TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will Benjamin Netanyahu be the next Prime Minister of Israel?
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 · “prime · minister · politics” (8 markets)
Top terms: primeministerpoliticsisraelethiopiabenjamin
- Will Avigdor Lieberman be the next Prime Minister of Israel?3.3¢ YES · $31.6k 24h
- ★ Will Benjamin Netanyahu be the next Prime Minister of Israel?32.5¢ YES · $220.0k 24h
- Will Berhanu Nega be the next Prime Minister of Ethiopia?0.3¢ YES · $5.16M 24h
- Will Demeke Mekonnen be the next Prime Minister of Ethiopia?0.2¢ YES · $61.2k 24h
- Will Eugen Tomac be the next Prime Minister of Romania?0.8¢ YES · $41.5k 24h
- Will Gedion Timothewos be the next Prime Minister of Ethiopia?0.4¢ YES · $40.9k 24h
- Will Nir Barkat be the next Prime Minister of Israel?0.4¢ YES · $25.6k 24h
- Will Yossi Cohen be the next Prime Minister of Israel?0.5¢ YES · $25.6k 24h
§2 · Engle-Granger cointegration screen (7 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 |
|---|---|---|---|
| -3.231 | 169 | no rejection · independent | |
| -2.497 | 169 | no rejection · independent | |
| -2.432 | 169 | no rejection · independent | |
| -2.410 | 169 | no rejection · independent | |
| -2.342 | 169 | no rejection · independent | |
| -2.323 | 169 | no rejection · independent | |
| -2.288 | 169 | no rejection · independent |
▸ Advanced metrics · M2M bundle
polymarket · will-benjamin-netanyahu-be-the-next-prime-minister-of-israel · fresh · feed 0s old24h sparkline · 60 pts▼ -7.14%
realized vol (ann.)
137.29%
max drawdown
7.35%
sharpe
—
ulcer index
3.20%
RMS drawdown
pain index
2.44%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
7.35%
cond. drawdown
gain/pain
1.10
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.10
upside/downside
roll spread
0.3 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
-7.14%
flow lean
—
carry
flat
signalNEUTRALconfidence 25%
- 24h change -7.14%
Same bundle via M2M API:
/api/m2m/pm-will-benjamin-netanyahu-be-the-next-prime-minister-of-israel/bundle · venue execution: polymarket →