TF-IDF basket · Engle-Granger pairs · Polymarket

Related to Will North America (CONCACAF) 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 · “fifa · cup · world” (38 markets)

Top terms: fifacupworldsportswin2026

§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 Algeria win the 2026 FIFA World Cup?-5.962168▲ cointegrated · pair candidate
Will Canada win the 2026 FIFA World Cup?-5.437168▲ cointegrated · pair candidate
Will Australia win Group D in the 2026 FIFA World Cup?-5.357168▲ cointegrated · pair candidate
Will Brazil win Group C in the 2026 FIFA World Cup?-4.193168▲ cointegrated · pair candidate
Will Algeria win Group J in the 2026 FIFA World Cup?-4.167168▲ cointegrated · pair candidate
Will Algeria win on 2026-06-22?-4.158168▲ cointegrated · pair candidate
Will Cape Verde win the 2026 FIFA World Cup?-3.831168▲ cointegrated · pair candidate
Will Brazil win the 2026 FIFA World Cup?-3.704168▲ cointegrated · pair candidate

▸ Advanced metrics · M2M bundle

polymarket · will-north-america-win-the-2026-fifa-world-cup · fresh · feed 15s old
24h sparkline · 60 pts▼ —
realized vol (ann.)
12.99%
max drawdown
5.81%
sharpe
—
ulcer index
5.54%
RMS drawdown
pain index
5.32%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
5.81%
cond. drawdown
gain/pain
0.29
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
0.29
upside/downside
roll spread
1.5 bps
implied (price-only)
bars used
805
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API: /api/m2m/pm-will-north-america-win-the-2026-fifa-world-cup/bundle · venue execution: polymarket →