TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will Camilo Santana win the 2026 Brazilian 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 · “brazilian · election · president” (11 markets)
Top terms: brazilianelectionpresidentpoliticswin2026
- ★ Will Camilo Santana win the 2026 Brazilian presidential election?1.8¢ YES · $26.4k 24h
- Will Eduardo Bolsonaro win the 2026 Brazilian presidential election?0.1¢ YES · $24.5k 24h
- Will Flávio Bolsonaro win the 2026 Brazilian presidential election?24.8¢ YES · $23.1k 24h
- Will Geraldo Alckmin win the 2026 Brazilian presidential election?0.4¢ YES · $70.6k 24h
- Will Luiz Inácio Lula da Silva win the 2026 Brazilian presidential election?49.5¢ YES · $23.4k 24h
- Will Michelle Bolsonaro win the 2026 Brazilian presidential election?1.1¢ YES · $79.2k 24h
- Will Renan Santos win the 2026 Brazilian presidential election?14.9¢ YES · $74.6k 24h
- Will Romeu Zema win the 2026 Brazilian presidential election?1.6¢ YES · $29.1k 24h
- Will Ronaldo Caiado win the 2026 Brazilian presidential election?2.2¢ YES · $41.7k 24h
- Will Tarcisio de Freitas win the 2026 Brazilian presidential election?0.1¢ YES · $56.3k 24h
- Will Tereza Cristina win the 2026 Brazilian presidential election?0.1¢ YES · $70.3k 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 |
|---|---|---|---|
| -2.180 | 169 | no rejection · independent | |
| -2.150 | 169 | no rejection · independent | |
| -2.100 | 169 | no rejection · independent | |
| -1.937 | 169 | no rejection · independent | |
| -1.784 | 169 | no rejection · independent | |
| -1.745 | 169 | no rejection · independent | |
| -1.473 | 169 | no rejection · independent | |
| -1.390 | 169 | no rejection · independent |
▸ Advanced metrics · M2M bundle
polymarket · will-camilo-santana-win-the-2026-brazilian-presidential-election · fresh · feed 4s old24h sparkline · 60 pts▼ —
realized vol (ann.)
2.96%
max drawdown
5.41%
sharpe
—
ulcer index
1.84%
RMS drawdown
pain index
0.62%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
5.41%
cond. drawdown
gain/pain
0.00
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.00
upside/downside
roll spread
0.5 bps
implied (price-only)
bars used
2000
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-will-camilo-santana-win-the-2026-brazilian-presidential-election/bundle · venue execution: polymarket →