Trans500 24 04 04 Pietra Guimaraes A Pietra Wee... May 2026

Unlike traditional volatility measures, the DSSI incorporates real‑time port congestion data, shipping container rates (FBX index), and diesel futures backwardation. Guimaraes noted: “By April 2024, we observed a 34% divergence between the Trans500 and broader equity markets – a signal of idiosyncratic logistics risk not captured by beta.”

Rival firm Transport Analytics argued that the DSSI overweights Panama Canal water levels, which have a non‑linear impact. Guimaraes countered that the model’s backtests from 2020‑2023 show a Sharpe ratio improvement of 0.42. Trans500 24 04 04 Pietra Guimaraes A Pietra Wee...

– In a 47‑page white paper released today, Trans500 Research analysts Pietra Guimaraes (Head of LatAm Logistics) and A. Pietra Wee (Senior Quantitative Modeler) introduced a novel “Dynamic Supply Chain Stress Index” (DSSI) applied to the Trans500 index, a proprietary basket of 500 global transportation firms with market caps between $500M and $10B. – In a 47‑page white paper released today,