\begin{landscape} \begin{table}[htbp] \centering \small \caption{Rolling Realized Beta Change Regressions (30-min Window)} \label{tab:rolling_delta_beta_30min} \begin{threeparttable} \begin{tabular}{lcccccc} \toprule & VIX Futures & 10Y T-Note & 5Y T-Note & Dollar Index & Crude Oil WTI & Gold \\ \midrule Intercept & -0.2364 & 0.0098 & -0.0025 & 0.0058 & -0.0933 & 0.1275* \\ & (0.1651) & (0.0192) & (0.0134) & (0.0074) & (0.0650) & (0.0758) \\ Stance & -0.0190 & 0.0118 & 0.0195 & 0.0137 & -0.0008 & 0.1244 \\ & (0.2653) & (0.0198) & (0.0158) & (0.0093) & (0.0891) & (0.0869) \\ Novelty & 0.1096 & -0.0096 & -0.0064 & -0.0086 & -0.1290 & -0.0539 \\ & (0.0917) & (0.0102) & (0.0073) & (0.0075) & (0.1020) & (0.0344) \\ Stance $\times$ Novelty & -0.0818 & 0.0064 & 0.0074 & 0.0011 & -0.1772 & -0.0852 \\ & (0.1018) & (0.0118) & (0.0074) & (0.0080) & (0.2106) & (0.0755) \\ \midrule $N$ & 71 & 88 & 88 & 88 & 88 & 87 \\ $R^2$ & 0.009 & 0.003 & 0.008 & 0.045 & 0.064 & 0.047 \\ Adj.\ $R^2$ & -0.036 & -0.033 & -0.027 & 0.010 & 0.031 & 0.013 \\ \bottomrule \end{tabular} \begin{tablenotes}[flushleft] \small \item \textit{Notes:} Dependent variable: $\Delta\hat{\beta}$ (change in rolling realized beta relative to ES, 30-min window). Coefficients are in beta units; a coefficient of $0.12$ means that a one-standard-deviation increase in the regressor is associated with a $0.12$ increase in co-movement with the S\&P~500. All regressors z-scored. Clustered SE in parentheses. Stars: BH-adjusted $p$-values. Semantic measures from MiniLM--BERT ensemble. \item $^{***}p<0.01$, $^{**}p<0.05$, $^{*}p<0.10$. \end{tablenotes} \end{threeparttable} \end{table} \end{landscape}