TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will IR Iran win on 2026-06-15?
Markets in the same TF-IDF topic cluster, with a 7-day Engle-Granger cointegration screen against each peer. Pairs with t-statistic below −3.34 reject the null of no cointegration at the 5% level — meaning the two markets share a stationary spread useful for relative-value trades.
§1 · Topic basket · “zealand · new · ir” (4 markets)
Top terms: zealandnewiriranwin06
- Will IR Iran vs. New Zealand end in a draw?28.5¢ YES · $23.8k 24h
- ★ Will IR Iran win on 2026-06-15?50.5¢ YES · $199.1k 24h
- Will New Zealand win on 2026-06-15?20.5¢ YES · $35.3k 24h
- Will New Zealand win the 2026 FIFA World Cup?0.1¢ YES · $173.4k 24h
§2 · Engle-Granger cointegration screen (3 pairs tested)
For each peer, 7d aligned series are regressed; the residuals are tested for a unit root (ADF). Reject H₀ (no cointegration) at 5% when t < −3.34. Cointegrated pairs share a stationary spread — candidates for pairs / basket trades.
| Peer | t-stat | n | Verdict |
|---|---|---|---|
| -2.215 | 169 | no rejection · independent | |
| -2.044 | 169 | no rejection · independent | |
| -1.418 | 169 | no rejection · independent |
▸ Advanced metrics · M2M bundle
polymarket · fifwc-irn-nzl-2026-06-15-irn · fresh · feed 0s old24h sparkline · 60 pts▼ —
realized vol (ann.)
68.26%
max drawdown
1.94%
sharpe
—
ulcer index
1.87%
RMS drawdown
pain index
1.81%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
1.94%
cond. drawdown
gain/pain
0.00
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.00
upside/downside
roll spread
1.1 bps
implied (price-only)
bars used
377
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-fifwc-irn-nzl-2026-06-15-irn/bundle · venue execution: polymarket →