⚠ INTERNAL — Operator UX mock · Design preview of V2 development path · demo-wired ≠ production-live · back to dev guide
Signals/Fair Value
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OperatorInspect the p̂ fair-value engine — which signals fed each market, calibration error, suppression status.When: When edge_bps looks off, when a suppression chip lights up on the blotter, or when a model is rolling forward.
Details
What this page is forInspect the p̂ fair-value engine — which signals fed each market, calibration error, suppression status.
When to use itWhen edge_bps looks off, when a suppression chip lights up on the blotter, or when a model is rolling forward.

Fair Value — p̂, bounds, and the suppression rule

Per-market fair-value snapshots from the signal engine. p̂ is the model’s point estimate; LB/UB are the uncertainty bounds; suppression_reason explains why an estimate isn’t tradeable.

fair_value  =   ±  uncertainty_buffer  ·  bounded by [LB, UB] · suppressed when LB < 0 OR book_hash mismatch OR news_window=open model_version · calibration_version on every row
Market Mid LB UB Buffer Model Calibration Suppression
2026 US Senate control0.4910.5120.4980.5260.014fv-v1.4.2calib-2026-05-09
Fed funds rate · Q2 20260.6180.6380.6240.6520.014fv-v1.4.2calib-2026-05-09
Fed funds rate · Q3 20260.5890.6120.5940.6300.018fv-v1.4.2calib-2026-05-09
NBA Finals 2026 winner0.2220.2410.2280.2540.013fv-v1.4.2calib-2026-05-09
BTC > $150k by EOY 20260.4180.4340.4080.4600.026fv-v1.4.2calib-2026-05-09SPREAD_WIDE
Next frontier model released0.5310.5540.5120.5960.042fv-v1.4.2calib-2026-05-09BOOK_STALE
UEFA Champions League 20260.2910.2750.2620.2880.013fv-v1.4.2calib-2026-05-09
Trade war escalation · Q20.3510.3740.3420.4060.032fv-v1.4.2calib-2026-05-09NEWS_WINDOW_OPEN

What this page is for

Every signal-driven order starts here. is the fair-value point estimate from the signal engine (PDF pg 8). LB/UB are the 90% credible bounds. uncertainty_buffer shrinks the tradeable region around . model_version and calibration_version are pinned per row so backtests are reproducible. When the suppression rule fires, no envelope is sent. All numbers synthetic — not a forecast.
Polytraders Operator UX Mock · INTERNAL · demo-wired ≠ production-live · the plan · reason codes · shadow-mode pipeline
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