⚠ INTERNAL — Operator UX mock · Design preview of V2 development path · demo-wired ≠ production-live · back to dev guide
Signals/Fair Value
Polygon · pUSD 10
📓 Developer Guide 📋 Reason Codes 📈 Shadow Mode
JD John Doe · Admin
OperatorWhat each bot thinks the real odds are, and how often it turns out to be right. Compare its guess against the market price to see where it thinks there's an edge.When: When edge_bps looks off, when a suppression chip lights up on the blotter, or when a probabilistic model is rolling forward.
Details
What this page is forInspect the strategy_score stream for strategies that declare score_type=fair_value — 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 probabilistic 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 · how this works · words we use · the plan · reason codes · shadow-mode pipeline
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