Abstract
We present a new conjectural symmetry of the colored Alexander polynomial, that is the specialization of the quantum $\mathfrak{sl}_N$ invariant widely known as the colored HOMFLY-PT polynomial. We provide arguments in support of the existence of the symmetry by studying the loop expansion and the character expansion of the colored HOMFLY-PT polynomial. We study the constraints this symmetry imposes on the group theoretic structure of the loop expansion and provide solutions to those constraints. The symmetry is a powerful tool for research on polynomial knot invariants and in the end we suggest several possible applications of the symmetry.
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