NIL Narrative Intelligence Lab, a research lab of ADVIAO LLC

See the narrative behind the probability.

Prediction-market prices tell you what the crowd expects, but not why. NIL shows how the story around a market is changing, right next to its price, across politics, business, and geopolitics.

Illustration of a narrative line shifting before a market price line Story and price part ways Narrative Market price

Illustration only, not real market data.

Three market areas, each backed by research

Politics and elections

2,434 statements coded from 32 years of U.S. presidential debates, with near-perfect agreement between independent coders (κ = 0.93). Peer-reviewed in 2025, this dataset is NIL's accuracy benchmark.

Business and corporate

Doctoral research found that specific narrative types in executive communication were statistically significant predictors of changes in company profit and revenue.

Geopolitics

In live forecasting through the RAND Forecasting Initiative, model-based assessments sometimes differed from the crowd forecast. NIL tests whether those differences carry information.

How NIL works

1

Gather

Collects dated news, speeches, transcripts, and social media around each market.

2

Read

A proprietary, research-validated framework reads how the story is told, not just how often a topic comes up.

3

Compare

Plots a time-stamped narrative signal beside the price and sends an alert when the two diverge.

4

Record

Keeps a history of how earlier narrative shifts related to later prices and final outcomes.

Built on years of research

  1. 2020

    Research presented at RAND on whether search behavior, social signals, and other human-generated information could spot emerging events earlier than conventional analysis.

  2. 2024

    Doctoral research developed the narrative framework at the core of NIL.

  3. 2025

    A peer-reviewed study in the Journal of Leadership Studies applied the framework to presidential debates.

Where NIL stands

The core method works: AI now does narrative coding that once took months by hand, in minutes. An early prototype runs on Polymarket's public market data, and a builder team is in place.

Next comes a public beta, starting with U.S. political markets and expanding to business and geopolitical markets, with backtest results published openly. NIL offers evidence, not trading advice, and won't claim accuracy until testing shows it.

Get in touch

We welcome conversations with prediction-market platforms, research partners, and organizations interested in narrative intelligence. Email us at info@adviao.com.