HYPERLIQUID · HIP-3 PREDICTION MARKET · OUTCOME #189

France

Primary · Yes
16.5¢
Counter · No
83.5¢

▸ Advanced metrics · M2M bundle

hyperliquid · pred-france-189 · fresh · feed 3s old
24h sparkline · 60 pts
realized vol (ann.)
3.41%
max drawdown
0.24%
sharpe
ulcer index
0.04%
RMS drawdown
pain index
0.02%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
0.08%
cond. drawdown
gain/pain
1.05
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
1.05
upside/downside
roll spread
0.2 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-france-189/bundle · venue execution: hyperliquid
LIVEPOLL0SRCFRESH2.9s--:--:-- 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
16.5¢
No mid · live
83.5¢
Yes · live 24h price
n=24 · μ=0.1646 · σ=0.0021 · range [0.1616, 0.1673] · R²=0.028 RISING +2.15%σ NORMAL 1.28%LAST 0.16500.16730.16590.16450.16300.1616μ = 0.1646max 0.1673min 0.1616dataMA(4)OLS R²=0.03μ lineμ ± σ bandmaxminlive endpoint
24 bars · close 16.50¢ · 24h +2.15%
Probability split · live
Yes 16.5%No 83.5%NO83.5%83.52¢ · odds 1/1.20
Σ 100.00% · fair
Σ-sides total = 100.00% (tight rounding)
H(p) entropy = 0.646 / 1.00 bits (65%) · moderate uncertainty
Yes
16.5%16.5¢6.07× +0.00pp
No
83.5%83.5¢1.20× +0.00pp
primary vs counter implied %
Volume · per-hour contracts · live
n=24 · Σ=64,383 · μ=2682.6 · σ=4773.0 · CV=1.78BURSTY · concentratedcumulative energy ↗ · 50% by h=1504,2238,44512,66816,890μ = 268316,89050%h1h5h9h13h17h21#1 peak#2-3> μactivequietμ linecum energy
Σ 64383 · peak 16890
Live numerics · pulse on poll
LIVE NUMERICS8 metrics·POLL 0
snapshot age
2.9s
Yes mid
16.477¢
No mid
83.522¢
ΣΣ sides
100.00%
Σarb gap |1 − Σ|
0.00pp
Δ24h candles
24 bars
Δ24h close
16.50¢
Δ24h change
+2.15%

§1 · 24h time-series

Mid price · Yes (24 hourly observations)
n=24 · μ=0.1646 · σ=0.0021 · range [0.1616, 0.1673] · R²=0.028 RISING +2.15%σ NORMAL 1.28%LAST 0.16500.16730.16590.16450.16300.1616μ = 0.1646max 0.1673min 0.1616dataMA(4)OLS R²=0.03μ lineμ ± σ bandmaxmin
range [16.16¢, 16.73¢] · span 0.58pp · MA(5) latest 16.48¢
Candlestick · open / high / low / close per hour
n=24 · up 20 · down 4 (83% up) · range [0.1608, 0.1674] · σ=0.0021 · CV=0.01 · bodyµ=57%STRONG BULLISH +2.15%CLOSE 0.1650 vs OPEN 0.1616 (+2.15%)&#9650; CLOSE 0.16500.16740.16570.16410.16250.1608μ close = 0.1646O0.162 H0.162 L0.162 C0.162 (+0.00%)O0.162 H0.162 L0.162 C0.162 (+0.00%)O0.162 H0.162 L0.162 C0.162 (+0.00%)O0.162 H0.162 L0.162 C0.162 (+0.00%)O0.162 H0.162 L0.162 C0.162 (+0.01%)O0.162 H0.162 L0.162 C0.162 (+0.01%)O0.162 H0.162 L0.162 C0.162 (+0.35%)O0.162 H0.162 L0.162 C0.162 (+0.35%)O0.162 H0.163 L0.161 C0.163 (+0.47%)O0.162 H0.163 L0.161 C0.163 (+0.47%)2.6%O0.161 H0.165 L0.161 C0.165 (+2.60%)O0.161 H0.165 L0.161 C0.165 (+2.60%)O0.165 H0.167 L0.162 C0.167 (+1.34%)O0.165 H0.167 L0.162 C0.167 (+1.34%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.01%)O0.167 H0.167 L0.167 C0.167 (+0.01%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.01%)O0.167 H0.167 L0.167 C0.167 (+0.01%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.167 H0.167 L0.167 C0.167 (+0.00%)O0.162 H0.162 L0.161 C0.162 (-0.19%)O0.162 H0.162 L0.161 C0.162 (-0.19%)O0.162 H0.163 L0.162 C0.163 (+1.06%)O0.162 H0.163 L0.162 C0.163 (+1.06%)O0.163 H0.163 L0.163 C0.163 (+0.02%)O0.163 H0.163 L0.163 C0.163 (+0.02%)O0.163 H0.163 L0.162 C0.162 (-0.48%)O0.163 H0.163 L0.162 C0.162 (-0.48%)O0.163 H0.164 L0.163 C0.164 (+0.62%)O0.163 H0.164 L0.163 C0.164 (+0.62%)O0.163 H0.164 L0.163 C0.164 (+0.50%)O0.163 H0.164 L0.163 C0.164 (+0.50%)O0.164 H0.164 L0.164 C0.164 (+0.03%)O0.164 H0.164 L0.164 C0.164 (+0.03%)O0.165 H0.165 L0.163 C0.165 (-0.18%)O0.165 H0.165 L0.163 C0.165 (-0.18%)O0.165 H0.165 L0.164 C0.164 (-0.39%)O0.165 H0.165 L0.164 C0.164 (-0.39%)O0.165 H0.165 L0.165 C0.165 (+0.36%)O0.165 H0.165 L0.165 C0.165 (+0.36%)O0.165 H0.165 L0.165 C0.165 (+0.02%)O0.165 H0.165 L0.165 C0.165 (+0.02%)#1#5#9#13#17#21up bar (C≥O)down bar (C<O)MA(4) closeμ closedoji (~no body)biggest body
24 bars · last close 16.50¢
Hourly traded contracts
n=24 · Σ=64,383 · μ=2682.6 · σ=4773.0 · CV=1.78BURSTY · concentratedcumulative energy &nearr; · 50% by h=1504,2238,44512,66816,890μ = 2683268 · 1.6% peak268 · 1.6% peak0 · 0.0% peak0 · 0.0% peak651 · 3.9% peak651 · 3.9% peak16,89016,890 · 100.0% peak16,890 · 100.0% peak1,620 · 9.6% peak1,620 · 9.6% peak821 · 4.9% peak821 · 4.9% peak2,009 · 11.9% peak2,009 · 11.9% peak0 · 0.0% peak0 · 0.0% peak1,388 · 8.2% peak1,388 · 8.2% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak2,000 · 11.8% peak2,000 · 11.8% peak822 · 4.9% peak822 · 4.9% peak3,419 · 20.2% peak3,419 · 20.2% peak15,772 · 93.4% peak15,772 · 93.4% peak63 · 0.4% peak63 · 0.4% peak648 · 3.8% peak648 · 3.8% peak613 · 3.6% peak613 · 3.6% peak1,117 · 6.6% peak1,117 · 6.6% peak608 · 3.6% peak608 · 3.6% peak3,489 · 20.7% peak3,489 · 20.7% peak10,997 · 65.1% peak10,997 · 65.1% peak986 · 5.8% peak986 · 5.8% peak202 · 1.2% peak202 · 1.2% peak50%#1#5#9#13#17#21#1 peak#2-3> μactivequietμ linecum energy
Σ vol = 64383 · peak 16890 · mean 2682.6

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

Histogram of Δp
n=23 · 12 bins · μ=0.0001 · σ=0.0014 · skew=-2.18 (left-skewed) · kurt=7.31 (leptokurtic (fat tails))1296301-0.53ppbin -0.53pp · n=1 · 8.3% peakbin -0.53pp · n=1 · 8.3% peak-0.46pp-0.40pp-0.33pp-0.27pp-0.20pp-0.14pp2-0.07ppbin -0.07pp · n=2 · 16.7% peakbin -0.07pp · n=2 · 16.7% peak12-0.01ppbin -0.01pp · n=12 · 100.0% peakbin -0.01pp · n=12 · 100.0% peak40.06ppbin 0.06pp · n=4 · 33.3% peakbin 0.06pp · n=4 · 33.3% peak0.12pp40.19ppbin 0.19pp · n=4 · 33.3% peakbin 0.19pp · n=4 · 33.3% peakμΔ < 0 · loss barsΔ ≈ 0 · flatΔ > 0 · gain barsN(μ,σ²) referenceμ line · ±σ band shaded
n=23 · positive 12 · negative 6
Q-Q plot · standardised Δp vs N(0,1)
n=23 · skew=-2.36 · kurt=7.92 · near 13 / mid 9 / far 1 · OLS slope=0.85 intercept=-0.00LEPTOKURTIC — FAT TAILSUPPER TAIL NORMALLOWER TAIL NORMAL-3σ-3σ-2σ-2σ-1σ-1σ+0σ+0σ+1σ+1σ+2σ+2σ+3σ+3σΔ=-1.92σsample ↓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=24PLATYKURTIC · THIN TAILS (G₂=-1.44)
μ MEAN16.46¢95% CI: [16.38¢, 16.54¢]
σ STD DEV0.21ppσ² = 0.044 · CV = 1.28%
med MEDIAN16.43¢Q₁ 16.30¢ · Q₃ 16.73¢
FIVE-NUMBER SUMMARY · BOX PLOT
min 16.16¢Q₁ 16.30¢med 16.43¢Q₃ 16.73¢max 16.73¢μ
SKEWNESS · G₁0.073approximately symmetric
−3−10+1+3
EXCESS KURTOSIS · G₂-1.440platykurtic · thin tails
−30+2+4+6
μ ↔ medianμ > med · right-tailed|μ−med| / σ = 0.12
σ × 1.349 ↔ IQRdiverges from normalratio = 0.66
range ↔ σconcentrated (range < 4σ)range / σ = 2.74
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: MARTINGALE · UNPREDICTABLE
ρ(1) AUTOCORR-0.125within white-noise band
ρ(2) AUTOCORR+0.034lag-2 not significant
H · HURST EXPONENT0.957strongly persistent
OLS TREND · t-STAT+0.793fails 5% test
HURST EXPONENT [0, 1]
H = 0.957STRONGLY PERSISTENT
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=1-0.125k=2+0.034k=3+0.225k=4-0.239k=5+0.0320+1−1+0.420.42+ momentum (ρ > +0.42)− reversal (ρ < −0.42)noise (within band)±2/√n threshold
OLS TREND · t-STAT · [-5, +5]
−5 reject−1.960 retain H₀+1.96+5 reject
REGIME CLASSIFICATIONMARTINGALE · UNPREDICTABLEfrom Hurst + ρ(1) joint diagnosis
PREDICTABILITY · score 1.00very high · strong structure|ρ(1)| + 2·|H − 0.5| heuristic
TREND SIGNIFICANCENOT SIGNIFICANT (|t|=0.79)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#189
SLUGfrance-189
QUOTE TOKENUSDC
TWO-SIDED PRICING
PRIMARY · YES16.48¢implied prob 16.48% · decimal odds 6.07×
COUNTER · NO83.52¢implied prob 83.52% · decimal odds 1.20×
16.48¢
83.52¢
Σ-SIDES ARBITRAGE TEST
0%50%100% · target110%
Σ = 100.00% · |1 − Σ| = 0.000pp
24H ACTIVITY · LIQUIDITY
24H VOLUME64.38k contracts
MARKET QUALITYPERFECT · ARB-FREE Σ=100.00%|1−Σ| ≤ 0.5pp ⇒ fair · > 2pp ⇒ inefficient
PRICING SKEWFAVOURS NO (84¢)|primary − counter| = 0.670 · entropy 0.646 bits
LIQUIDITY DEPTHACTIVE100k+ 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 16.5%No 83.5%YES16.5%H = 0.646 / 1.00 bits
Probability scale (Yes)
0%25%50%
fair
75%100%
Implied decimal odds
Yes6.07×(16¢)No1.20×(84¢)
Kelly bet-size (% of bankroll) K* = 0.00%
K* full
0.00%
½K half
0.00%
¼K quarter
0.00%
Entropy H(p̂) = 0.646 bits (65% of max) · moderate uncertainty
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 France 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=23 bars · best 0.22% · worst -0.56% · typical |Δ| 0.08%MILD BULLISH +0.35%BEST+0.22%22hWORST-0.56%05hTYPICAL |Δ|0.08%mean absoluteCUMULATIVE+0.35%Σ signed ΔSTREAK↘ 1down-runASIA · 00-08 UTCμ -0.05% · Σ -0.39%EUROPE · 08-16 UTCμ +0.02% · Σ +0.16%US · 16-24 UTCμ +0.08% · Σ +0.57%CUMULATIVE Δ PATH · final +0.35%+0.58%0.00%0.00% · 17h0.00% · 17h·17h0.02% · 18h0.02% · 18h0.02%18h0.06% · 19h0.06% · 19h0.06%19h0.08% · 20h0.08% · 20h0.08%20h0.19% · 21h0.19% · 21h0.19%21h0.22% · 22h0.22% · 22h0.22%22h★ BEST0.00% · 23h0.00% · 23h·23h0.00% · 00h0.00% · 00h0.00%00h0.00% · 01h0.00% · 01h·01h0.00% · 02h0.00% · 02h·02h0.00% · 03h0.00% · 03h0.00%03h-0.00% · 04h-0.00% · 04h-0.00%04h-0.56% · 05h-0.56% · 05h-0.56%05h▼ WORST0.17% · 06h0.17% · 06h0.17%06h-0.00% · 07h-0.00% · 07h-0.00%07h-0.09% · 08h-0.09% · 08h-0.09%08h0.18% · 09h0.18% · 09h0.18%09h0.00% · 10h0.00% · 10h0.00%10h0.00% · 11h0.00% · 11h·11h0.08% · 12h0.08% · 12h0.08%12h-0.07% · 13h-0.07% · 13h-0.07%13h0.07% · 14h0.07% · 14h0.07%14h-0.01% · 15h-0.01% · 15h-0.01%15hTIME PATTERNUS-led (+0.57%)RUNSup max 5 · down max 2BREADTH52% up · 26% down · 22% flat
12 up bars · 6 down · best 0.22% · worst -0.56% · typical |Δ| 0.078%

§11 · Equity curve & underwater drawdown

Cumulative compounded return + running peak-to-trough
EQUITY & DRAWDOWN ANALYSIS · n=24 barsPROFITABLE +0.35%FINAL+0.35%MAX DD-0.56%RECOVERYONGOING · 12 barsMAX RUN-UP+0.58%UNDERWATER12/24 (50%)STREAK↘ 1EQUITY CURVE · end 1.0035 · peak 1.0058 · range [1.0000, 1.0058]1.00581.0000break-even = 1★ PEAK 1.0058UNDERWATER DRAWDOWN · max -0.56% · shallow0%-0.56%▼ TROUGH -0.56%TOP DRAWDOWN PERIODS · 1 total#1 -0.56%bar 13-24 · 12 bars · ONGOINGDD SEVERITYshallow (max -0.56%)RECOVERYongoing · 12 barsTIME UNDER WATER50% of session · 12/24 bars
final equity 1.0035 (0.35%) · max DD -0.56% · time-under-water 12/24 bars

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

Rolling annualised Sharpe ratio · green positive · red negative
n=19 · +14 / −5 (74% positive) · μ=33.22 · σ=48.43PROFITABLE STRATEGYLAST 24.31 (-0.18σ vs μ)122.6961.340.00-61.34-122.69μ = 33.2288.1188.11122.69122.69109.25109.2589.6589.6569.4269.4243.0343.0351.8151.8128.9328.93-41.95-41.95-26.51-26.51-26.58-26.58-33.43-33.43-19.12-19.1239.8339.8316.1516.1530.1930.1938.7238.7226.7726.7724.3124.31v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest 24.312 · range [-41.95, 122.69] · μ 33.224 · positive Sharpe = excess-return-per-risk earned by buying-and-holding through this window
Rolling annualised volatility (%)
n=19 · μ=12.2489 · σ=8.8653 · range [0.2029, 28.1294] · R²=0.013 FALLING -20.27%σ EXTREME 72.38%LAST 5.548828.129421.147814.16627.18450.2029μ = 12.2489max 28.1294min 0.2029dataMA(3)OLS R²=0.01μ lineμ ± σ bandmaxmin
latest 5.55% · range [0.20%, 28.13%] · μ 12.25% · σ̂ scaled to annualised (×√8760)
Rolling lag-1 autocorrelation ρ(1)
n=19 · +4 / −15 (21% positive) · μ=-0.240 · σ=0.345MEAN-REVERSIONLAST -0.822 (-1.69σ vs μ)0.8220.4110.000-0.411-0.822μ = -0.2400.2070.2070.4200.420-0.114-0.1140.1510.1510.3250.325-0.059-0.059-0.396-0.396-0.128-0.128-0.046-0.046-0.460-0.460-0.419-0.419-0.465-0.465-0.302-0.302-0.421-0.421-0.464-0.464-0.568-0.568-0.269-0.269-0.733-0.733-0.822-0.822v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest -0.822 · |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
1 of 6 REJECT · mixed evidence1 reject·5 pass·α = 0.05
𝒩

Jarque-Bera

REJECT H₀***

H₀: Δp ~ Normal(μ, σ²)

STATISTIC
125.6043
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
3.6525
p-VALUE (log scale)
0.6028
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
-2.0713
p-VALUE (log scale)
0.2661
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedrandom-walk behaviour (crit ≈ -2.86)
±

Wald-Wolfowitz runs

FAIL TO REJECTns

H₀: Sign sequence of Δ is random

STATISTIC
-0.5510
p-VALUE (log scale)
0.5817
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedsigns appear random (8 runs)
χ

KPSS (μ stationarity)

FAIL TO REJECTns

H₀: p IS level-stationary

STATISTIC
0.1440
p-VALUE (log scale)
0.4545
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedstationary not rejected (crit 0.463)
χ

Variance ratio q=2

FAIL TO REJECTns

H₀: Δp is a random walk · VR = 1

STATISTIC
-0.4033
p-VALUE (log scale)
0.6867
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedVR 0.916 ≈ 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=2.21e-6 · top T=2.88h (23.9%) · top-3 cover 53.5%1 SIGNIFICANT CYCLEcumulative energy ↗ (1 bin above 2× noise)5.8e-64.4e-62.9e-61.5e-60.0e+0μ noise floor2× noise (significance)period 23.0 · power 2.64e-6 · 10.8% energyperiod 23.0 · power 2.64e-6 · 10.8% energyperiod 11.5 · power 3.40e-6 · 14.0% energyperiod 11.5 · power 3.40e-6 · 14.0% energyperiod 7.7 · power 9.87e-8 · 0.4% energyperiod 7.7 · power 9.87e-8 · 0.4% energyperiod 5.8 · power 1.80e-6 · 7.4% energyperiod 5.8 · power 1.80e-6 · 7.4% energyperiod 4.6 · power 1.52e-6 · 6.3% energyperiod 4.6 · power 1.52e-6 · 6.3% energyperiod 3.8 · power 8.72e-7 · 3.6% energyperiod 3.8 · power 8.72e-7 · 3.6% energyperiod 3.3 · power 1.41e-6 · 5.8% energyperiod 3.3 · power 1.41e-6 · 5.8% energyperiod 2.9 · power 5.81e-6 · 23.9% energyperiod 2.9 · power 5.81e-6 · 23.9% energyperiod 2.6 · power 3.80e-6 · 15.6% energyperiod 2.6 · power 3.80e-6 · 15.6% energyperiod 2.3 · power 1.17e-6 · 4.8% energyperiod 2.3 · power 1.17e-6 · 4.8% energyperiod 2.1 · power 1.79e-6 · 7.3% energyperiod 2.1 · power 1.79e-6 · 7.3% energy50% by T=2.9h#1 dominantT=2.88h#2T=2.56h#3T=11.50hT=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 ≈ 2.88h (freq 0.348) · concentrates 23.9% of total energy · Σ|X̂|²/n = 2.430e-5

▸ 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 0.002pp · expected |Δp| over horizon 0.02ppterminal variance p(1−p) = 0.1376 · n = 5000n = 5000
μ per bar
+0.000pp
average Δp · drift
σ per bar
0.002pp
one-bar volatility · logit-free
Per-day movedaily
0.01pp
σ × √24
Per-horizon move7d
0.02pp
σ × √168
Terminal variancebinary
0.1376
p(1−p) at resolution
Current pricep
16.5¢
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 0.01n = 5000
VaR 95%
0.00pp
1.645·σ (parametric) of Δp
ES 95%
0.00pp
mean of the tail
Max drawdown
0.2pp
peak 16.5¢ → trough 16.4¢
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
16.5%
= price
Decimal oddsEU
6.069
total return per $1
AmericanUS
+507
$100 wins $507
FractionalUK
5.07 / 1
profit per $1 risked
Profit per $100stake
+$506.89
clean dollar framing
-1000-5000+500+1000020406080100you · 16.5%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)
0.646 bit
max 1.0 at p = 0.5
Your entropyH(q)
0.646 bit
Δ +0.000 bit vs market
Surprise · YES−log₂ p
2.60 bit
self-information
Surprise · NO−log₂(1−p)
0.26 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 16:03:37 UTC
Snapshot age
2.9s
Page rendered
2026-06-14 16:03:40 UTC
History points
24 closes · 24 counter-side closes
Storage policy
no persistence — fetched on every request
SHA-256 attestation
673c2e97082d2d04d717527b4894cefc9e920112a9a174266b71ec6683f781c5 · 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)
21.58%
σ per bar = 0.000094
Mean return (annualised)
1184.33%
μ per bar = 0.000002
Sharpe (rf=0)
54.88
annualised; risk-free assumed zero
Max drawdown
0.24%
peak 0.16 → trough 0.16 over 71 bars

/api/asset/hl-pred-france-189/risk · same metrics, JSON