TF-IDF basket · Engle-Granger pairs · Polymarket
Related to Will WTI Crude Oil (WTI) hit (LOW) $70 in 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” (19 markets)
Top terms: crudeoilhitwticlend
- Will Crude Oil (CL) hit (HIGH) $105 by end of June?3.5¢ YES · $76.6k 24h
- Will Crude Oil (CL) hit (HIGH) $110 by end of June?1.9¢ YES · $47.6k 24h
- Will Crude Oil (CL) hit (HIGH) $115 by end of June?1.8¢ YES · $32.6k 24h
- Will Crude Oil (CL) hit (HIGH) $120 by end of June?1.7¢ YES · $84.5k 24h
- Will Crude Oil (CL) hit (HIGH) $130 by end of June?1.6¢ YES · $51.2k 24h
- Will Crude Oil (CL) hit (HIGH) $140 by end of June?0.9¢ YES · $31.7k 24h
- Will Crude Oil (CL) hit (HIGH) $150 by end of June?1.2¢ YES · $31.8k 24h
- Will Crude Oil (CL) hit (HIGH) $175 by end of June?0.7¢ YES · $206.7k 24h
- Will Crude Oil (CL) hit (HIGH) $200 by end of June?0.5¢ YES · $60.1k 24h
- Will Crude Oil (CL) hit (LOW) $70 by end of June?14.8¢ YES · $73.0k 24h
- Will Crude Oil (CL) hit (LOW) $75 by end of June?49.0¢ YES · $26.9k 24h
- Will Crude Oil (CL) hit (LOW) $80 by end of June?86.5¢ YES · $42.1k 24h
- Will WTI Crude Oil (WTI) hit (HIGH) $200 in June?0.3¢ YES · $31.7k 24h
- Will WTI Crude Oil (WTI) hit (LOW) $65 in June?7.0¢ YES · $31.1k 24h
- Will WTI Crude Oil (WTI) hit (LOW) $75 in June?49.5¢ YES · $43.2k 24h
- ★ Will WTI Crude Oil (WTI) hit (LOW) $70 in June?19.5¢ YES · $24.3k 24h
- Will WTI Crude Oil (WTI) hit (LOW) $80 in June?98.5¢ YES · $72.6k 24h
- Will WTI Crude Oil (WTI) hit (HIGH) $100 in June?8.5¢ YES · $29.6k 24h
- Will WTI Crude Oil (WTI) hit (HIGH) $120 in June?1.6¢ YES · $23.6k 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 |
|---|---|---|---|
| -5.362 | 168 | ▲ cointegrated · pair candidate | |
| -4.848 | 169 | ▲ cointegrated · pair candidate | |
| -4.559 | 169 | ▲ cointegrated · pair candidate | |
| -4.494 | 169 | ▲ cointegrated · pair candidate | |
| -4.455 | 169 | ▲ cointegrated · pair candidate | |
| -4.189 | 169 | ▲ cointegrated · pair candidate | |
| -3.988 | 169 | ▲ cointegrated · pair candidate | |
| -3.624 | 169 | ▲ cointegrated · pair candidate |
▸ Advanced metrics · M2M bundle
polymarket · will-wti-dip-to-70-in-june-2026-532-385-742-336-388 · fresh · feed 0s old24h sparkline · 60 pts▼ —
realized vol (ann.)
84.00%
max drawdown
4.88%
sharpe
—
ulcer index
3.18%
RMS drawdown
pain index
2.07%
mean drawdown
mod. VaR 95%
0.00%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
4.88%
cond. drawdown
gain/pain
2.50
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
2.50
upside/downside
roll spread
2.2 bps
implied (price-only)
bars used
684
store
spread
—
24h Δ
—
flow lean
—
carry
flat
signalNEUTRALconfidence 20%
Same bundle via M2M API:
/api/m2m/pm-will-wti-dip-to-70-in-june-2026-532-385-742-336-388/bundle · venue execution: polymarket →