TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will Rebecca Shepherd win the 2026 Makerfield by-election?

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 · “makerfield · election · rebecca” (4 markets)

Top terms: makerfieldelectionrebeccashepherdpolitics2026

§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.

Peert-statnVerdict
Will Andy Burnham win the 2026 Makerfield by-election?-4.827169▲ cointegrated · pair candidate
Will Robert Kenyon win the 2026 Makerfield by-election?-4.713169▲ cointegrated · pair candidate
Will Rebecca Shepherd finish second in the 2026 Makerfield by-election?-2.946169no rejection · independent

▸ Advanced metrics · M2M bundle

polymarket · will-rebecca-shepherd-win-the-2026-makerfield-by-election · fresh · feed 0s old
24h sparkline · 60 pts▼ -20.51%
realized vol (ann.)
19.81%
max drawdown
17.86%
sharpe
—
ulcer index
9.16%
RMS drawdown
pain index
7.06%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
17.86%
cond. drawdown
gain/pain
1.23
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.23
upside/downside
roll spread
1.7 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
-20.51%
flow lean
—
carry
flat
signalNEUTRALconfidence 25%
  • 24h change -20.51%
Same bundle via M2M API: /api/m2m/pm-will-rebecca-shepherd-win-the-2026-makerfield-by-election/bundle · venue execution: polymarket →