TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will Bruno Fernandes be the top goalscorer at 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 · “fifa · cup · world” (55 markets)

Top terms: fifacupworldsports2026win

§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 Belgium win the 2026 FIFA World Cup?-5.277169▲ cointegrated · pair candidate
Will Bukayo Saka be the top goalscorer at the 2026 FIFA World Cup?-2.738169no rejection · independent
Will Australia win the 2026 FIFA World Cup?-2.407169no rejection · independent
Will Colombia advance to the knockout stages at the 2026 FIFA World Cup?-2.058169no rejection · independent
Will Brazil win the 2026 FIFA World Cup?-1.920169no rejection · independent
Will Canada win the 2026 FIFA World Cup?-1.432169no rejection · independent
Will Algeria win the 2026 FIFA World Cup?-1.132169no rejection · independent
Will Cape Verde win the 2026 FIFA World Cup?-1.132169no rejection · independent

▸ Advanced metrics · M2M bundle

polymarket · will-bruno-fernandes-be-the-top-goalscorer-at-the-2026-fifa-world-cup · fresh · feed 9s old
24h sparkline · 60 pts▼ -64.29%
realized vol (ann.)
4.18%
max drawdown
44.44%
sharpe
—
ulcer index
39.67%
RMS drawdown
pain index
38.13%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
44.44%
cond. drawdown
gain/pain
0.20
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.20
upside/downside
roll spread
7.2 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
-64.29%
flow lean
—
carry
flat
signalNEUTRALconfidence 25%
  • 24h change -64.29%
Same bundle via M2M API: /api/m2m/pm-will-bruno-fernandes-be-the-top-goalscorer-at-the-2026-fifa-world-cup/bundle · venue execution: polymarket →