All
Outcomes
Market
Price
AI Fair
Value
Value
Edge
15°C
YesNo
16°C
YesNo
17°C
YesNo
18°C or higher
YesNo
11°C
YesNo
12°C
YesNo
8°C or below
YesNo
9°C
YesNo
14°C
YesNo
13°C
YesNo
10°C
YesNo
AI Insights:
11 hours ago UpdatedFair Value Reasoning:
While Milan experienced a warm spell around March 19th (highs of 16-18°C), latest forecasts from Wunderground (the resolution source) and others indicate a cooling trend with rain for Sunday, March 22nd. Specific forecasts predict highs between 11°C and 14°C (e.g., Google/Weather.com predicts 13°C, Weather25 predicts 11°C) with 'cloudy' or 'cold damp' conditions. Therefore, fair value is heavily concentrated in the 11-14°C range. The market's current premium on '18°C or higher' appears to be a significant mispricing based on the outdated or incorrect assumption of continued warmth.
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Divergence
There is a massive divergence. The market pricing implies a flat, confused distribution (~17-22% for every option), likely assuming the warm spell from March 19th continues. Conversely, mainstream meteorological sources (Wunderground, Weather.com) consistently forecast a drop in temperature to around 13°C on March 22nd. The market has completely failed to price in the 'cooling + rain' signal.