Policy composite#262tier 3live in productionNew

corporate lobbying x polymarket

cadence: Weeklydata: highlong only
paper
2026
Source
Novel research — in-house discovery (alphactor 2026-05-20). Inherits Akey, P., Lewellen, S. (2017). "Policy uncertainty, political capital and firm risk-taking." *Journal of Finance*. Wolfers, J., Zitzewitz, E. (2004). "Prediction markets." *Journal of Economic Perspectives*.
Citation only — paper link pending.

What it checks

When a company is spending top-quartile money on lobbying AND a polymarket prediction market favours their preferred regulatory outcome, the stock tends to outperform for two to three months. We buy and hold.

Mechanism

A firm spending heavily on lobbying AND a polymarket regulatory market on the firm's outcome trading favorably (YES probability >= 0.6) is a joint signal of policy-edge thesis. Either leg alone is noisy (Hill-Kelly-Lockhart 2014); the interaction sharpens both directionally.

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag, or once a multi-family blend that includes it earns a champion slot.

Signal rule

Per ticker, leg_A = (trailing-4Q lobbying spend >= top-quartile of trailing-5y own history) shifted 45 calendar days (LDA filing lag). leg_B = at least one ticker-linked polymarket trades YES >= 0.6 in trailing 30 days. Fire LONG when both legs hold; hold 60/90 trading days.

Data dependencies

  • daily_prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • lobbying_disclosures

    OpenSecrets Senate LDA quarterly lobbying-spend filings.

  • polymarket_markets

    Worker data table — see services/worker schema.

  • polymarket_prices_daily

    Worker data table — see services/worker schema.

Expected edge

Paper alpha
untested — internal
Paper window
T+0 to T+90d

Untested — internal composite of two weak-alone signals; targets +1-3% over 60-90d horizon on policy-edge firms.

Example tickers where this is likely to fire

Illustrative only — the signal fires based on the live data, not a fixed list.

Related families

Explore corporate lobbying x polymarket on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more