VARY

IOWA SENATE ELECTION WINNER

Will the Republicans win the Iowa Senate race in 2026?

CLOSING SOON3H 5M REMAININGVOL $1.4M · LIQ $47K · SPREAD 1.0%

VARY CALL

NO
97%
MARKET
88%
DIFFERENCE
+9pts
CONFIDENCE
MEDIUMMEDIUM confidence

MARKET VS VARY

NOYES
Market 12 percentVARY 3 percent
MARKET 12%VARY 3%
24H VOLUME
$233K
LIQUIDITY
$47K
CLOSES
3H 5M REMAINING
CATEGORY
ELECTIONS

OUR TAKE

We read this 9.3 points lower than the market, based on market structure.

WHY NO?

  • MARKET MOMENTUM (1H)NEGATIVE
  • MARKET MOMENTUM (24H)NEGATIVE
  • MARKET MOMENTUM (7D)NEGATIVE
  • VOLUME CONCENTRATIONNEGATIVE

SIGNAL LEDGER · EXPERIMENTAL MODEL

  • Market Momentum (1h)
    NEGATIVE
    -10
  • Market Momentum (24h)
    NEGATIVE
    -10
  • Market Momentum (7d)
    NEGATIVE
    -10
  • Volume Concentration
    NEGATIVE
    -0.9

Polymarket currently prices YES at 12% with $47K of live liquidity and $233K traded in the last 24 hours.

The market has moved down 37 points over the last 24 hours, so pricing is still adjusting rather than settled.

Our signals shift the estimate down 9.3 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 49% → 12%

    Polymarket mid-price movement over the last day.

  2. LAST 7DMARKET 57% → 12%
  3. NOWMARKET MOMENTUM (1H) NEGATIVE (-10)
  4. NOWOUR ESTIMATE 3%

    Market 12% · bounded adjustment -9 pts.

VIEW ON THE MARKET

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