Implied / market-implied YES
The probability of YES implied by current traded prices (mid or last). It is what participants are paying for, not a claim about real-world odds.
Estimated fair value (EFV)
A rule-based heuristic from the signal engine when a rule sets one, not a black-box forecast. Some signals only describe liquidity or spreads and may show no EFV.
Edge / gap
The difference between EFV and market-implied, in percentage points (EFV minus market for YES). Filters may use “largest gap.” This is informational only—not trading advice or guaranteed advantage.
Stance (above / below / near estimate)
Compares market-implied to EFV when both exist. Labels are not buy or sell recommendations.
Severity
How strong the rule hit is on a 1–5 scale. It reflects rule strength, not statistical confidence that the outcome will occur.
Volume
Reported trading activity for the market, for context on size and liquidity.
Change & sparklines
Movement in market-implied YES over the window labeled on the card—often 24h where data allows.
Signals
Rule-based flags from ingested public data. They are not trade recommendations.