NOSTRADAMUS · Position Analytics Engine

SIMULATOR Will Jackson Suber win the RBC Canadian Open?

A live, interactive instrument for dissecting a single binary position. Sweep the inputs and watch every indicator recompute — payoff geometry, Kelly growth, Bayesian posterior, KL divergence, cost waterfall, Monte-Carlo equity fan, forecast calibration. Companion to the live /feed/kalshi-kxpgatour-rbbcan26-jsub page.

▲ YES EDGE · +0.022 · f★ 2.7% · deploy 1.3% · net 1.43pp

§1 · Position economics

Payoff diagram · binary contract P/L vs resolution
YES · Expected P/L per share +0.0218@ model P(YES) = 0.212
-1.00-0.50+0.00+0.50+1.000.000.200.400.600.801.00price 0.190model 0.212YES resolution priceP/L per $1 contract
P/L per sharemarket pricemodel Pprofit zoneloss zone
Profit is linear in the eventual settlement price.
Kelly growth curve · g(f) with f★ and deployed f markers
f★ = 2.70% · g(f★) = 0.151%deploy 1.35% · g = 0.114%
-2.45%-1.80%-1.14%-0.48%0.17%0%8%16%24%32%40%f★ optimumdeployfraction of bankroll fexpected log-growth g(f)
g(f)f★ optimumdeployed fgrowth zone
Underbet leaves growth on the table; overbet destroys capital. The interior maximum is f★.

§2 · The trade ticket

Trade ticket · dollar outcomes at this stake
YES @ 0.190 · EV +$39stake $337 · 1.35% of bankroll
Deployed stakestake
$337
1.35% of bankroll
Sharesunits
1,774
each pays $1 if YES
Max payoutwin
$1,774
gross, if win
Max profitwin
+$1,437
net of cost
Max losslose
-$337
binary settles to $0
Payout multiple×
×5.26
$1 → $5.26
Risk:RewardR:R
4.26 : 1
win $4.26 per $1
Expected P/LE[P/L]
+$39
probability-weighted
OutcomeP(model)P/LContribution
Resolves YES (win)21.2%+$1,437+$304
Resolves against (lose)78.8%-$337-$266
Expected value100.0%+$39
What you actually win and lose. The bottom table tabulates probability-weighted P/L by outcome.

§3 · Break-even & cushion

Break-even & cushion · margin of safety
Cushion +2.2 pprelative edge +11.5%
Required win ratebreak-even
19.0%
price = implied probability
Model win rateP(win)
21.2%
what you forecast
Cushionedge
+2.2 pp
margin of safety
Fair pricemodel
0.212
where you think it should trade
-60-3003060020406080100you @ 19.0%market price (%)cushion (pp)
The market price equals the win rate you must beat to make money.

§4 · Odds conversion

Implied probability, decimal, American, fractional
Implied probabilityP
19.0%
= price
Decimal oddsEU
5.263
total return per $1
AmericanUS
+426
$100 wins $426
FractionalUK
4.26 / 1
profit per $1 risked
Profit per $100stake
+$426.32
clean dollar framing
-1000-5000+500+1000020406080100you · 19.0%implied probability (%)American odds
underdog (+)favorite (-)your price
Five views of the same number.

§4b · Time & annualized return

Time & APR · capital lockup vs annualized return
APR 200% · APY 563%ROI 11.5% over 21d · 17.4 turns/yr
Time to resolvehorizon
21.0 d
504h capital lockup
Raw ROIper resolve
+11.5%
APR (simple)scaled
+200%
ROI × 365/days
APY (compounded)if redeployed
+563%
(1+ROI)^(365/d) − 1
Daily expectedper day
+0.52%
geometric, per day held
Capital turns/yrvelocity
×17.4
how often this slot recycles
0%220%440%660%880%1100%121416180100120now 21ddays to resolutionannualized return (capped 1000%)
simple APRcompounded APYyour horizon
Rank positions by APR, not raw ROI. A thin edge tomorrow beats a fat edge next year.

§5 · Costs & net edge

Cost waterfall · gross edge → net of friction
Net edge +1.43 pperosion 34% · break-even w/ fees 19.8%
-0.1pp0.5pp1.1pp1.7pp2.2pp2.8pp+2.18Gross edge-0.75- ½ spread+0.00- entry fee+0.00- exit fee+1.43Net edgeEV / share (pp)
gross edgefrictionnet edgefee 0 bps · spread 1.50¢
The number that decides whether to trade.

§6 · Sizing menu

Sizing menu · disciplined deployment
Full Kellyf★
$674
2.70% · g = 0.151%
Half Kelly½ f★
$337
1.35% · g = 0.114%
Quarter Kelly¼ f★
$169
0.67% · g = 0.067%
Flat 1%1%
$250
1.00% · g = 0.092%
Flat 2%2%
$500
2.00% · g = 0.141%
Flat 5%5%
$1,250
5.00% · g = 0.051%
Recommended¼ f★
$169
survives model error
$0$369$738$1,106$1,475$674Full Kelly2.70%$337Half Kelly1.35%$169Quarter Kelly0.67%$250Flat 1%1.00%$500Flat 2%2.00%$1,250Flat 5%5.00%
Quarter-Kelly is the industry default — survives model error far better than full Kelly.

§7 · Information theory

Binary entropy · uncertainty in bits
Market entropyH(p)
0.701 bit
max 1.0 at p = 0.5
Your entropyH(q)
0.745 bit
Δ +0.044 bit vs market
Surprise · YES−log₂ p
2.40 bit
self-information
Surprise · NO−log₂(1−p)
0.30 bit
self-information
0.000.260.530.791.050.00.20.40.60.81.0marketmodelprobabilityH (bits)
H(p) peaks at p = 0.5 (one bit of irreducible doubt).
KL divergence · upper bound on exploitable edge
NOISE · D_KL(q ‖ p) = 0.0015 nat (0.0022 bit)belief ≈ market — stand down
-0.027-0.0130.0020.0160.0300.0231YES branch-0.0215NO branchΣKL = 0.0015 natKL contribution (nat)
YES contributionNO contributionbelief ‖ marketnoise
Zero KL ⇒ you know nothing the crowd doesn't.

§8 · Bayesian inference

Bayesian posterior · prior + evidence → belief with 95% CI
MARKET PRICE INSIDE 95% CIposterior μ 0.212 · CI [0.11, 0.34] · κ 45.4
Posterior meanE[θ]
0.212
Beta(9.6, 35.8)
95% credible intervalHDI
[0.11, 0.34]
price INSIDE → weak edge
Concentrationκ
45.4
pseudo-obs behind belief
Disagreementvs crowd
+2.2 pp
posterior − price
0.000.200.400.600.801.00marketposterior μprobability θposterior density
market prior (dashed)model posterior95% credible bandmarket price
When the market price falls outside the 95% credible interval, your disagreement is statistically meaningful.

§9 · Tail risk · Monte-Carlo (mode A · single position to resolution)

Mark-to-market MC · single position held to resolution
E[P/L] +18.4% · P(YES) 22.5% · VaR₉₅ 100.0%400 paths · 504 bars to resolution
Expected P/Lper $1
+18.42%
P(YES) empiricalq
22.5%
Best pathmax
+426.3%
Worst pathmin
-100.0%
VaR 95%5%
100.0%
CVaR 95%ES
100.0%
25¢50¢75¢100¢084168252336420504entry 19.0¢model q 21.2¢bars until resolutionprice path
median path25/75 + 5/95 bandsentry pricemodel q
Logit-space mean-reverting walk + terminal flip with probability q. Answers: 'what happens to THIS one position'. Distinct from the repeated-edge fan below.

§9b · Tail risk · Monte-Carlo (mode B · repeated independent edges)

Monte-Carlo equity fan · this profile, repeated 400× independently
Median CAGR/bet 0.09% · ruin rate 0.5%400 paths × 120 bets · f deploy 1.35%
Sharpe / betμ/σ
0.062
μ 0.18% · σ 2.9%
Sortino / betμ/σ↓
0.134
downside-only denominator
VaR 95%5%
-1.3%
per-bet worst-case
CVaR 95%ES
-1.3%
mean tail loss
Max drawdownMDD
-6.6%
Calmar 0.01
Ruin rate≤50%
0.5%
P(equity ever ≤ 50%)
0.66×0.97×1.27×1.57×1.88×2.18×020406080100120startruin 50%bet #bankroll multiple
median25/75 band5/95 bandruin line
Answers a different question: 'if I could find this exact edge forever, what is the bankroll trajectory'. Compounds 120 sequential resolutions which is NOT what happens to a single position.

§10 · Base-rate & macro context

Probability stack · base rate vs crowd vs model
ANCHORED · supported by convictionanchor gap -21.3pp · crowd gap -23.5pp
0%20%40%60%80%100%Reference base rate42.5%Market price19.0%Model P(YES)21.2%
Anchor gapmodel − base
-21.3 pp
Crowd gapprice − base
-23.5 pp
Verdictdiscipline
ANCHORED
Reference-class anchoring prevents narrative-driven blowups.

§11 · Forecast quality (synthetic ledger)

Brier · Murphy decomposition · reliability · ROC
SKILL POSITIVE · in-sample BSS 19.2% · AUC 0.761out-of-sample BSS (5-fold) 19.3% ± 3.0% · Brier 0.2020 · log-loss 0.6046 · n 1600n = 1600
BrierBS
0.2020
lower = better · ō 0.50
BSSvs base
19.2%
improvement over base rate
ReliabilityREL
0.0055
miscalibration · want ↓
ResolutionRES
0.0536
decisiveness · want ↑
Log lossLL
0.6046
cross-entropy
AUCROC
0.761
0.5 coin · 1.0 oracle
0.00.20.40.60.81.00.00.20.40.60.81.0stated probability fobserved frequency ō0.00.20.40.60.81.00.00.20.40.60.81.0AUC = 0.761false positive ratetrue positive rate0.0000.0750.1500.2250.3000.250UNC0.054RES0.006REL0.202BRIERcontribution
calibration curveROCUNC (irreducible)RES (skill, ↑)REL (miscalib, ↓)
Computed on a seeded synthetic forecast ledger. Reseed (⟳) to redraw.

§12 · Journal vitals (synthetic ledger)

Track record · win rate · PF · expectancy · CLV · equity curve
PROFITABLE · PF 1.07 · expectancy +0.035R180 trades · win 52.2% · Sharpe 0.033
Total P/Lnet
+$1,592
on $45,000 cycled
Win ratehit %
52.2%
94 W / 86 L
Profit factorPF
1.07
$ won / $ lost
Expectancyper trade
+$8.84
avg $ per position
R-expectancyper risk
+0.035R
in units of risk taken
Avg win / losspayoff
$245.66 / -$250.00
ratio 0.98 : 1
Sharpe / traderisk-adj
0.033
μR / σR
Closing line valueCLV
+2.79 pp
avg edge vs close
-$1,223$302$1,826$3,350$4,87503672108144180trade #cumulative P/L (USD)
cumulative P/Lprofitable zonered zonesynthetic · seeded from asset
The scorecard every trader checks. Synthetic ledger seeded from the asset slug — recomputes against your real fill history once wired.

▸ Advanced metrics · M2M bundle

kalshi · kxpgatour-rbbcan26-jsub · fresh · feed 1m old
24h sparkline · 60 pts -5.00%
realized vol (ann.)
597.76%
max drawdown
55.56%
sharpe
ulcer index
22.74%
RMS drawdown
pain index
22.20%
mean drawdown
mod. VaR 95%
1.53%
Cornish-Fisher
martin ratio
ret / ulcer
CDaR 95%
32.51%
cond. drawdown
gain/pain
0.99
Σgain / Σ|loss|
sterling
ret / CDaR
omega (θ=0)
0.99
upside/downside
roll spread
622.5 bps
implied (price-only)
bars used
764
store
spread
512.8 bps
24h Δ
-5.00%
flow lean
carry
flat
signalNEUTRALconfidence 25%
  • 24h change -5.00%
Same bundle via M2M API: /api/m2m/kalshi-kxpgatour-rbbcan26-jsub/bundle · venue execution: kalshi