | 65.7303 | -0.0007 |
| 25 | 6/18/2026, 8:45:37 AM | 65.7310 | +1.7692 |
| 24 | 6/17/2026, 8:45:28 AM | 63.9618 | +0.0060 |
| 23 | 6/16/2026, 8:45:14 AM | 63.9558 | +0.0047 |
| 22 | 6/15/2026, 8:45:15 AM | 63.9512 | -0.5384 |
| 21 | 6/14/2026, 8:45:45 AM | 64.4895 | -0.0071 |
| 20 | 6/13/2026, 8:45:13 AM | 64.4966 | -0.0090 |
| 19 | 6/12/2026, 8:45:22 AM | 64.5056 | -0.0110 |
| 18 | 6/11/2026, 8:45:28 AM | 64.5166 | -0.0132 |
| 17 | 6/10/2026, 8:45:44 AM | 64.5298 | -0.0360 |
| 16 | 6/9/2026, 8:45:56 AM | 64.5657 | -0.5979 |
| 15 | 6/8/2026, 10:53:09 PM | 65.1636 | 0.0000 |
| 14 | 6/8/2026, 8:45:39 AM | 65.1636 | -0.0319 |
| 13 | 6/7/2026, 8:45:35 AM | 65.1955 | -0.0352 |
| 12 | 6/6/2026, 8:45:34 AM | 65.2308 | -0.0387 |
| 11 | 6/5/2026, 8:45:57 AM | 65.2695 | +5.7674 |
| 10 | 6/4/2026, 7:12:15 PM | 59.5021 | 0.0000 |
| 9 | 6/4/2026, 4:21:27 PM | 59.5021 | 0.0000 |
| 8 | 6/4/2026, 4:20:35 PM | 59.5021 | 0.0000 |
| 7 | 6/4/2026, 4:20:09 PM | 59.5021 | +12.4651 |
| 6 | 6/4/2026, 8:45:44 AM | 47.0370 | -0.9993 |
| 5 | 6/3/2026, 8:45:18 AM | 48.0363 | +3.4530 |
| 4 | 6/2/2026, 8:45:35 AM | 44.5833 | +5.3073 |
| 3 | 6/2/2026, 3:48:37 AM | 39.2760 | 0.0000 |
| 2 | 6/2/2026, 3:13:30 AM | 39.2760 | 0.0000 |
| 1 | 6/2/2026, 3:02:32 AM | 39.2760 | — |
https://fred.stlouisfed.org/https://www.atlantafed.org/researchhttps://www.clevelandfed.org/our-research/indicators-and-datahttps://data.oecd.org/leadind/consumer-confidence-index-cci.htmhttps://www.cnn.com/markets/fear-and-greedhttps://trends.google.com/Stewards see Palanor Indices tuned to their mandate.
Community discussion
Create a free account or sign in to comment, upvote, and earn Influencer Credits.
No comments yet. Start the conversation.
| 0.00 |
| ▲ 0.018 |
| +0.074 |
| Discourse Revenue Guidance (Net) | Palanor | 30% | positive | zscore_24m | 0.00 | ▲ 0.043 | -0.058 |