HYPERLIQUID · HIP-3 PREDICTION MARKET · OUTCOME #177

Bosnia and Herzegovina

Primary · Yes
0.1¢
Counter · No
99.9¢

▸ Advanced metrics · M2M bundle

hyperliquid · pred-bosnia-and-herzegovina-177 · fresh · feed 2s old
24h sparkline · 60 pts
realized vol (ann.)
3.37%
max drawdown
31.82%
sharpe
ulcer index
2.28%
RMS drawdown
pain index
1.45%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
3.30%
cond. drawdown
gain/pain
1.01
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
1.01
upside/downside
roll spread
136.2 bps
implied (price-only)
bars used
2000
store
spread
24h Δ
flow lean
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/hl-pred-bosnia-and-herzegovina-177/bundle · venue execution: hyperliquid
LIVEPOLL0SRCFRESH2.4s--:--:-- UTC8NEXT8.0sUP0s--:--HIST0/30
▶ STREAMING·HYPERLIQUID·POLYMARKET·0 POLLS·SRC FRESH·UPTIME 0s·NEXT POLL 8.0s·CC0 OPEN DATA·HYPO.MARKETS·▶ STREAMING·HYPERLIQUID·POLYMARKET·0 POLLS·SRC FRESH·UPTIME 0s·NEXT POLL 8.0s·CC0 OPEN DATA·HYPO.MARKETS·
Yes mid · live
0.1¢
No mid · live
99.9¢
Yes · live 24h price
n=23 · μ=0.0022 · σ=0.0006 · range [0.0011, 0.0029] · R²=0.743 FALLING -62.24%σ EXTREME 25.11%LAST 0.00110.00290.00250.00200.00160.0011μ = 0.0022max 0.0029min 0.0011dataMA(4)OLS R²=0.74μ lineμ ± σ bandmaxminlive endpoint
23 bars · close 0.11¢ · 24h -62.24%
Probability split · live
Yes 0.1%No 99.9%NO99.9%99.85¢ · odds 1/1.00
Σ 100.00% · fair
Σ-sides total = 100.00% (tight rounding)
H(p) entropy = 0.016 / 1.00 bits (2%) · informative — one side favoured
Yes
0.1%0.1¢671.14× +0.00pp
No
99.9%99.9¢1.00× +0.00pp
primary vs counter implied %
Volume · per-hour contracts · live
n=23 · Σ=120,000 · μ=5217.4 · σ=20959.2 · CV=4.02BURSTY · concentratedcumulative energy ↗ · 50% by h=8025,00050,00075,000100,000μ = 5217100,00050%h1h4h7h10h13h16h19h22#1 peak#2-3> μactivequietμ linecum energy
Σ 120000 · peak 100000
Live numerics · pulse on poll
LIVE NUMERICS8 metrics·POLL 0
snapshot age
2.4s
Yes mid
0.149¢
No mid
99.851¢
ΣΣ sides
100.00%
Σarb gap |1 − Σ|
0.00pp
Δ24h candles
23 bars
Δ24h close
0.11¢
Δ24h change
-62.24%

§1 · 24h time-series

Mid price · Yes (23 hourly observations)
n=23 · μ=0.0022 · σ=0.0006 · range [0.0011, 0.0029] · R²=0.743 FALLING -62.24%σ EXTREME 25.11%LAST 0.00110.00290.00250.00200.00160.0011μ = 0.0022max 0.0029min 0.0011dataMA(4)OLS R²=0.74μ lineμ ± σ bandmaxmin
range [0.11¢, 0.29¢] · span 0.18pp · MA(5) latest 0.16¢
Candlestick · open / high / low / close per hour
n=23 · up 23 · down 0 (100% up) · range [0.0011, 0.0029] · σ=0.0006 · CV=0.25 · bodyµ=4%BEARISH -62.24%CLOSE 0.0011 vs OPEN 0.0029 (-62.24%)&#9660; CLOSE 0.00110.00290.00250.00200.00160.0011μ close = 0.0022O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)O0.003 H0.003 L0.003 C0.003 (+0.00%)16.3%O0.002 H0.002 L0.002 C0.002 (+16.28%)O0.002 H0.002 L0.002 C0.002 (+16.28%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.002 H0.002 L0.002 C0.002 (+0.00%)O0.001 H0.001 L0.001 C0.001 (+0.00%)O0.001 H0.001 L0.001 C0.001 (+0.00%)O0.001 H0.001 L0.001 C0.001 (+0.00%)O0.001 H0.001 L0.001 C0.001 (+0.00%)#1#4#7#10#13#16#19#22up bar (C≥O)down bar (C<O)MA(4) closeμ closedoji (~no body)biggest body
23 bars · last close 0.11¢
Hourly traded contracts
n=23 · Σ=120,000 · μ=5217.4 · σ=20959.2 · CV=4.02BURSTY · concentratedcumulative energy &nearr; · 50% by h=8025,00050,00075,000100,000μ = 52170 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak100,000100,000 · 100.0% peak100,000 · 100.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak16,723 · 16.7% peak16,723 · 16.7% peak3,277 · 3.3% peak3,277 · 3.3% peak50%#1#4#7#10#13#16#19#22#1 peak#2-3> μactivequietμ linecum energy
Σ vol = 120000 · peak 100000 · mean 5217.4

§2 · Distribution of one-bar increments Δp = pₜ − pₜ₋₁

Histogram of Δp
n=22 · 12 bins · μ=-0.0001 · σ=0.0002 · skew=-2.85 (left-skewed) · kurt=6.10 (leptokurtic (fat tails))201510502-0.09ppbin -0.09pp · n=2 · 10.0% peakbin -0.09pp · n=2 · 10.0% peak-0.08pp-0.07pp-0.07pp-0.06pp-0.05pp-0.04pp-0.04pp-0.03pp-0.02pp-0.01pp20-0.00ppbin -0.00pp · n=20 · 100.0% peakbin -0.00pp · n=20 · 100.0% peakμΔ < 0 · loss barsΔ ≈ 0 · flatΔ > 0 · gain barsN(μ,σ²) referenceμ line · ±σ band shaded
n=22 · positive 0 · negative 2
Q-Q plot · standardised Δp vs N(0,1)
n=22 · skew=-2.85 · kurt=6.13 · near 5 / mid 10 / far 7 · OLS slope=0.59 intercept=0.00LEPTOKURTIC — FAT TAILSTHIN UPPER TAILMILDLY HEAVY LOWER-3σ-3σ-2σ-2σ-1σ-1σ+0σ+0σ+1σ+1σ+2σ+2σ+3σ+3σΔ=-1.58σΔ=+1.52σΔ=-1.68σsample ↓marginal: sample bars + theoretical N(0,1) curve →theoretical Φ⁻¹(p) →↑ sample z-quantile|Δ| < 0.3σ · on the line|Δ| < 1σ · moderate|Δ| ≥ 1σ · outliery = x refOLS fit
reference line = identity (perfect normality). Heavy upper-right tail = fat positive tail.

§3 · Sample moments (prices)

Descriptive statistics · 5-number summary · shape diagnostics
SAMPLE MOMENTS · N=23APPROXIMATELY NORMAL · WELL-BEHAVED
μ MEAN0.22¢95% CI: [0.20¢, 0.24¢]
σ STD DEV0.06ppσ² = 30.762×10⁻⁴ · CV = 25.11%
med MEDIAN0.20¢Q₁ 0.20¢ · Q₃ 0.29¢
FIVE-NUMBER SUMMARY · BOX PLOT
min 0.11¢Q₁ 0.20¢med 0.20¢Q₃ 0.29¢max 0.29¢μ
SKEWNESS · G₁-0.011approximately symmetric
−3−10+1+3
EXCESS KURTOSIS · G₂-0.729mesokurtic · normal-like
−30+2+4+6
μ ↔ medianμ > med · right-tailed|μ−med| / σ = 0.38
σ × 1.349 ↔ IQRdiverges from normalratio = 0.80
range ↔ σconcentrated (range < 4σ)range / σ = 3.30
μ = mean · σ = standard deviation · CV = coefficient of variation · skew (G₁): >0 right-tail · kurt (G₂, excess): >0 leptokurtic. 95% CI uses 1.96·SE around μ. σ × 1.349 ≈ IQR under normality.

§6 · Time-series structure

Regime & autocorrelation diagnostics
TIME-SERIES STRUCTUREREGIME: INDETERMINATE · weak signal at n=22
ρ(1) AUTOCORR-0.104within white-noise band
ρ(2) AUTOCORR-0.060lag-2 not significant
H · HURST EXPONENT0.611persistent
OLS TREND · t-STAT-7.790significant @ α=0.05
HURST EXPONENT [0, 1]
H = 0.611PERSISTENT
0
anti-persistent
0.45
mean-reverting
0.5
random walk
0.55
persistent
1
strongly trending
AUTOCORRELATION FUNCTION · ρ(k) for k=1..5
k=1-0.104k=2-0.060k=3-0.065k=4-0.069k=5-0.0740+1−1+0.430.43+ momentum (ρ > +0.43)− reversal (ρ < −0.43)noise (within band)±2/√n threshold
OLS TREND · t-STAT · [-5, +5]
−5 reject−1.960 retain H₀+1.96+5 reject
REGIME CLASSIFICATIONINDETERMINATE · weak signal at n=22from Hurst + ρ(1) joint diagnosis
PREDICTABILITY · score 0.33moderate · 1-step ahead inferrable|ρ(1)| + 2·|H − 0.5| heuristic
TREND SIGNIFICANCESIGNIFICANT @ 1% (|t|=7.79)α=0.05 critical |t|=1.96 · α=0.01 |t|=2.58
ρ(k) = lag-k sample autocorrelation · H = R/S Hurst exponent · t = OLS-trend t-statistic. Significance bands at ±2/√n approximate the 95% white-noise envelope. α=0.05 critical |t|=1.96; α=0.01 |t|=2.58.

§7 · Microstructure

Market quality · two-sided pricing · activity
MICROSTRUCTURE · MARKET QUALITYPERFECT · ARB-FREE Σ=100.00%
OUTCOME ID#177
SLUGbosnia-and-herzegovina-177
QUOTE TOKENUSDC
TWO-SIDED PRICING
PRIMARY · YES0.15¢implied prob 0.15% · decimal odds 671.14×
COUNTER · NO99.85¢implied prob 99.85% · decimal odds 1.00×
0.15¢
99.85¢
Σ-SIDES ARBITRAGE TEST
0%50%100% · target110%
Σ = 100.00% · |1 − Σ| = 0.000pp
24H ACTIVITY · LIQUIDITY
24H VOLUME120.00k contracts
MARKET QUALITYPERFECT · ARB-FREE Σ=100.00%|1−Σ| ≤ 0.5pp ⇒ fair · > 2pp ⇒ inefficient
PRICING SKEWFAVOURS NO (100¢)|primary − counter| = 0.997 · entropy 0.016 bits
LIQUIDITY DEPTHDEEP100k+ deep · 10k+ active · 1k+ modest · 100+ thin
Σ-sides = primary + counter implied probabilities. Perfect arb-free Σ = 100%. |1−Σ| > 2pp suggests synthetic outright arbitrage.

§8 · Position sizing & edge analysis

Yes vs No · Kelly · entropy · arbitrage
FAIR MARKET · no edge
Yes 0.1%No 99.9%YES0.1%H = 0.016 / 1.00 bits
Probability scale (Yes)
0%25%50%
fair
75%100%
Implied decimal odds
Yes671.14×(0¢)No1.00×(100¢)
Kelly bet-size (% of bankroll) K* = 0.00%
K* full
0.00%
½K half
0.00%
¼K quarter
0.00%
Entropy H(p̂) = 0.016 bits (2% of max) · informative — one side strongly favoured
0 (certain)0.250.50.751.00 (max)
Σ-sides = 100.00% · |1 − Σ| = 0.00pp · tight cross-venue rounding
K* full = (b·p − q)/b where b = (1−p̂)/p̂ are the net odds implied by p̂. ½K and ¼K are industry-standard conservative fractions.

§9 · Resolution criteria

This outcome resolves to Yes if Bosnia and Herzegovina is officially declared the 2026 FIFA World Cup champion.

§10 · Hourly return heatmap

24-hour signed Δp grid · green = up · red = down
HOURLY RETURN HEATMAP · n=22 bars · best 0.00% · worst -0.09% · typical |Δ| 0.01%MILD BEARISH -0.18%BEST+0.00%17hWORST-0.09%23hTYPICAL |Δ|0.01%mean absoluteCUMULATIVE-0.18%Σ signed ΔSTREAK▬ 0flat-runASIA · 00-08 UTCμ +0.00% · Σ +0.00%EUROPE · 08-16 UTCμ -0.01% · Σ -0.09%US · 16-24 UTCμ -0.01% · Σ -0.09%CUMULATIVE Δ PATH · final -0.18%+0.00%-0.18%0.00% · 17h0.00% · 17h·17h★ BEST0.00% · 18h0.00% · 18h·18h0.00% · 19h0.00% · 19h·19h0.00% · 20h0.00% · 20h·20h0.00% · 21h0.00% · 21h·21h0.00% · 22h0.00% · 22h·22h-0.09% · 23h-0.09% · 23h-0.09%23h▼ WORST0.00% · 00h0.00% · 00h·00h0.00% · 01h0.00% · 01h·01h0.00% · 02h0.00% · 02h·02h0.00% · 03h0.00% · 03h·03h0.00% · 04h0.00% · 04h·04h0.00% · 05h0.00% · 05h·05h0.00% · 06h0.00% · 06h·06h0.00% · 07h0.00% · 07h·07h0.00% · 08h0.00% · 08h·08h0.00% · 09h0.00% · 09h·09h0.00% · 10h0.00% · 10h·10h0.00% · 11h0.00% · 11h·11h0.00% · 12h0.00% · 12h·12h-0.09% · 13h-0.09% · 13h-0.09%13h0.00% · 14h0.00% · 14h·14hTIME PATTERNuniform across sessionsRUNSup max 0 · down max 1BREADTH0% up · 9% down · 91% flat
0 up bars · 2 down · best 0.00% · worst -0.09% · typical |Δ| 0.008%

§11 · Equity curve & underwater drawdown

Cumulative compounded return + running peak-to-trough
EQUITY & DRAWDOWN ANALYSIS · n=23 barsLOSS · SHALLOW DD (-0.18%)FINAL-0.18%MAX DD-0.18%RECOVERYONGOING · 16 barsMAX RUN-UP+0.00%UNDERWATER16/23 (70%)STREAK▬ 0EQUITY CURVE · end 0.9982 · peak 1.0000 · range [0.9982, 1.0000]1.00000.9982break-even = 1★ PEAK 1.0000UNDERWATER DRAWDOWN · max -0.18% · shallow0%-0.18%▼ TROUGH -0.18%TOP DRAWDOWN PERIODS · 1 total#1 -0.18%bar 8-23 · 16 bars · ONGOINGDD SEVERITYshallow (max -0.18%)RECOVERYongoing · 16 barsTIME UNDER WATER70% of session · 16/23 bars
final equity 0.9982 (-0.18%) · max DD -0.18% · time-under-water 16/23 bars

§12 · Rolling-window statistics (w = 5 bars)

Rolling annualised Sharpe ratio · green positive · red negative
n=18 · +0 / −7 (0% positive) · μ=-16.28 · σ=21.00UNPROFITABLE STRATEGYLAST -41.86 (-1.22σ vs μ)41.8620.930.00-20.93-41.86μ = -16.280.000.000.000.00-41.86-41.86-41.86-41.86-41.86-41.86-41.86-41.86-41.86-41.860.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-41.86-41.86-41.86-41.86v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest -41.857 · range [-41.86, 0.00] · μ -16.278 · positive Sharpe = excess-return-per-risk earned by buying-and-holding through this window
Rolling annualised volatility (%)
n=18 · μ=1.5068 · σ=1.9446 · range [0.0000, 3.9345] · R²=0.027 FLATσ EXTREME 129.05%LAST 3.72533.93452.95091.96730.98360.0000μ = 1.5068max 3.9345min 0.0000dataMA(3)OLS R²=0.03μ lineμ ± σ bandmaxmin
latest 3.73% · range [0.00%, 3.93%] · μ 1.51% · σ̂ scaled to annualised (×√8760)
Rolling lag-1 autocorrelation ρ(1)
n=18 · +0 / −7 (0% positive) · μ=-0.075 · σ=0.125MEAN-REVERSIONLAST -0.300 (-1.80σ vs μ)0.3000.1500.000-0.150-0.300μ = -0.0750.0000.0000.0000.000-0.050-0.050-0.300-0.300-0.300-0.300-0.300-0.300-0.050-0.0500.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.0000.000-0.050-0.050-0.300-0.300v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest -0.300 · |ρ| > 0.3 ⇒ regime with persistence (ρ > 0) or reversal (ρ < 0) · |ρ| ≤ 0.1 = consistent with random walk

§13 · Hypothesis tests (α = 0.05)

Formal inference at 5% significance
2 of 5 REJECT · mixed evidence2 reject·3 pass·1 n/a·α = 0.05
𝒩

Jarque-Bera

REJECT H₀***

H₀: Δp ~ Normal(μ, σ²)

STATISTIC
94.9741
p-VALUE (log scale)
< 0.0001
α
10⁻⁴10⁻³10⁻²10⁻¹1
p < α · rejection zonenon-normal · fat tails or skew present
ρ

Ljung-Box(h=5)

FAIL TO REJECTns

H₀: No serial autocorrelation up to lag 5

STATISTIC
0.7998
p-VALUE (log scale)
0.9749
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedconsistent with white noise
Ψ

Dickey-Fuller (τ_μ)

FAIL TO REJECTns

H₀: p has a unit root (non-stationary)

STATISTIC
-0.6400
p-VALUE (log scale)
0.8535
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedrandom-walk behaviour (crit ≈ -2.86)
±

Wald-Wolfowitz runs

N/An/a

H₀: Sign sequence of Δ is random

STATISTIC
p-VALUE (log scale)
no decision possibleinsufficient sign variety (0+/2-)
χ

KPSS (μ stationarity)

REJECT H₀*

H₀: p IS level-stationary

STATISTIC
0.7257
p-VALUE (log scale)
0.0112
α
10⁻⁴10⁻³10⁻²10⁻¹1
p < α · rejection zonenon-stationary (crit 0.463)
χ

Variance ratio q=2

FAIL TO REJECTns

H₀: Δp is a random walk · VR = 1

STATISTIC
-0.3044
p-VALUE (log scale)
0.7608
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedVR 0.935 ≈ 1 (RW behaviour)
Each row states an explicit null H₀, the test statistic, an approximated p-value, and the decision. REJECT means evidence against H₀. KPSS complements ADF (rejecting both ⇒ ambiguous; rejecting one ⇒ clean verdict).

§14 · Spectral analysis (DFT periodogram)

Power spectrum of Δp · ‖X̂(k)‖²/n
n=11 bins · noise floor μ=7.62e-8 · top T=2.00h (18.2%) · top-3 cover 51.6%WHITE NOISE · no dominant cyclecumulative energy ↗ (0 bins above 2× noise)1.5e-71.1e-77.6e-83.8e-80.0e+0μ noise floorperiod 22.0 · power 2.64e-8 · 3.1% energyperiod 22.0 · power 2.64e-8 · 3.1% energyperiod 11.0 · power 6.53e-8 · 7.8% energyperiod 11.0 · power 6.53e-8 · 7.8% energyperiod 7.3 · power 1.40e-7 · 16.7% energyperiod 7.3 · power 1.40e-7 · 16.7% energyperiod 5.5 · power 3.19e-9 · 0.4% energyperiod 5.5 · power 3.19e-9 · 0.4% energyperiod 4.4 · power 1.08e-7 · 12.9% energyperiod 4.4 · power 1.08e-7 · 12.9% energyperiod 3.7 · power 1.08e-7 · 12.9% energyperiod 3.7 · power 1.08e-7 · 12.9% energyperiod 3.1 · power 3.19e-9 · 0.4% energyperiod 3.1 · power 3.19e-9 · 0.4% energyperiod 2.8 · power 1.40e-7 · 16.7% energyperiod 2.8 · power 1.40e-7 · 16.7% energyperiod 2.4 · power 6.53e-8 · 7.8% energyperiod 2.4 · power 6.53e-8 · 7.8% energyperiod 2.2 · power 2.64e-8 · 3.1% energyperiod 2.2 · power 2.64e-8 · 3.1% energyperiod 2.0 · power 1.52e-7 · 18.2% energyperiod 2.0 · power 1.52e-7 · 18.2% energy50% by T=3.7h#1 dominantT=2.00h#2T=7.33h#3T=2.75hT=2hT=3hT=4hT=6hT=8hT=12hT=16h← shorter cycle (high freq · Nyquist=½) · period T (bars per cycle) · longer cycle (low freq · 1/n) →#1 dominant#2 peak#3 peak> 2× noisenoiseμ floor2μ sig.cum energy
dominant period ≈ 2.00h (freq 0.500) · concentrates 18.2% of total energy · Σ|X̂|²/n = 8.378e-7

▸ Depth section using sovereign-store price series (5000 bars · effective 5257847 bars/year) — annualisation reflects native polling cadence, not upstream timeframes.

§15 · Honest position analytics

A binary-market analytics module framed in horizon time (days to resolution, not annualised). Estimators that need a model probability q as a first-class input (Kelly, KL divergence, Bayesian posterior, Mark-to-Market MC) only render when q is provided externally. Sweep an exploratory q at the interactive simulator →

§16 · Horizon returns

Returns · per bar / per day / per horizon
Horizon 7.0 d · σ/bar 0.001pp · expected |Δp| over horizon 0.01ppterminal variance p(1−p) = 0.0015 · n = 5000n = 5000
μ per bar
+0.000pp
average Δp · drift
σ per bar
0.001pp
one-bar volatility · logit-free
Per-day movedaily
0.00pp
σ × √24
Per-horizon move7d
0.01pp
σ × √168
Terminal variancebinary
0.0015
p(1−p) at resolution
Current pricep
0.1¢
latest snapshot
Note: annualised Sharpe/Sortino are omitted — they are not meaningful for a bounded fixed-horizon binary contract that snaps to {0, 1} at resolution.
Annualised metrics are intentionally omitted — they don't apply to bounded probability series that resolve at a fixed date.

§17 · Tail risk

VaR · ES · max drawdown
VaR₉₅ 0.00pp · ES₉₅ 0.00pp · method parametric · drift-correcteddrift +0.000pp/bar · quantised: yes · median step 0.00pp · unique ratio 0.00n = 5000
VaR 95%
0.00pp
1.645·σ (parametric) of Δp
ES 95%
0.00pp
mean of the tail
Max drawdown
31.8pp
peak 0.2¢ → trough 0.1¢
Median step
0.00pp
price bucket granularity
Price series is bucketed (cent grid). Empirical quantiles collapse to grid points — parametric N(0, σ²) used instead.
Empirical quantiles unless the price series is bucketed (PM cent grid), in which case parametric N(0, σ²) is used to avoid grid collapse.

§18 · Odds conversion

Odds conversion · every dialect a bettor thinks in
Implied probabilityP
0.1%
= price
Decimal oddsEU
671.141
total return per $1
AmericanUS
+67014
$100 wins $67014
FractionalUK
670.14 / 1
profit per $1 risked
Profit per $100stake
+$67014.09
clean dollar framing
-1000-5000+500+1000020406080100you · 0.1%implied probability (%)American odds
underdog (+)favorite (-)your price
Price → implied probability → decimal odds → American moneyline → fractional. Five views of the same number, plus the moneyline curve.

§19 · Binary entropy

Binary entropy · uncertainty as bits of information
Market entropyH(p)
0.016 bit
max 1.0 at p = 0.5
Your entropyH(q)
0.016 bit
Δ +0.000 bit vs market
Surprise · YES−log₂ p
9.39 bit
self-information
Surprise · NO−log₂(1−p)
0.00 bit
self-information
0.000.260.530.791.050.00.20.40.60.81.0marketmodelprobabilityH (bits)
Market entropy only — model entropy requires an external q.

§20 · Model-dependent surfaces

§ Edge / Kelly / KL · no model probability provided

External model required

The position-economics, Kelly, KL-divergence, Bayesian and Monte-Carlo surfaces require a model probability q as input — a number independent of the market price p.

The previous build defaulted q to a tape-momentum heuristic derived from p; that produces apparent edge that is structurally guaranteed to be small and is not a useful skill signal. The auto-derived path has been removed.

To explore these surfaces with a hypothetical q, open the interactive simulator and drag the MODEL P(YES) slider. To wire a real model, POST to the NOSTRADAMUS hook (TBD) or pass ?q=… on the simulator URL.

§∞ · Provenance & attestation

Snapshot fetched
2026-06-14 16:15:27 UTC
Snapshot age
2.4s
Page rendered
2026-06-14 16:15:29 UTC
History points
23 closes · 23 counter-side closes
Storage policy
no persistence — fetched on every request
SHA-256 attestation
ac072bc2ada6a8d088882dbff9063f70d6b9bbc70319f20d8b48ec7e0b3bbe08 · deterministic hash of source snapshot
Open data licence
CC0 / public domain

§∞-2 · Related markets · explore more

Also see: /arb opportunities · RSS feed

Risk metrics

sovereign store · 5,000 barsperiods/year ≈ 5.26M
Realized vol (annualised)
1679.61%
σ per bar = 0.007325
Mean return (annualised)
353.54%
μ per bar = 0.000001
Sharpe (rf=0)
0.21
annualised; risk-free assumed zero
Max drawdown
31.82%
peak 0.00 → trough 0.00 over 1088 bars

/api/asset/hl-pred-bosnia-and-herzegovina-177/risk · same metrics, JSON