VARY

CALIFORNIA GOVERNOR ELECTION WINNER

Will Steve Hilton win the California Governor Election in 2026?

LIVE13D REMAININGVOL $3.5M · LIQ $198K · SPREAD 0.3%

VARY CALL

NO
97%
MARKET
97%
DIFFERENCE
AGREEMENT
CONFIDENCE
MEDIUMMEDIUM confidence

MARKET VS VARY

NOYES
Market 3 percentVARY 3 percent
MARKET 3%VARY 3%
24H VOLUME
$14K
LIQUIDITY
$198K
CLOSES
13D REMAINING
CATEGORY
ELECTIONS

OUR TAKE

We read this 1 points lower than the market, based on market structure.

WHY NO?

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

SIGNAL LEDGER · EXPERIMENTAL MODEL

  • Market Momentum (24h)
    NEGATIVE
    -0.1
  • Market Momentum (7d)
    NEGATIVE
    -0.4
  • Volume Concentration
    NEGATIVE
    -3

Polymarket currently prices YES at 3% with $198K of live liquidity and $14K 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 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 7DMARKET 4% → 3%
  2. NOWVOLUME CONCENTRATION NEGATIVE (-3)
  3. NOWOUR ESTIMATE 3%

    Market 3% · bounded adjustment 0 pts.

VIEW ON THE MARKET

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