<result> <column_name>v2nd%</column_name> <family>multiplicative</family> <subtype>ratio_multiplicative</subtype> <confidence>0.55</confidence> <requires_user_confirmation>true</requires_user_confirmation> <sum_meaningful>false</sum_meaningful> <signed>true</signed> <reducers> <primary_reducer>product</primary_reducer> <valid_reducers>product, geomean, min, max</valid_reducers> <excluded_reducers>sum (meaningless for ratios/rates), arithmetic_mean (wrong average for compounding rates)</excluded_reducers> <average_semantics>geometric_mean</average_semantics> </reducers> <inner_outer_measure> <inner_measure_reducer>min</inner_measure_reducer> <outer_measure_reducer>max</outer_measure_reducer> </inner_outer_measure> <multiplicative_partner_derivable>false</multiplicative_partner_derivable> <reasoning>The table is PATH with a Date sequence axis, so a multiplicative measure is plausible. The name token "%" and the percent-formatted sample values (e.g. -61.4%, 0.0%) suggest a percent-change or rate column, which would compound along the sequence via the factor 1 + x/100. The column is VARCHAR with placeholder values ("-", empty), so there are no numeric statistics and no reconstruction evidence. Confidence is therefore moderate, and the column needs parsing before use. It could also be a non-compounding percentage share, so a human should confirm.</reasoning> <table_type_conflict>false</table_type_conflict> </result>