Here's an example conjecture that will help you organize your thoughts, as well as a checklist to run through before submitting a new conjecture.
📜Example: The return on shares of XOM (Exxon Mobil) over x period of time will be positive if USO (Oil) drops by a significant amount (>1%)
☑The conjecture is Testable. i.e, the conjectures vision is clear enough that someone could write a computer program to test it.
☑The conjecture relies on accessible data. i.e, the conjecture must use data that we can reasonably get a hold of. For example, the price of Microsoft shares throughout history is accessible, but the exact number of Apple iPhones sold in Mindanao Phillipines is not.
☑The conjecture is simple. i.e, the conjecture needs to be able to be explained in 5 minutes or less. It should typically include only an explanatory variable and a response variable and be distillable
☑The conjecture relates to a known market phenomena. The conjecture should be grounded in common sense and commonly known market events. i.e, it should relate to something currently written about in academic journals or market publications (the news).