TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Israel closes its airspace by June 30?
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 · “airspace · israel · closes” (9 markets)
Top terms: airspaceisraelclosesiranpermanentpeace
- Israel closes its airspace by June 14?6.0¢ YES · $383.9k 24h
- Israel closes its airspace by June 15?10.8¢ YES · $330.0k 24h
- ★ Israel closes its airspace by June 30?21.5¢ YES · $106.8k 24h
- Israel x Hezbollah permanent peace deal by June 15, 2026?5.0¢ YES · $96.7k 24h
- Israel x Hezbollah permanent peace deal by June 30, 2026?14.8¢ YES · $251.6k 24h
- Israel x Iran permanent peace deal by June 30, 2026?9.8¢ YES · $165.8k 24h
- Will Iran close its airspace by June 14?15.5¢ YES · $120.8k 24h
- Will Iran close its airspace by June 15?19.5¢ YES · $83.2k 24h
- Will Iran close its airspace by June 30?35.5¢ YES · $38.4k 24h
§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.
| Peer | t-stat | n | Verdict |
|---|---|---|---|
| -6.946 | 117 | ▲ cointegrated · pair candidate | |
| -6.313 | 117 | ▲ cointegrated · pair candidate | |
| -6.233 | 141 | ▲ cointegrated · pair candidate | |
| -5.757 | 117 | ▲ cointegrated · pair candidate | |
| -5.504 | 169 | ▲ cointegrated · pair candidate | |
| -3.756 | 169 | ▲ cointegrated · pair candidate | |
| -3.743 | 169 | ▲ cointegrated · pair candidate | |
| -3.030 | 169 | no rejection · independent |
▸ Advanced metrics · M2M bundle
polymarket · israel-closes-its-airspace-by-june-30-324-253-464-332-827-713-671-846 · fresh · feed 0s old24h sparkline · 60 pts▲ 230.77%
realized vol (ann.)
503.28%
max drawdown
32.73%
sharpe
—
ulcer index
8.60%
RMS drawdown
pain index
4.55%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
23.71%
cond. drawdown
gain/pain
1.81
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.81
upside/downside
roll spread
11.0 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
230.77%
flow lean
—
carry
flat
signalNEUTRALconfidence 25%
- 24h change +230.77%
Same bundle via M2M API:
/api/m2m/pm-israel-closes-its-airspace-by-june-30-324-253-464-332-827-713-671-846/bundle · venue execution: polymarket →