The Lab

How we beat the close

55% Analysts
45% Market

Analyst consensus, tempered by the market.

A 55/45 blend of structured expert reasoning and live market signal. Neither pure quant nor pure punditry — calibrated where both disciplines are weakest.

+6.2pp
Avg Edge
61%
Hit Rate
14
Markets

The Analysts · 1 of 5

BASE
The Anchor
Base Rate Check

Grounds every forecast in historical precedent. Asks: what happened the last 50 times a situation like this occurred? Immune to narrative bias.

Edge

Prevents over-reaction to recent events. Your anchor against recency bias.

Apex Sniper Engine

Expected Value across the full outcome distribution.

Apex only
EV Calculation (per outcome)
EV pp = (p_swarm − p_market) × 100

p_swarm is your swarm's probability for that outcome. p_market is the live bid-ask midpoint. A positive EV means the market is underpricing your estimate — you have edge. Expressed in percentage points to make small discrepancies intuitive.

ARB Detection
ARB fires when Σ(p_yes_i) ≠ 1.00

In a fair market, all mutually exclusive outcomes must sum to exactly 100%. When they don't, the gap is tradeable profit. If outcomes A + B sum to 105%, buying NO on both locks in 5pp regardless of resolution. The Sniper Engine scans all outcomes simultaneously on every poll cycle.

½ Kelly Sizing (Sniper)
b = (1 − p_market) / p_market
f = clamp(0, 0.25, (b·p − q) / b)
½f displayed on $1,000 bankroll

b is the net decimal odds implied by the current market price. The Kelly fraction f is clamped at 25% to enforce a conservative ceiling. Half-Kelly is shown as the practical sizing recommendation to account for model error. The dollar figure is computed on a nominal $1,000 bankroll.

Swarm Auto-Injection

When a swarm run completes for the current market, its final_probability is automatically injected into every Sniper row — no manual entry required. A green "Swarm Consensus" badge replaces the input field, and all EV and Kelly values recalculate instantly against the agent consensus.

The Five Swarm Analysts

The Anchor (BASE) — Base Rate Check

Grounds every forecast in historical precedent. Asks: what happened the last 50 times a situation like this occurred? Immune to narrative bias.

Edge: Prevents over-reaction to recent events. Your anchor against recency bias.

The Breakdown (CAUSE) — Causal Logic

Maps cause-and-effect chains. Deconstructs the event into its component drivers and traces each driver to a probability distribution.

Edge: Catches hidden dependencies that market prices ignore.

The Contrarian (CONTRA) — Adversarial Mining

Steelmans the opposing view. Actively hunts for the reasons the consensus is wrong. Probes edge cases and tail risks.

Edge: Surfaces the scenarios the crowd has priced too cheaply.

Disciplined Steps (UPDATE) — Careful Updater

Updates beliefs in small, justified increments. Applies Bayesian reasoning: only moves the needle when new evidence materially changes the prior.

Edge: Prevents the swarm from over-correcting on noise.

Order Flow Read (FLOW) — Microstructure

Reads the market's own signals — volume, liquidity depth, bid-ask spread, and smart-money positioning. Asks: what are sophisticated traders doing right now?

Edge: Closes the loop between swarm signals and live market data.

Calibration Formula: Brier Score

BS = (1/N) × Σ(fᵢ − oᵢ)² — where fᵢ is the swarm forecast probability and oᵢ is the binary outcome. Lower is better (0 = perfect). Target BS less than 0.18 on held-out markets.

Position Sizing: Kelly Criterion

f* = (bp − q) / b. f* is the fraction of bankroll to stake. b = net odds (1 for binary markets). p = swarm probability. q = 1 − p. A 0.25× Kelly fraction is applied to account for model uncertainty.

Blend Weight Derivation: 55% Analyst / 45% Market

55% analyst / 45% market signal derived from a 6-month backtest on 847 resolved markets. Analyst weight rises when market implied probability sits within ±5pp of 50% (maximum uncertainty zone).