Skip to main content

Trail

trail-py

The reference implementation of Trail - a small, total, declarative language for computing financial indicators, scores, and screening strategies over panels of securities. Trail expressions compile to vectorized Polars operations.

The language specification (grammar, reference, standard library) lives in trail-language/spec.

model quality on us_main period annual {
    operating_margin = income.operating_income / income.revenue
    score om_score weight 7 {
        2 if operating_margin > 0.12
        1 if operating_margin > 0.05
        else 0
    }
    export composite = weighted_score()
}

Install

pip install trail-lang        # or: uv add trail-lang

CLI

trail validate models/quality.trail                 # parse, kind-check, dry-run
trail run models/quality.trail --model quality      # evaluate a model
trail run models/quality.trail --model quality --config trail.yaml
trail catalog                                       # discover fields, functions, sources
trail catalog income                                # fields in a namespace
trail catalog cagr                                  # describe a function

The standard library is loaded implicitly; pass --no-stdlib to opt out.

Library

from trail.pipeline import prepare
from trail.compiler import compile_model
from trail.fixtures import load_panel  # a bundled demo panel

program = prepare("model m { export margin = income.operating_income / income.revenue }")
model = next(d for d in program.decls if type(d).__name__ == "ModelDecl")
result = compile_model(model, {}).run(load_panel())

Architecture

Parser (Lark LALR) → typed AST → macro expansion (def inlining) → kind-checked validation → Polars compiler. The engine carries only irreducible primitives; the large derived function library is written in Trail itself and shipped as trail/stdlib/*.trail (canonical copy in the spec).

Development

uv sync
uv run pytest -q
uv run ruff check .

License

MIT.

Download files

Download the file for your platform. If you're not sure which to choose, learn more about installing packages.

Source Distribution

trail_lang-0.5.0.tar.gz (76.9 kB view details)

Uploaded Source

Built Distribution

If you're not sure about the file name format, learn more about wheel file names.

trail_lang-0.5.0-py3-none-any.whl (38.2 kB view details)

Uploaded Python 3

File details

Details for the file trail_lang-0.5.0.tar.gz.

File metadata

  • Download URL: trail_lang-0.5.0.tar.gz
  • Upload date:
  • Size: 76.9 kB
  • Tags: Source
  • Uploaded using Trusted Publishing? Yes
  • Uploaded via: twine/6.1.0 CPython/3.13.12

File hashes

Hashes for trail_lang-0.5.0.tar.gz
Algorithm Hash digest
SHA256 36762a3f17701d87045b346fbc04623ba581855cce6729798ded121129ab3dc7
MD5 6cc6de96887542ebe5d478ff45bdd561
BLAKE2b-256 dabe56be548ae9e04e756b7a766dfc180d082a556fdb76844e7a21a67853d50b

See more details on using hashes here.

Provenance

The following attestation bundles were made for trail_lang-0.5.0.tar.gz:

Publisher: release.yml on trail-language/trail-py

Attestations: Values shown here reflect the state when the release was signed and may no longer be current.

File details

Details for the file trail_lang-0.5.0-py3-none-any.whl.

File metadata

  • Download URL: trail_lang-0.5.0-py3-none-any.whl
  • Upload date:
  • Size: 38.2 kB
  • Tags: Python 3
  • Uploaded using Trusted Publishing? Yes
  • Uploaded via: twine/6.1.0 CPython/3.13.12

File hashes

Hashes for trail_lang-0.5.0-py3-none-any.whl
Algorithm Hash digest
SHA256 15c531eb9555222558964407e2ca8ac82ccfe450eda680eab5aa9120a59c1b09
MD5 1a14d6095991b043d06f1615f0c1da14
BLAKE2b-256 a6523df5c0bd21712fc3e2ed22959d4903768e0487e3c22e07fb8c231b243d17

See more details on using hashes here.

Provenance

The following attestation bundles were made for trail_lang-0.5.0-py3-none-any.whl:

Publisher: release.yml on trail-language/trail-py

Attestations: Values shown here reflect the state when the release was signed and may no longer be current.

Release history Release notifications | RSS feed

0.18.0

2 files

0.14.0

2 files

0.13.0

2 files

0.12.0

2 files

0.11.0

2 files

0.10.0

2 files

0.9.0

2 files

0.8.0

2 files

0.7.0

2 files

0.6.0

2 files

This release

0.5.0 This release

2 files

0.4.0

2 files

0.3.0

2 files

0.2.0

2 files

0.1.0

2 files

Anthropic, PBC Visionary sponsor Bloomberg Visionary sponsor Hudson River Trading Visionary sponsor Meta Visionary sponsor NVIDIA Visionary sponsor Microsoft Sustainability sponsor Depot Continuous Integration AWS Cloud computing and Security Sponsor Datadog Monitoring Fastly CDN Google Download Analytics Sentry Error logging StatusPage Status page