🌍Geopolitics/POLYMARKET/May 14, 2026
polymarket market
Geopolitical event

Will there be between 0 and 10 average daily transits of the Strait of Hormuz on May 31?

PRISM
24.0%
MARKET (PUBLISH)
73.5%
MARKET (SETTLED)
100%
MOVE
+27pp

PRISM detected 5.0pp overconfidence — market held

PRISM estimated 24% against the market's 74%. This time, the market was right — a calibration data point.

PRISM MISSED-100% return
ISSUED FORECASTMay 14, 2026 at 8:09 AM
MODERATE · OVERPRICED+5.0ppPRISM 24% · Market 74%
PRISM
24.0%
VS
MARKET
73.5%
EDGE DETECTED5.0pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
YES
FORECAST
MODERATE
DIRECTION
OVERPRICED
CONFIDENCE
LOW
ACCURACY EDGE
-507
PUBLISHED
May 14, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market resolved YES on June 2, 2026. The market's pricing turned out to be more accurate than PRISM's assessment.

Forecast Tape

5 events
  1. May 9, 10:05 PMPUBLISHED

    Prism 37% vs market 35% — NONE FAIR

  2. May 11, 2:05 AMMARKET MOVED

    Market 35% → 64% (+29pp)

  3. May 14, 8:09 AMRE-ANALYZED

    Forecast NONE → MODERATE at Prism 24%

  4. May 14, 8:09 AMMARKET MOVED

    Market 64% → 74% (+10pp)

  5. Jun 2, 8:35 PMRESOLVED YES

    Resolved YES. Market was closer than Prism on this call.

2

What the market believed

MARKET PRICE · AT FORECAST TIME
73.5%

The market was pricing this event at 73.5% probability when PRISM generated its forecast. PRISM assessed this was too high — the market was overconfident.

3

What PRISM believed

PRISM PROBABILITY
24.0%
EDGE DETECTED
5.0pp
FORECAST
MODERATE OVERPRICED
Confidence
LOW
Kelly Reference
N/A
PRISM Sizing (¼ Kelly · cap 5%)
N/A
PRISM REASONING
  • Historical Strait of Hormuz traffic makes a 0–10 seven‑day average extremely unlikely by 2026
  • Only prolonged severe disruption into late May 2026 would produce such low readings
FACTORS FOR
  • +Requires sustained, extreme disruption through late May 2026
  • +Strait is geopolitically sensitive, so disruption risk is nontrivial
FACTORS AGAINST
  • Historical peacetime averages are far above 10 ships daily
  • Baseline shipping patterns usually normalize after shocks over multi‑month horizons
RESOLUTION PATHS MODELED
Near‑total closure persists into late May 202610%
Traffic resumes but remains severely depressed by late May 202610%
IMF Portwatch data outage or redefinition yields 0–10 average4%
Evidence 53%
SOURCES (6)
last day
  • Strait of Hormuz traffic returns to normal by July 31? - Polymarketpolymarket.com

    Strait of Hormuz traffic returns to normal by December 31?Will __ ships transit the Strait of Hormuz on any day by May 31?How many ships transit the Strait of ...

    May 14Open →
  • Iran asserts control over Strait of Hormuz, barring US weapons ...cryptobriefing.com

    Iran claims control over the Strait of Hormuz, impacting shipping. 20 ships transiting by May 31 at 44% YES.

    May 13Open →
  • Strait of Hormuz traffic returns to normal by December 31?polymarket.com

    The current probability for "Strait of Hormuz traffic returns to normal by December 31?" is 76% for "Yes." This means the Polymarket crowd currently believes ...

    May 14Open →
  • Iran halts crude exports as US sanctions impact Strait of Hormuz trafficcryptobriefing.com

    The probability of 20 ships transiting the Strait of Hormuz by May 31 is priced at 44% YES, a decrease from 45% over the last 24 hours and significantly down ...

    May 13Open →
  • Million-dollar Panama Canal slots expose new pressure on global ...cyprus-mail.com

    The authority said traffic had strengthened further in recent months, with daily averages rising from 34 vessels in January to 37 in March, while some peak days ...

    May 13Open →
  • IMF PortWatch resolution contextportwatch.imf.org

    Source: IMF PortWatch Resolution field: 7-day moving average of transit calls through Strait of Hormuz above 60, per IMF PortWatch Frequency: event-driven Contract terms: https://kalshi-public-docs.s3.amazonaws.com/contract_terms/POLITICALSTATTEMPORAL.pdf Known rule risks: Traders price this as geopolitical sentiment ("will Iran tensions ease?") but it's a DATA market with quantitative threshold; IMF PortWatch is publicly accessible — you can track the 7-day MA in real-time; "Transit calls" = ship passages, tracked by AIS (Automatic Identification System) data

    May 14Open →

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

4

Why the gap existed

Prism's 49.5% edge call was wrong — market was right

CALIBRATION SCORECARD
PRISM ACCURACY
0.578
MARKET ACCURACY
0.070
EDGE
-507.4
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 there be between 0 and 10 average daily transits of the Strait of Hormuz on May 31?, classifying it as overpriced at 73.5%.
2.Forecast classification: MODERATE OVERPRICED — PRISM estimate 24.0% vs market 73.5%.
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: v0.9.118-three-lane-forecast-policy·Forecasted: May 14, 2026·Resolved: June 2, 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.