VARY

PETE HEGSETH OUT AS SECRETARY OF DEFENSE BY DECEMBER 31?

Pete Hegseth out as Secretary of Defense by December 31?

LIVE71D REMAININGVOL $612K · LIQ $141K · SPREAD 2.0%

VARY CALL

NO
76%
MARKET
76%
DIFFERENCE
AGREEMENT
CONFIDENCE
LOWLOW confidence

MARKET VS VARY

NOYES
Market 24 percentVARY 24 percent
MARKET 24%VARY 24%
24H VOLUME
$15K
LIQUIDITY
$141K
CLOSES
71D REMAINING
CATEGORY
GEOPOLITICS

OUR TAKE

We read this 0.1 points lower than the market, based on market structure.

WHY NO?

  • MARKET MOMENTUM (24H)NEGATIVE
  • MARKET MOMENTUM (7D)POSITIVE
  • VOLUME CONCENTRATIONNEGATIVE

SIGNAL LEDGER · EXPERIMENTAL MODEL

  • Market Momentum (24h)
    NEGATIVE
    -0.5
  • Market Momentum (7d)
    POSITIVE
    +3
  • Volume Concentration
    NEGATIVE
    -2.7

Polymarket currently prices YES at 24% with $141K of live liquidity and $15K traded in the last 24 hours.

The market has moved down 0 points over the last 24 hours, so pricing is still adjusting rather than settled.

Our signals shift the estimate down 0.1 points from the market price. Adjustments are capped, experimental and not calibrated.

We start from the market price, then apply a bounded adjustment from our own signals — market structure, momentum and, for crypto markets, live spot data. The adjustment can never exceed 15 percentage points. The model is experimental and not yet calibrated.

EXPERIMENTAL MODEL

  • Price Momentum25%
  • Prediction Market Momentum20%
  • Volume15%
  • Volatility15%
  • Order Book Imbalance15%
  • News Sentiment10%

WEIGHTS ARE ILLUSTRATIVE AND NOT VALIDATED

OUR ESTIMATE vs MARKET

OUR MODEL MARKET

MARKET PATH FROM POLYMARKET · OUR PATH APPLIES THE CURRENT BOUNDED ADJUSTMENT

WHAT CHANGED?

  1. LAST 24HMARKET 25% → 24%

    Polymarket mid-price movement over the last day.

  2. LAST 7DMARKET 19% → 24%
  3. NOWMARKET MOMENTUM (7D) POSITIVE (+3)
  4. NOWOUR ESTIMATE 24%

    Market 24% · bounded adjustment 0 pts.

VIEW ON THE MARKET

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EXPERIMENTAL PROBABILITY ESTIMATES · VARY IS READ-ONLY · NOT FINANCIAL ADVICE