TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will Crude Oil (CL) hit (HIGH) $110 by end of June?

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 · “crude · oil · hit” (14 markets)

Top terms: crudeoilhitclendjune

§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 Crude Oil (CL) hit (HIGH) $115 by end of June?-5.652169▲ cointegrated · pair candidate
Will Crude Oil (CL) hit (HIGH) $130 by end of June?-5.625169▲ cointegrated · pair candidate
Will Crude Oil (CL) hit (HIGH) $120 by end of June?-5.161169▲ cointegrated · pair candidate
Will Crude Oil (CL) hit (HIGH) $105 by end of June?-4.856169▲ cointegrated · pair candidate
Will Crude Oil (CL) hit (LOW) $70 by end of June?-3.586169▲ cointegrated · pair candidate
Will Crude Oil (CL) hit (HIGH) $150 by end of June?-3.285169no rejection · independent
Will Crude Oil (CL) hit (HIGH) $200 by end of June?-2.714169no rejection · independent
Will Crude Oil (CL) hit (HIGH) $175 by end of June?-2.212169no rejection · independent

▸ Advanced metrics · M2M bundle

polymarket · will-crude-oil-cl-hit-high-110-by-end-of-june-167-319-572 · fresh · feed 0s old
24h sparkline · 60 pts
realized vol (ann.)
40.67%
max drawdown
32.79%
sharpe
ulcer index
21.29%
RMS drawdown
pain index
18.68%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
32.79%
cond. drawdown
gain/pain
0.40
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
0.40
upside/downside
roll spread
11.3 bps
implied (price-only)
bars used
647
store
spread
24h Δ
flow lean
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/pm-will-crude-oil-cl-hit-high-110-by-end-of-june-167-319-572/bundle · venue execution: polymarket