HYPERLIQUID · HIP-3 PREDICTION MARKET · OUTCOME #292

New Zealand

Primary · Yes
19.4¢
Counter · No
80.6¢

▸ Advanced metrics · M2M bundle

hyperliquid · pred-new-zealand-292 · fresh · feed 0s old
24h sparkline · 60 pts
realized vol (ann.)
160.95%
max drawdown
11.42%
sharpe
ulcer index
9.26%
RMS drawdown
pain index
9.08%
mean drawdown
mod. VaR 95%
0.02%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
11.03%
cond. drawdown
gain/pain
0.97
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
0.97
upside/downside
roll spread
15.8 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-new-zealand-292/bundle · venue execution: hyperliquid
LIVEPOLL0SRCFRESH419ms--:--:-- 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
19.4¢
No mid · live
80.6¢
Yes · live 24h price
n=25 · μ=0.1993 · σ=0.0054 · range [0.1900, 0.2117] · R²=0.169 RISING +0.51%σ NORMAL 2.69%LAST 0.19870.21170.20630.20090.19550.1900μ = 0.1993max 0.2117min 0.1900dataMA(5)OLS R²=0.17μ lineμ ± σ bandmaxminlive endpoint
25 bars · close 19.87¢ · 24h +0.51%
Probability split · live
Yes 19.4%No 80.6%NO80.6%80.63¢ · odds 1/1.24
Σ 100.00% · fair
Σ-sides total = 100.00% (tight rounding)
H(p) entropy = 0.709 / 1.00 bits (71%) · moderate uncertainty
Yes
19.4%19.4¢5.16× +0.00pp
No
80.6%80.6¢1.24× +0.00pp
primary vs counter implied %
Volume · per-hour contracts · live
n=25 · Σ=14,235 · μ=569.4 · σ=1390.5 · CV=2.44BURSTY · concentratedcumulative energy ↗ · 50% by h=2101,5243,0494,5736,097μ = 5696,09750%h1h5h9h13h17h21h25#1 peak#2-3> μactivequietμ linecum energy
Σ 14235 · peak 6097
Live numerics · pulse on poll
LIVE NUMERICS8 metrics·POLL 0
snapshot age
419ms
Yes mid
19.367¢
No mid
80.632¢
ΣΣ sides
100.00%
Σarb gap |1 − Σ|
0.00pp
Δ24h candles
25 bars
Δ24h close
19.87¢
Δ24h change
+0.51%

§1 · 24h time-series

Mid price · Yes (25 hourly observations)
n=25 · μ=0.1993 · σ=0.0054 · range [0.1900, 0.2117] · R²=0.169 RISING +0.51%σ NORMAL 2.69%LAST 0.19870.21170.20630.20090.19550.1900μ = 0.1993max 0.2117min 0.1900dataMA(5)OLS R²=0.17μ lineμ ± σ bandmaxmin
range [19.00¢, 21.17¢] · span 2.17pp · MA(5) latest 19.35¢
Candlestick · open / high / low / close per hour
n=25 · up 23 · down 2 (92% up) · range [0.1900, 0.2117] · σ=0.0054 · CV=0.03 · bodyµ=14%BULLISH +0.51%CLOSE 0.1987 vs OPEN 0.1977 (+0.51%)&#9650; CLOSE 0.19870.21170.20630.20090.19550.1900μ close = 0.1993O0.198 H0.198 L0.198 C0.198 (+0.00%)O0.198 H0.198 L0.198 C0.198 (+0.00%)O0.198 H0.198 L0.198 C0.198 (+0.00%)O0.198 H0.198 L0.198 C0.198 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.204 H0.204 L0.204 C0.204 (+0.00%)O0.198 H0.198 L0.196 C0.196 (-0.99%)O0.198 H0.198 L0.196 C0.196 (-0.99%)O0.196 H0.196 L0.196 C0.196 (+0.00%)O0.196 H0.196 L0.196 C0.196 (+0.00%)O0.196 H0.196 L0.196 C0.196 (+0.00%)O0.196 H0.196 L0.196 C0.196 (+0.00%)O0.212 H0.212 L0.212 C0.212 (+0.00%)O0.212 H0.212 L0.212 C0.212 (+0.00%)O0.212 H0.212 L0.212 C0.212 (+0.00%)O0.212 H0.212 L0.212 C0.212 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.200 H0.200 L0.200 C0.200 (+0.00%)O0.201 H0.201 L0.201 C0.201 (+0.00%)O0.201 H0.201 L0.201 C0.201 (+0.00%)O0.201 H0.201 L0.201 C0.201 (+0.00%)O0.201 H0.201 L0.201 C0.201 (+0.00%)O0.197 H0.197 L0.197 C0.197 (+0.00%)O0.197 H0.197 L0.197 C0.197 (+0.00%)O0.197 H0.197 L0.197 C0.197 (+0.00%)O0.197 H0.197 L0.197 C0.197 (+0.00%)O0.198 H0.198 L0.198 C0.198 (+0.00%)O0.198 H0.198 L0.198 C0.198 (+0.00%)-4.7%O0.199 H0.199 L0.190 C0.190 (-4.70%)O0.199 H0.199 L0.190 C0.190 (-4.70%)O0.190 H0.190 L0.190 C0.190 (+0.00%)O0.190 H0.190 L0.190 C0.190 (+0.00%)O0.190 H0.190 L0.190 C0.190 (+0.00%)O0.190 H0.190 L0.190 C0.190 (+0.00%)O0.190 H0.199 L0.190 C0.198 (+4.42%)O0.190 H0.199 L0.190 C0.198 (+4.42%)O0.199 H0.199 L0.198 C0.199 (+0.08%)O0.199 H0.199 L0.198 C0.199 (+0.08%)#1#5#9#13#17#21#25up bar (C≥O)down bar (C<O)MA(5) closeμ closedoji (~no body)biggest body
25 bars · last close 19.87¢
Hourly traded contracts
n=25 · Σ=14,235 · μ=569.4 · σ=1390.5 · CV=2.44BURSTY · concentratedcumulative energy &nearr; · 50% by h=2101,5243,0494,5736,097μ = 5690 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak2,500 · 41.0% peak2,500 · 41.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak150 · 2.5% peak150 · 2.5% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak77 · 1.3% peak77 · 1.3% peak0 · 0.0% peak0 · 0.0% peak161 · 2.6% peak161 · 2.6% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak0 · 0.0% peak220 · 3.6% peak220 · 3.6% peak0 · 0.0% peak0 · 0.0% peak60 · 1.0% peak60 · 1.0% peak60 · 1.0% peak60 · 1.0% peak116 · 1.9% peak116 · 1.9% peak6,0976,097 · 100.0% peak6,097 · 100.0% peak0 · 0.0% peak0 · 0.0% peak114 · 1.9% peak114 · 1.9% peak2,334 · 38.3% peak2,334 · 38.3% peak2,346 · 38.5% peak2,346 · 38.5% peak50%#1#5#9#13#17#21#25#1 peak#2-3> μactivequietμ linecum energy
Σ vol = 14235 · peak 6097 · mean 569.4

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

Histogram of Δp
n=24 · 12 bins · μ=-0.0005 · σ=0.0049 · skew=0.99 (right-skewed) · kurt=2.67 (leptokurtic (fat tails))14117401-1.02ppbin -1.02pp · n=1 · 7.1% peakbin -1.02pp · n=1 · 7.1% peak2-0.80ppbin -0.80pp · n=2 · 14.3% peakbin -0.80pp · n=2 · 14.3% peak-0.57pp1-0.34ppbin -0.34pp · n=1 · 7.1% peakbin -0.34pp · n=1 · 7.1% peak14-0.11ppbin -0.11pp · n=14 · 100.0% peakbin -0.11pp · n=14 · 100.0% peak30.12ppbin 0.12pp · n=3 · 21.4% peakbin 0.12pp · n=3 · 21.4% peak0.34pp10.57ppbin 0.57pp · n=1 · 7.1% peakbin 0.57pp · n=1 · 7.1% peak10.80ppbin 0.80pp · n=1 · 7.1% peakbin 0.80pp · n=1 · 7.1% peak1.03pp1.26pp11.48ppbin 1.48pp · n=1 · 7.1% peakbin 1.48pp · n=1 · 7.1% peakμΔ < 0 · loss barsΔ ≈ 0 · flatΔ > 0 · gain barsN(μ,σ²) referenceμ line · ±σ band shaded
n=24 · positive 6 · negative 5
Q-Q plot · standardised Δp vs N(0,1)
n=24 · skew=0.66 · kurt=2.68 · near 10 / mid 13 / far 1 · OLS slope=0.89 intercept=-0.00LEPTOKURTIC — FAT TAILSUPPER TAIL NORMALLOWER TAIL NORMAL-3σ-3σ-2σ-2σ-1σ-1σ+0σ+0σ+1σ+1σ+2σ+2σ+3σ+3σsample ↓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=25APPROXIMATELY NORMAL · WELL-BEHAVED
μ MEAN19.93¢95% CI: [19.72¢, 20.14¢]
σ STD DEV0.54ppσ² = 0.287 · CV = 2.69%
med MEDIAN19.87¢Q₁ 19.74¢ · Q₃ 20.09¢
FIVE-NUMBER SUMMARY · BOX PLOT
min 19.00¢Q₁ 19.74¢med 19.87¢Q₃ 20.09¢max 21.17¢μ
SKEWNESS · G₁0.434approximately symmetric
−3−10+1+3
EXCESS KURTOSIS · G₂0.481mesokurtic · normal-like
−30+2+4+6
μ ↔ medianμ > med · right-tailed|μ−med| / σ = 0.11
σ × 1.349 ↔ IQRdiverges from normalratio = 2.05
range ↔ σwide tails (range > 4σ)range / σ = 4.05
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-0.011within white-noise band
ρ(2) AUTOCORR-0.290lag-2 not significant
H · HURST EXPONENT1.024strongly persistent
OLS TREND · t-STAT-2.162significant @ α=0.05
HURST EXPONENT [0, 1]
H = 1.024STRONGLY 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=1-0.011k=2-0.290k=3-0.342k=4+0.013k=5+0.1250+1−1+0.410.41+ momentum (ρ > +0.41)− reversal (ρ < −0.41)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 SIGNIFICANCESIGNIFICANT @ 5% (|t|=2.16)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#292
SLUGnew-zealand-292
QUOTE TOKENUSDC
TWO-SIDED PRICING
PRIMARY · YES19.37¢implied prob 19.37% · decimal odds 5.16×
COUNTER · NO80.63¢implied prob 80.63% · decimal odds 1.24×
19.37¢
80.63¢
Σ-SIDES ARBITRAGE TEST
0%50%100% · target110%
Σ = 100.00% · |1 − Σ| = 0.000pp
24H ACTIVITY · LIQUIDITY
24H VOLUME14.23k contracts
MARKET QUALITYPERFECT · ARB-FREE Σ=100.00%|1−Σ| ≤ 0.5pp ⇒ fair · > 2pp ⇒ inefficient
PRICING SKEWFAVOURS NO (81¢)|primary − counter| = 0.613 · entropy 0.709 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 19.4%No 80.6%YES19.4%H = 0.709 / 1.00 bits
Probability scale (Yes)
0%25%50%
fair
75%100%
Implied decimal odds
Yes5.16×(19¢)No1.24×(81¢)
Kelly bet-size (% of bankroll) K* = 0.00%
K* full
0.00%
½K half
0.00%
¼K quarter
0.00%
Entropy H(p̂) = 0.709 bits (71% 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 New Zealand wins the Game.

§10 · Hourly return heatmap

24-hour signed Δp grid · green = up · red = down
HOURLY RETURN HEATMAP · n=24 bars · best 1.60% · worst -1.14% · typical |Δ| 0.27%MILD BULLISH +0.10%BEST+1.60%00hWORST-1.14%02hTYPICAL |Δ|0.27%mean absoluteCUMULATIVE+0.10%Σ signed ΔSTREAK↗ 2up-runASIA · 00-08 UTCμ +0.06% · Σ +0.52%EUROPE · 08-16 UTCμ -0.03% · Σ -0.24%US · 16-24 UTCμ -0.02% · Σ -0.17%CUMULATIVE Δ PATH · final +0.10%+1.40%-0.76%0.00% · 17h0.00% · 17h·17h0.61% · 18h0.61% · 18h0.61%18h0.00% · 19h0.00% · 19h·19h0.00% · 20h0.00% · 20h·20h-0.81% · 21h-0.81% · 21h-0.81%21h0.00% · 22h0.00% · 22h·22h0.00% · 23h0.00% · 23h·23h1.60% · 00h1.60% · 00h1.60%00h★ BEST0.00% · 01h0.00% · 01h·01h-1.14% · 02h-1.14% · 02h-1.14%02h▼ WORST0.00% · 03h0.00% · 03h·03h0.00% · 04h0.00% · 04h·04h0.00% · 05h0.00% · 05h·05h0.00% · 06h0.00% · 06h·06h0.06% · 07h0.06% · 07h0.06%07h0.00% · 08h0.00% · 08h·08h-0.34% · 09h-0.34% · 09h-0.34%09h-0.01% · 10h-0.01% · 10h-0.01%10h0.11% · 11h0.11% · 11h0.11%11h-0.84% · 12h-0.84% · 12h-0.84%12h0.00% · 13h0.00% · 13h·13h0.00% · 14h0.00% · 14h·14h0.84% · 15h0.84% · 15h0.84%15h0.02% · 16h0.02% · 16h0.02%16hTIME PATTERNAsia-led (+0.52%)RUNSup max 2 · down max 2BREADTH25% up · 21% down · 54% flat
6 up bars · 5 down · best 1.60% · worst -1.14% · typical |Δ| 0.265%

§11 · Equity curve & underwater drawdown

Cumulative compounded return + running peak-to-trough
EQUITY & DRAWDOWN ANALYSIS · n=25 barsPROFITABLE +0.07%FINAL+0.07%MAX DD-2.15%RECOVERYONGOING · 15 barsMAX RUN-UP+1.39%UNDERWATER18/25 (72%)STREAK↗ 2EQUITY CURVE · end 1.0007 · peak 1.0139 · range [0.9921, 1.0139]1.01390.9921break-even = 1★ PEAK 1.0139UNDERWATER DRAWDOWN · max -2.15% · moderate0%-2.15%▼ TROUGH -2.15%TOP DRAWDOWN PERIODS · 2 total#1 -2.15%bar 11-25 · 15 bars · ONGOING#2 -0.80%bar 6-8 · 3 bars · recoveredDD SEVERITYmoderate (max -2.15%)RECOVERYongoing · 15 barsTIME UNDER WATER72% of session · 18/25 bars
final equity 1.0007 (0.07%) · max DD -2.15% · time-under-water 18/25 bars

§12 · Rolling-window statistics (w = 6 bars)

Rolling annualised Sharpe ratio · green positive · red negative
n=19 · +8 / −11 (42% positive) · μ=-11.19 · σ=25.20MIXED EDGELAST 3.89 (+0.60σ vs μ)47.3423.670.00-23.67-47.34μ = -11.19-6.79-6.79-6.79-6.7915.7215.7215.7215.72-5.67-5.678.248.248.248.248.248.24-38.21-38.21-35.97-35.9738.2138.21-30.69-30.69-32.13-32.13-18.62-18.62-44.17-44.17-47.34-47.34-47.34-47.342.842.843.893.89v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest 3.892 · range [-47.34, 38.21] · μ -11.191 · positive Sharpe = excess-return-per-risk earned by buying-and-holding through this window
Rolling annualised volatility (%)
n=19 · μ=47.2285 · σ=26.5310 · range [2.1015, 88.5417] · R²=0.239 RISING +18.46%σ EXTREME 56.18%LAST 49.890788.541766.931745.321623.71162.1015μ = 47.2285max 88.5417min 2.1015dataMA(3)OLS R²=0.24μ lineμ ± σ bandmaxmin
latest 49.89% · range [2.10%, 88.54%] · μ 47.23% · σ̂ scaled to annualised (×√8760)
Rolling lag-1 autocorrelation ρ(1)
n=19 · +4 / −15 (21% positive) · μ=-0.102 · σ=0.150MEAN-REVERSIONLAST -0.051 (+0.35σ vs μ)0.4970.2490.000-0.249-0.497μ = -0.102-0.007-0.007-0.027-0.0270.0290.029-0.039-0.0390.0200.020-0.011-0.011-0.011-0.0110.0210.021-0.233-0.233-0.030-0.030-0.233-0.2330.0030.003-0.120-0.120-0.061-0.061-0.242-0.242-0.497-0.497-0.401-0.401-0.057-0.057-0.051-0.051v > 0 · positivev < 0 · negativeμ mean lineμ ± σ bandlatest bar (outlined)
latest -0.051 · |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
15.2351
p-VALUE (log scale)
0.0005
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
6.3729
p-VALUE (log scale)
0.2708
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
-2.5975
p-VALUE (log scale)
0.0953
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
1.6330
p-VALUE (log scale)
0.1025
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedsigns appear random (9 runs)
χ

KPSS (μ stationarity)

FAIL TO REJECTns

H₀: p IS level-stationary

STATISTIC
0.3405
p-VALUE (log scale)
0.1114
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedstationary not rejected (crit 0.463)
χ

Variance ratio q=3

FAIL TO REJECTns

H₀: Δp is a random walk · VR = 1

STATISTIC
-0.6572
p-VALUE (log scale)
0.5110
α
10⁻⁴10⁻³10⁻²10⁻¹1
p ≥ α · null retainedVR 0.800 ≈ 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=12 bins · noise floor μ=2.67e-5 · top T=4.80h (24.2%) · top-3 cover 51.1%1 SIGNIFICANT CYCLEcumulative energy ↗ (1 bin above 2× noise)7.7e-55.8e-53.9e-51.9e-50.0e+0μ noise floor2× noise (significance)period 24.0 · power 8.74e-6 · 2.7% energyperiod 24.0 · power 8.74e-6 · 2.7% energyperiod 12.0 · power 4.40e-6 · 1.4% energyperiod 12.0 · power 4.40e-6 · 1.4% energyperiod 8.0 · power 4.91e-5 · 15.3% energyperiod 8.0 · power 4.91e-5 · 15.3% energyperiod 6.0 · power 2.69e-5 · 8.4% energyperiod 6.0 · power 2.69e-5 · 8.4% energyperiod 4.8 · power 7.75e-5 · 24.2% energyperiod 4.8 · power 7.75e-5 · 24.2% energyperiod 4.0 · power 2.65e-5 · 8.3% energyperiod 4.0 · power 2.65e-5 · 8.3% energyperiod 3.4 · power 3.73e-5 · 11.6% energyperiod 3.4 · power 3.73e-5 · 11.6% energyperiod 3.0 · power 1.36e-5 · 4.3% energyperiod 3.0 · power 1.36e-5 · 4.3% energyperiod 2.7 · power 1.08e-5 · 3.4% energyperiod 2.7 · power 1.08e-5 · 3.4% energyperiod 2.4 · power 3.50e-5 · 10.9% energyperiod 2.4 · power 3.50e-5 · 10.9% energyperiod 2.2 · power 3.02e-5 · 9.4% energyperiod 2.2 · power 3.02e-5 · 9.4% energyperiod 2.0 · power 6.14e-7 · 0.2% energyperiod 2.0 · power 6.14e-7 · 0.2% energy50% by T=4.8h#1 dominantT=4.80h#2T=8.00h#3T=3.43hT=2hT=3hT=4hT=6hT=8hT=12hT=16hT=24h← 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 ≈ 4.80h (freq 0.208) · concentrates 24.2% of total energy · Σ|X̂|²/n = 3.207e-4

▸ 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 0.050pp · expected |Δp| over horizon 0.65ppterminal variance p(1−p) = 0.1561 · n = 5000n = 5000
μ per bar
-0.000pp
average Δp · drift
σ per bar
0.050pp
one-bar volatility · logit-free
Per-day movedaily
0.25pp
σ × √24
Per-horizon move7d
0.65pp
σ × √168
Terminal variancebinary
0.1561
p(1−p) at resolution
Current pricep
19.4¢
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 0.08pp · ES₉₅ 0.10pp · method parametric · drift-correcteddrift -0.000pp/bar · quantised: yes · median step 0.00pp · unique ratio 0.01n = 5000
VaR 95%
0.08pp
1.645·σ (parametric) of Δp
ES 95%
0.10pp
mean of the tail
Max drawdown
11.4pp
peak 20.5¢ → trough 18.2¢
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
19.4%
= price
Decimal oddsEU
5.163
total return per $1
AmericanUS
+416
$100 wins $416
FractionalUK
4.16 / 1
profit per $1 risked
Profit per $100stake
+$416.33
clean dollar framing
-1000-5000+500+1000020406080100you · 19.4%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)
0.709 bit
max 1.0 at p = 0.5
Your entropyH(q)
0.709 bit
Δ +0.000 bit vs market
Surprise · YES−log₂ p
2.37 bit
self-information
Surprise · NO−log₂(1−p)
0.31 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 16:05:37 UTC
Snapshot age
419ms
Page rendered
2026-06-14 16:05:38 UTC
History points
25 closes · 25 counter-side closes
Storage policy
no persistence — fetched on every request
SHA-256 attestation
ae6d6abfce833d5019c8f3b5389095ff583f100dbfbfa94a5daff59f11bdae85 · 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)
600.69%
σ per bar = 0.002620
Mean return (annualised)
-2195.68%
μ per bar = -0.000004
Sharpe (rf=0)
-3.66
annualised; risk-free assumed zero
Max drawdown
11.42%
peak 0.20 → trough 0.18 over 2436 bars

/api/asset/hl-pred-new-zealand-292/risk · same metrics, JSON