TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will FURIA win IEM Cologne Major 2026?

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 · “counter · strike · bo3” (21 markets)

Top terms: counterstrikebo3iemcolognemajor

§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.

Peert-statnVerdict
Counter-Strike: Aurora Gaming vs FURIA (BO3) - IEM Cologne Major Playoffs-3.02339no rejection · independent
Counter-Strike: ECHO vs Inner Circle Esports (BO3) - Stake Ranked Episode 3: Closed Qualifier Playoffs-1.76131no rejection · independent

▸ Advanced metrics · M2M bundle

polymarket · will-furia-win-iem-cologne-major-2026 · fresh · feed 5s old
24h sparkline · 60 pts
realized vol (ann.)
49.49%
max drawdown
4.41%
sharpe
ulcer index
2.04%
RMS drawdown
pain index
1.67%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
4.26%
cond. drawdown
gain/pain
0.86
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
0.86
upside/downside
roll spread
0.2 bps
implied (price-only)
bars used
944
store
spread
24h Δ
flow lean
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/pm-will-furia-win-iem-cologne-major-2026/bundle · venue execution: polymarket