TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will Africa (CAF) win the 2026 FIFA World Cup?

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 · “goalscorer · top · fifa” (26 markets)

Top terms: goalscorertopfifacupworldsports

§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
Will Cody Gakpo be the top goalscorer at the 2026 FIFA World Cup?-2.525168no rejection · independent
Will Antoine Semenyo be the top goalscorer at the 2026 FIFA World Cup?-2.523168no rejection · independent
Will Bukayo Saka be the top goalscorer at the 2026 FIFA World Cup?-2.512168no rejection · independent
Will Depay Memphis be the top goalscorer at the 2026 FIFA World Cup?-2.498168no rejection · independent
Will Bruno Fernandes be the top goalscorer at the 2026 FIFA World Cup?-2.459168no rejection · independent
Will Desire Doue be the top goalscorer at the 2026 FIFA World Cup?-2.457168no rejection · independent
Will Andrej Kramarić be the top goalscorer at the 2026 FIFA World Cup?-2.341168no rejection · independent
Will Edin Džeko be the top goalscorer at the 2026 FIFA World Cup?-2.273168no rejection · independent

▸ Advanced metrics · M2M bundle

polymarket · will-africa-win-the-2026-fifa-world-cup · fresh · feed 8s old
24h sparkline · 60 pts▼ —
realized vol (ann.)
35.97%
max drawdown
11.24%
sharpe
—
ulcer index
4.37%
RMS drawdown
pain index
3.16%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
10.56%
cond. drawdown
gain/pain
1.29
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.29
upside/downside
roll spread
1.4 bps
implied (price-only)
bars used
946
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/pm-will-africa-win-the-2026-fifa-world-cup/bundle · venue execution: polymarket →