# Regime Comparison Analysis Report\n\n**Generated**: 2025-11-22 15:50:43\n\n## Executive Summary\n\nComparative regime analysis across 4 market segments using Hidden Markov Model detection. Analysis identifies synchronization patterns and divergences between different market areas.\n\n## Current Market Regimes\n\n- **Broad Market Index**: Sideways Market (Confidence: 68.2%)\n- **Technology Growth**: Sideways Market (Confidence: 48.5%)\n- **Defensive Utilities**: Bear Market (Confidence: 0.0%)\n- **International Emerging**: Sideways Market (Confidence: 55.3%)\n\n## Regime Correlation Matrix\n\nCorrelation between regime sequences (1.0 = perfect correlation):\n\n**Broad Market Index**:\n- vs Technology Growth: 0.019\n- vs Defensive Utilities: nan\n- vs International Emerging: -0.017\n\n**Technology Growth**:\n- vs Broad Market Index: 0.019\n- vs Defensive Utilities: nan\n- vs International Emerging: 0.027\n\n**Defensive Utilities**:\n- vs Broad Market Index: nan\n- vs Technology Growth: nan\n- vs International Emerging: nan\n\n**International Emerging**:\n- vs Broad Market Index: -0.017\n- vs Technology Growth: 0.027\n- vs Defensive Utilities: nan\n\n## Synchronization Analysis\n\n- **Average Synchronization**: 65.0%\n- **Maximum Synchronization**: 100.0%\n- **Minimum Synchronization**: 50.0%\n\n**High Synchronization Periods** (>80% agreement):\n- 2 days out of 250 total\n- 0.8% of analysis period\n\n## Regime Distribution by Asset\n\n### Broad Market Index\n\n- **Bear Market**: 39 days (15.6%)\n- **Sideways Market**: 173 days (69.2%)\n- **Bull Market**: 38 days (15.2%)\n\n### Technology Growth\n\n- **Bear Market**: 21 days (8.4%)\n- **Sideways Market**: 214 days (85.6%)\n- **Bull Market**: 15 days (6.0%)\n\n### Defensive Utilities\n\n- **Bear Market**: 250 days (100.0%)\n\n### International Emerging\n\n- **Bear Market**: 20 days (8.0%)\n- **Sideways Market**: 208 days (83.2%)\n- **Bull Market**: 22 days (8.8%)\n\n## Interpretation\n\n### Market Synchronization\nMarkets show **moderate synchronization**, with some common drivers but also segment-specific patterns.\n\n### Diversification Implications\nMixed regime correlations suggest **selective diversification opportunities** depending on specific asset combinations.\n\n