🌍Geopolitics/POLYMARKET/May 21, 2026
polymarket market
Diplomatic event

Will the Iran ceasefire continue through June 7?

PRISM
71.0%
MARKET (PUBLISH)
61.5%
MARKET (SETTLED)
0%
MOVE
-62pp

PRISM detected 9.5pp mispricing — market held

PRISM estimated 71% against the market's 62%. This time, the market was right — a calibration data point.

PRISM MISSED0% return
ISSUED FORECASTMay 21, 2026 at 6:06 AM
MODERATE · UNDERPRICED+9.5ppPRISM 71% · Market 62%
Live view diverged · PRISM reclassified to NONE with edge now +0.3pp. The issued forecast above is the historical commitment scored on the public ledger.
PRISM
71.0%
VS
MARKET
61.5%
EDGE DETECTED9.5pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
NO
FORECAST
MODERATE
DIRECTION
UNDERPRICED
CONFIDENCE
MEDIUM
ACCURACY EDGE
-39
PUBLISHED
May 21, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved NO on May 26, 2026. The market's pricing turned out to be more accurate than PRISM's assessment.

Forecast Tape

3 events
  1. May 21, 6:06 AMPUBLISHED

    Prism 71% vs market 62% — MODERATE UNDERPRICED

  2. May 21, 4:07 PMRE-ANALYZED

    Forecast MODERATE → NONE at Prism 61%

  3. May 26, 1:30 AMRESOLVED NO

    Resolved NO. Market was closer than Prism on this call.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
61.5%

The market was pricing this event at 61.5% probability when PRISM generated its forecast. PRISM assessed this was too low — the market was underpricing the probability.

3

What PRISM believed

PRISM PROBABILITY
71.0%
EDGE DETECTED
9.5pp
FORECAST
MODERATE UNDERPRICED
Confidence
MEDIUM
Kelly Reference
N/A
PRISM Sizing (¼ Kelly · cap 5%)
N/A
PRISM REASONING
  • Probability estimate: 60%
  • Market may underweight that only explicitly confirmed US aerial strikes on Iranian soil break the ceasefire by these rules
FACTORS FOR
  • +Verified trackers show ceasefire still holding as of May 20
  • +Definition excludes proxy, maritime, and non-aerial confrontations
FACTORS AGAINST
  • Ceasefire assessed as fragile with risk of renewed conflict
  • US–Iran tensions and negotiations could sour quickly
RESOLUTION PATHS MODELED
No qualifying US aerial strike on Iranian soil before deadline55%
Borderline incident occurs but lacks confirmation to trigger NO5%
Evidence 58%Cluster: us-iran
SOURCES (2)
last day
  • Irangiwps.georgetown.edu

    Authorities have sustained Iran's longest recorded internet blackout into May 2026 ... Ongoing ceasefire negotiations between Iran and the US have helped ...

    May 21Open →
  • Iran Update Special Report, May 20, 2026understandingwar.org

    Iran is likely using the ceasefire period to normalize Iranian control over the Strait of Hormuz by compelling oil-importing countries to establish a bilateral ...

    May 20Open →

PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES

4

Why the gap existed

Prism's 9.5% edge call was wrong — market was right

CALIBRATION SCORECARD
PRISM ACCURACY
0.370
MARKET ACCURACY
0.331
EDGE
-38.9
Brier edge
The market's probability estimate was more accurate than PRISM's on this call.
5

How this forecast played out

1.PRISM analyzed Will the Iran ceasefire continue through June 7?, classifying it as underpriced at 61.5%.
2.Forecast classification: MODERATE UNDERPRICED — PRISM estimate 71.0% vs market 61.5%.
3.Kelly reference at forecast time: —% (¼ Kelly, capped at 5%; mathematical reference only — not a position recommendation).
4.Outcome: resolved NO.

Get live PRISM forecasts for Kalshi + Polymarket.

Edge scores, Kelly references, confidence levels, and resolution paths — updated every 2 hours, before the market corrects.

VIEW LIVE FORECASTS
PRISM: v0.9.141-kalshi-attention-backstop·Forecasted: May 21, 2026·Resolved: May 26, 2026·polymarket
For informational purposes only. Not financial advice. EdgeCal provides PRISM-generated market analysis and does not execute trades, manage funds, or guarantee returns. Past performance does not indicate future results.