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Will ISM Services PMI be below 51.0 in October?

3 of 5 top Polymarket traders hold No (60%) · No at 89¢ · $79 held · ends Nov 4

Yes11¢No89¢Ends Wed, Nov 4, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

5

No 60%

Total Value

$79.23

Combined PnL

$3.75

Research grade

NeutralNo at 89%

No measured edge, which here means a loss: the plain consensus (5+ holders, 60 %+, held to resolution) lost −3.0 % a trade after costs out of sample in the full-year test (n 86,296, 95 % CI −3.6 to −2.4 %).

  • Favourite (60–95¢)Full year, out of sample: 0.70–0.90 lost −0.9 % a trade (n 26,050, 95 % CI −1.5 to −0.3): the least bad band, still a loss. The Oct 22 backtest's +0.4 % (n 4,327) was not confirmed.

The rules come from our Oct 22 2026 backtest (one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees). Our full-year test without hindsight (Oct 26 2026) found none of them profitable out of sample, and the plain consensus lost −3.0 % a trade. The grade describes the market; it is not a forecast, not an edge and not advice.

Smart Money Signal

No

3 of 5 top traders (60%)2 hold an outcome priced under 50%5 small positions dimmed (<$100 invested)

Market Activity
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Outcome Probabilities

Yes11%
No89%

Smart Money Breakdown by Outcome

Yes2 traders
Total Value$23.93
Total Shares357
Combined PnL+$3.52
No3 traders
Total Value$55.3
Total Shares58
Combined PnL+$0.23
Yes — 40%No — 60%

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EV Calculator

Consensus % is how many tracked traders hold a side, not a win probability.

Break-even chance90.3%

88.8¢ price + 1.0¢ spread + 0.5¢ fee (Other / General 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$10.79
Max Loss
-$100.00
Shares
110.8

A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.

Market Info

Condition ID
0x8977248d...b727c9
Slug
will-ism-services-pmi-be-below-51pt0-in-october
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