🌍Geopolitics/POLYMARKET/May 23, 2026
polymarket market
Diplomatic event

Will the Iran ceasefire continue through May 23?

PRISM
90.0%
MARKET (PUBLISH)
84.5%
MARKET (SETTLED)
100%
MOVE
+16pp

PRISM detected 5.5pp mispricing — and was right

Market priced this at 85%. PRISM saw 90% — a 5.5pp gap. The outcome confirmed the underpricing.

PRISM WAS RIGHT+18% return
ISSUED FORECASTMay 23, 2026 at 2:07 AM
MODERATE · UNDERPRICED+5.5ppPRISM 90% · Market 85%
PRISM
90.0%
VS
MARKET
84.5%
EDGE DETECTED5.5pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
YES
FORECAST
MODERATE
DIRECTION
UNDERPRICED
CONFIDENCE
MEDIUM
ACCURACY EDGE
+14
PUBLISHED
May 23, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved YES on May 25, 2026. PRISM's forecast aligned with the resolved outcome.

Forecast Tape

2 events
  1. May 23, 2:07 AMPUBLISHED

    Prism 90% vs market 85% — MODERATE UNDERPRICED

  2. May 25, 6:09 AMRESOLVED YES

    Resolved YES. Prism was right. +18% return.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
84.5%

The market was pricing this event at 84.5% probability when PRISM generated its forecast. PRISM assessed this was too low — the market was underpricing the probability.

3

What PRISM believed

PRISM PROBABILITY
90.0%
EDGE DETECTED
5.5pp
FORECAST
MODERATE UNDERPRICED
Confidence
MEDIUM
Kelly Reference
N/A
PRISM Sizing (¼ Kelly · cap 5%)
N/A
PRISM REASONING
  • Fundamental analysis indicates a high likelihood the ceasefire persists through the short remaining window
  • Strict criteria for qualifying kinetic action further reduce the probability of a disqualifying event
FACTORS FOR
  • +Recent statements from both sides affirm ceasefire remains intact
  • +Very short remaining time window to trigger and confirm violation
FACTORS AGAINST
  • Regional tensions create non-trivial risk of sudden escalation
  • Ambiguity around covert or deniable actions near Iranian territory
RESOLUTION PATHS MODELED
No US aerial bombs, drones, or missiles hit Iranian territory82%
Any action either not on Iranian soil or not confirmed in time8%
Evidence 55%Cluster: us-iran
SOURCES (3)
last day
  • United Arab Emirates in the 2026 Iran war - Wikipediaen.wikipedia.org

    28 February 2026 – present (2 months, 3 weeks and 1 day) · United Arab Emirates, Iran · Ongoing. Ceasefire since 8 April 2026 ...

    May 22Open →
  • Iran Update Special Report, May 22, 2026understandingwar.org

    The US-Iran negotiations reportedly made “slight progress,” but Iran's enriched uranium and the Strait of Hormuz remain the sticking points.

    May 22Open →
  • Iran-US war latest: US Secretary of State Marco Rubio hails 'good ...independent.co.uk

    Iran has been rebuilding its military capacity much faster than expected during a six-week ceasefire with the US and Israel, according to new US intelligence ...

    May 22Open →

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

4

Why the gap existed

Prism correctly identified 5.5% mispricing

CALIBRATION SCORECARD
PRISM ACCURACY
0.010
MARKET ACCURACY
0.024
EDGE
+14.0
Brier edge
PRISM's probability estimate was more accurate than the market price.
5

How this forecast played out

1.PRISM analyzed Will the Iran ceasefire continue through May 23?, classifying it as underpriced at 84.5%.
2.Forecast classification: MODERATE UNDERPRICED — PRISM estimate 90.0% vs market 84.5%.
3.Kelly reference at forecast time: —% (¼ Kelly, capped at 5%; mathematical reference only — not a position recommendation).
4.Outcome: resolved YES.

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: v0.9.152-kalshi-nearterm-recall·Forecasted: May 23, 2026·Resolved: May 25, 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.