Hurricane Norbert category?
Short Answer
1. Market Behavior & Drivers
- Norbert is not expected to reach hurricane intensity, forecast to dissipate by September 16, 2026.
- National Hurricane Center forecasts degeneration into a remnant low by September 15, 2026.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Category 1 or above | 7.0% | 2.4% | The National Hurricane Center forecasts Tropical Storm Norbert to dissipate before reaching hurricane intensity. |
| Category 2 or above | 5.0% | 1.7% | The National Hurricane Center forecasts Tropical Storm Norbert to dissipate before reaching hurricane intensity. |
| Category 3 or above | 0.0% | 0.0% | The National Hurricane Center forecasts Tropical Storm Norbert to dissipate before reaching hurricane intensity. |
| Category 4 or above | 0.0% | 0.0% | The National Hurricane Center forecasts Tropical Storm Norbert to dissipate before reaching hurricane intensity. |
| Category 5 or above | 0.0% | 0.0% | The National Hurricane Center forecasts Tropical Storm Norbert to dissipate before reaching hurricane intensity. |
Current Context
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📉 September 12, 2026: 77.0pp drop
Price decreased from 85.0% to 8.0%
Outcome: Category 1 or above
📈 September 11, 2026: 17.0pp spike
Price increased from 69.0% to 86.0%
Outcome: Category 1 or above
📈 September 10, 2026: 52.0pp spike
Price increased from 17.0% to 69.0%
Outcome: Category 1 or above
📈 September 09, 2026: 10.0pp spike
Price increased from 2.0% to 12.0%
Outcome: Category 1 or above
4. Market Data
Contract Snapshot
This market resolves YES if Hurricane Norbert reaches Category 3 or above, and NO if it does not. The maximum payout date for this market is December 1, 2026.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Category 1 or above | $0.08 | $0.98 | 7% |
| Category 2 or above | $0.04 | $0.98 | 5% |
| Category 3 or above | $0.10 | $0.99 | 0% |
| Category 4 or above | $0.10 | $0.99 | 0% |
| Category 5 or above | $0.10 | $0.99 | 0% |
Market Discussion
As of September 13, 2026, Tropical Storm Norbert is not classified as a hurricane, with maximum sustained winds of 50 mph [^][^]. The National Hurricane Center forecasts indicate a weakening trend due to a hostile environment, expecting Norbert to degenerate into a remnant low by the middle of the week [^][^]. Prediction markets have tracked Norbert's potential to reach Category 1 hurricane status [^].
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What specific atmospheric conditions caused the National Hurricane Center to downgrade its intensity forecast for Norbert between September 12 and September 13?
| Forecast Adjustment | Weaker intensity trend for Tropical Storm Norbert (September 12-13, 2026) [^] |
|---|---|
| Initial Sept 12 Forecast | Potential for hurricane within 24 hours (September 12, 2026) [^] |
| Later Sept 12 Observation | Continuing to weaken (evening advisory, September 12, 2026) [^][^] |
7. Based on the latest advisories from NOAA and the NHC, what is the official forecast track and intensity for Tropical Storm Norbert through September 16?
| Current Status | Active tropical storm in Eastern Pacific (September 13, 2026) [^] |
|---|---|
| Maximum Sustained Winds | 40-50 mph (35-50 knots) (September 13, 2026) [^] |
| Forecast Intensity | Not anticipated to reach hurricane intensity; degenerating into a remnant low by September 16, 2026 [^][^][^] |
8. How did the intensity predictions for Norbert from the main global weather models, such as the GFS and ECMWF, compare on September 11 versus September 13?
| Period of intensity uncertainty | September 11-13, 2026 [^][^][^][^] |
|---|---|
| NHC classification on Sep 13 | Tropical Storm status [^][^][^][^][^][^][^] |
| High seas forecast projection | Hurricane intensity (65 knots) within 24-48 hours (as of Sep 12, 2026) [^][^] |
9. What are the precise sustained wind speed thresholds, per the Saffir-Simpson Scale, that Norbert would need to cross to resolve as a Category 1, 2, or 3 hurricane?
| Category 1 Hurricane Wind Speed | 74–95 mph [^][^][^][^] |
|---|---|
| Category 3 Hurricane Wind Speed | 111–129 mph [^][^][^][^] |
| Norbert's Current Status (Sept 13, 2026) | Tropical storm with 45–50 mph winds [^][^][^] |
10. What low-probability environmental factors would need to materialize for Norbert to defy current forecasts and rapidly intensify before dissipation?
| Current Maximum Sustained Winds | 50 mph (As of September 13, 2026) [^] |
|---|---|
| Official Forecast (Norbert) | Degenerate into a remnant low by Tuesday and dissipate by Wednesday [^][^] |
| Rapid Intensification Likelihood | Low probability (requires significant environmental changes) [^] |
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: December 02, 2026
- Closes: December 02, 2026
12. Decision-Flipping Events
- Trigger: Tropical Storm Norbert, the 16th named storm of an active 2026 Eastern Pacific hurricane season fueled by a strengthening El Niño, was initially forecast to intensify [^] .
- Trigger: As of September 12, 2026, the National Hurricane Center (NHC) expected Norbert, then classified as a tropical storm with maximum sustained winds of 55 knots (approximately 63 mph), to become a hurricane within 24 hours [^] [^] .
- Trigger: However, the forecast has since shifted.
- Trigger: As of Sunday, September 13, 2026, Norbert remains a tropical storm, not a hurricane, with maximum sustained winds of approximately 50 mph [^] [^] [^] .
14. Related News
15. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 14 resolved YES, 6 resolved NO
Recent resolutions:
- KXHURCAT-26LOWELL-T5: YES (Sep 10, 2026)
- KXHURCAT-26LOWELL-T4: YES (Sep 10, 2026)
- KXHURCAT-26LOWELL-T3: YES (Sep 10, 2026)
- KXHURCAT-26LOWELL-T2: YES (Sep 10, 2026)
- KXHURCAT-26LOWELL-T1: YES (Sep 10, 2026)