TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Kharg Island no longer under Iranian control by July 31?
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 · “kharg · island · longer” (3 markets)
Top terms: khargislandlongercontroliranian24
- ★ Kharg Island no longer under Iranian control by July 31?4.5¢ YES · $52.4k 24h
- Kharg Island no longer under Iranian control by June 24?1.1¢ YES · $62.6k 24h
- Kharg Island no longer under Iranian control by June 30?1.3¢ YES · $588.0k 24h
§2 · Engle-Granger cointegration screen (2 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 |
|---|---|---|---|
| -4.934 | 79 | ▲ cointegrated · pair candidate | |
| -4.198 | 79 | ▲ cointegrated · pair candidate |
▸ Advanced metrics · M2M bundle
polymarket · kharg-island-no-longer-under-iranian-control-by-july-31 · fresh · feed 0s old24h sparkline · 60 pts▼ —
realized vol (ann.)
68.06%
max drawdown
25.00%
sharpe
—
ulcer index
12.23%
RMS drawdown
pain index
8.18%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
25.00%
cond. drawdown
gain/pain
0.50
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.50
upside/downside
roll spread
4.8 bps
implied (price-only)
bars used
758
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-kharg-island-no-longer-under-iranian-control-by-july-31/bundle · venue execution: polymarket →