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Will the October 2026 unemployment rate be 4.1%?

3 of 5 top Polymarket traders hold No (60%) · No at 74¢ · $714 held · ends Nov 6

Yes27¢No73¢Ends Fri, Nov 6, 2026View on Polymarket
SIGNAL

⚖️

Neutral

No

Consensus Traders

5

No 60%

Total Value

$714.31

Combined PnL

$35.93

Smart Money Entry

67.9¢ → 73.5¢

+8% since entry · 3 traders

Research grade

NeutralNo at 74%

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%2 small positions dimmed (<$100 invested)

Market Activity

Outcome Probabilities

Yes27%
No74%

Smart Money Breakdown by Outcome

No3 traders
Total Value$519.78
Total Shares722
Combined PnL+$27.46
Yes2 traders
Total Value$194.53
Total Shares707
Combined PnL+$8.47
No — 60%Yes — 40%

Signal Intelligence

Momentum

Flat

+0 pts consensus

Breadth

3 traders

Top 2 hold 96%

Freshness

Late

527h old

Flip Quality

Clean

0 consensus flips

Breadth vs concentrationCrowded

60% of non-arb traders are on No. Concentration is driven by the top two positions owning 96% of that side's value.

Cohort consensusHand-picked vs top 1000 · whales, sharps, snipers, contrarians
The hand-picked list (1 on Yes) and the top 1000 (4 on No) disagree here.
whaleNo 100% · 1
Aligned
ctrNo 100% · 2
Aligned
Hand-pickedYes 100% · 1
Diverging
Top 1000No 75% · 4
Aligned

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EV Calculator

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

Break-even chance75.4%

73.5¢ price + 1.0¢ spread + 0.9¢ fee (Economics 5%). Win more often than this and the bet pays.

Expected Value—
Expected ROIenter your estimate
Max Profit
+$32.54
Max Loss
-$100.00
Shares
132.5

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
0x38d97ef7...f9d9af
Slug
will-the-october-2026-unemployment-rate-be-4pt1
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