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AI Insights:
03.14 13:03 UpdatedFair Value Reasoning:
CO-04 is Colorado's most solidly Republican district (Cook PVI R+9) with deeply entrenched fundamentals. Despite incumbent Lauren Boebert's controversial profile and the historical headwind of a 2026 midterm (assuming a Trump presidency), she won comfortably by ~11 points in 2024. Even accounting for a standard midterm swing (3-5 points) against the administration, the GOP retains a massive safety margin. The current price of 63.5c implies a near-tossup scenario, which starkly contradicts the 'Solid/Safe Republican' reality and represents a significant undervaluation.
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Divergence
Significant divergence exists. Polymarket pricing (64% GOP) implies a competitive 'Lean R' or toss-up race, whereas authoritative sources like the Cook Political Report rate CO-04 as 'Solid/Safe Republican' (>90% chance). The market is heavily discounting the GOP based on Boebert's personal controversies, ignoring the district's insurmountable deep-red fundamentals.