Discovery/politicsopenneg-riskNext French Presidential Election

Will Édouard Philippe win the 2027 French presidential election?

stale dataas of 21m agoensemble-v1.2.0late: clob_book, gamma_events
Market prob.
28.5%
MARKET FACT
Fair est.
28.6%
MODEL ESTIMATE
Edge est.
+0.15pp
MODEL ESTIMATE
Confidence
0.13low
Liquidity
$165.4k
MARKET FACT
24h volume
$17.9k
MARKET FACT
Resolves
7.7mo
Apr 30, 27

Price history

Solid line: market price (fact). Dashed amber: our fair-value estimate.

3 points
29%Sep 7Sep 8

Thesis

Why the estimate deviates from the market

  1. 1.Order book shows bid-side pressure (+12.7% imbalance within 5% of mid) on $5,545 of depth. [book_imbalance v1.0.0, weight 0.32]

Counter-thesis

Why this may be wrong

  1. 1.Model confidence is 0.13; the estimate is shrunk heavily toward the market price and should be treated as weak.
  2. 2.Only $2,421 of depth within 5% of mid; size is limited and slippage will reduce realised edge.

Key catalysts

  1. 1.Resolution in 234.0 days; price convergence typically accelerates near expiry.

What would invalidate this

  1. 1.Market price moving to 29% would close the gap.
  2. 2.A reversal in the order-book imbalance or trade-flow direction that drove this estimate.
  3. 3.Liquidity falling materially below $5,545 would make the edge uncapturable regardless of accuracy.

Signal breakdown

Each signal is an independent estimate. Contribution is weight × logit distance from the market price.

SignalEstimateStrengthConf.WeightContributionExplanation
Book imbalancev1.0.0MODEL29.7%0.130.530.32+0.0183Order book shows bid-side pressure (+12.7% imbalance within 5% of mid) on $5,545 of depth.
Market impliedv1.0.0MARKET28.5%1.000.742.21+0.0000Market-implied probability 28.5% (source: book_mid).

Order book

captured 6h ago

PriceSizeTotal
36.00%2,677$964
35.00%200$70
34.00%275$94
33.00%23,995$7.9k
32.00%14,118$4.5k
31.00%2,622$813
30.00%8,693$2.6k
29.00%7,916$2.3k
28.50%spread +1.00ppimb +0.142
28.00%10,911$3.1k
27.00%3,252$878
26.00%11,103$2.9k
25.00%16,598$4.1k
24.00%3,724$894
23.00%335$77
22.00%250$55
21.00%4,686$984
Bid depth ±5%
$3.1k
Ask depth ±5%
$2.3k

Tradeability

Whether the edge is actually capturable

Executable price
29.00%
Expected value / $1(net of executable price + assumed 10bps taker fee)
-0.0131
Spread
+1.00pp
Depth within 5%
$2,421
Signal score
0.73

Related markets

Verified deterministic relationships only

Resolution criteria

The next French presidential election is currently expected to be held around April 2027. This market pertains to the outcome of the next French presidential election, regardless of whether it follows the scheduled end of the current term or is held earlier. The President of France is elected via a two-round system; a candidate must secure over 50% of the vote to win outright in the first round. If no candidate achieves this, the top two contenders advance to a runoff. This market will resolve according to the candidate who wins this election. This market includes any potential second round. If, for any reason, the results of the election are not known by December 31, 2027, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the French Government, specifically the Ministry of the Interior (https://www.interieur.gouv.fr/).

Edgecast provides information and analytics, not financial advice and not a guarantee of outcomes. Figures labelled MODEL are estimates produced by our models and are not objective truth. Prediction markets carry risk of loss.