TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will Belgium win the 2026 FIFA World Cup?
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 · “belgium · egypt · fifa” (3 markets)
Top terms: belgiumegyptfifacupworldwin
- Will Belgium win on 2026-06-15?60.5¢ YES · $128.0k 24h
- ★ Will Belgium win the 2026 FIFA World Cup?1.9¢ YES · $2.07M 24h
- Will Egypt win the 2026 FIFA World Cup?0.1¢ YES · $787.5k 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 |
|---|---|---|---|
| -2.903 | 169 | no rejection · independent | |
| -2.413 | 169 | no rejection · independent |
▸ Advanced metrics · M2M bundle
polymarket · will-belgium-win-the-2026-fifa-world-cup-358 · fresh · feed 15s old24h sparkline · 60 pts▼ —
realized vol (ann.)
2.96%
max drawdown
4.88%
sharpe
—
ulcer index
4.34%
RMS drawdown
pain index
3.86%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
4.88%
cond. drawdown
gain/pain
0.00
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.00
upside/downside
roll spread
0.5 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-will-belgium-win-the-2026-fifa-world-cup-358/bundle · venue execution: polymarket →