VARY

MICHIGAN SENATE ELECTION WINNER

Will the Republicans win the Michigan Senate race in 2026?

LIVE13D REMAININGVOL $907K · LIQ $242K · SPREAD 1.0%

VARY CALL

NO
70%
MARKET
69%
DIFFERENCE
AGREEMENT
CONFIDENCE
MEDIUMMEDIUM confidence

MARKET VS VARY

NOYES
Market 31 percentVARY 30 percent
MARKET 31%VARY 30%
24H VOLUME
$41K
LIQUIDITY
$242K
CLOSES
13D REMAINING
CATEGORY
ELECTIONS

OUR TAKE

We read this 0.7 points lower than the market, based on market structure.

WHY NO?

  • VOLUME CONCENTRATIONNEGATIVE

SIGNAL LEDGER · EXPERIMENTAL MODEL

  • Volume Concentration
    NEGATIVE
    -2.5

Polymarket currently prices YES at 31% with $242K of live liquidity and $41K traded in the last 24 hours.

Market pricing has been essentially flat over the last 24 hours, so there is no fresh directional information in the order book.

Our signals shift the estimate down 0.7 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. NOWVOLUME CONCENTRATION NEGATIVE (-2.5)
  2. NOWOUR ESTIMATE 30%

    Market 31% · bounded adjustment -1 pts.

VIEW ON THE MARKET

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