DUGOUTXLive markets / Fair-value research
Live markets / Fair-value research

Modeling markets in motion.

This conceptual view follows a fair-value reference and a market path through scoring changes. Their separation is visible; liquidity and execution conditions are not represented.

Fair value and market response Conceptual view
MODEL FAIR VALUE MARKET-IMPLIED PROBABILITY MODEL ABOVE MARKET MARKET ABOVE MODEL
Illustrative fair-value and market paths, with their relative gap below Two qualitative paths separate around scoring changes and later meet in this drawn example. A lower panel shows whether the fair-value reference is above or below the market path. No historical quotes or model output are displayed.
Model reference
Repricing
Illustrative path
Market path
Responding
Illustrative path
Relationship
Model above
Relative separation
Sequence state
Opening
Conceptual sequence
Opening

OpeningScore shiftGap flipsLater
Drag or click the chart to scrub. Space plays and pauses. Arrow keys step.

Conceptual illustration. The curves show a possible separation and convergence pattern; they are not historical quotes, live prices, or model output. A visible gap alone is not an executable edge: fees, liquidity, and risk checks sit outside this view.