TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Spain vs. Cabo Verde: O/U 2.5

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 · “spain · cabo · verde” (15 markets)

Top terms: spaincaboverdemarketsspreadboth

§2 · Engle-Granger cointegration screen (8 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
Spread: Spain (-2.5)-7.047169▲ cointegrated · pair candidate
Will Cabo Verde win on 2026-06-15?-6.345169▲ cointegrated · pair candidate
Spread: Spain (-1.5)-5.725169▲ cointegrated · pair candidate
Will Spain win on 2026-06-15?-5.555169▲ cointegrated · pair candidate
Will Spain vs. Cabo Verde end in a draw?-5.521169▲ cointegrated · pair candidate
Spain vs. Cabo Verde: Both Teams to Score-5.435169▲ cointegrated · pair candidate
Spain leading at halftime?-5.406169▲ cointegrated · pair candidate
Spread: Spain (-3.5)-3.657103▲ cointegrated · pair candidate

▸ Advanced metrics · M2M bundle

polymarket · fifwc-esp-cvi-2026-06-15-total-2pt5 · fresh · feed 0s old
24h sparkline · 60 pts▼ —
realized vol (ann.)
74.70%
max drawdown
1.40%
sharpe
—
ulcer index
0.82%
RMS drawdown
pain index
0.48%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
1.40%
cond. drawdown
gain/pain
1.00
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.00
upside/downside
roll spread
0.0 bps
implied (price-only)
bars used
630
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/pm-fifwc-esp-cvi-2026-06-15-total-2pt5/bundle · venue execution: polymarket →