TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will Abelardo de la Espriella win the 2026 Colombian presidential election?
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 · “colombian · election · cepeda” (4 markets)
Top terms: colombianelectioncepedacastroabelardola
- Will Abelardo de la Espriella place 1st in Bogotá in the second round of the 2026 Colombia presidential election?57.5¢ YES · $33.2k 24h
- ★ Will Abelardo de la Espriella win the 2026 Colombian presidential election?88.5¢ YES · $178.4k 24h
- Will Iván Cepeda Castro place 1st in Bogotá in the second round of the 2026 Colombia presidential election?43.5¢ YES · $25.2k 24h
- Will Ivan Cepeda Castro win the 2026 Colombian presidential election?11.5¢ YES · $325.7k 24h
§2 · Engle-Granger cointegration screen (3 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 |
|---|---|---|---|
| -5.388 | 168 | ▲ cointegrated · pair candidate | |
| -3.779 | 168 | ▲ cointegrated · pair candidate | |
| -3.699 | 168 | ▲ cointegrated · pair candidate |
▸ Advanced metrics · M2M bundle
polymarket · will-abelardo-de-la-espriella-win-the-2026-colombian-presidential-election · fresh · feed 6s old24h sparkline · 60 pts▼ —
realized vol (ann.)
58.89%
max drawdown
1.12%
sharpe
—
ulcer index
1.07%
RMS drawdown
pain index
1.03%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
1.12%
cond. drawdown
gain/pain
0.00
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.00
upside/downside
roll spread
0.4 bps
implied (price-only)
bars used
506
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-will-abelardo-de-la-espriella-win-the-2026-colombian-presidential-election/bundle · venue execution: polymarket →