PMWeather|$8,009 Vol|
time3 days 12 hrs

Highest temperature in Toronto on March 22? - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
12°C or below
YesNo
16°C
YesNo
18°C
YesNo
20°C
YesNo
17°C
YesNo
13°C
YesNo
14°C
YesNo
21°C
YesNo
22°C or higher
YesNo
19°C
YesNo
15°C
YesNo
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AI Insights:

11 hours ago Updated
Fair Value Reasoning:
Forecasts from AccuWeather and The Weather Network for March 22, 2026, predict a high between 3°C and 5°C with potential snow, placing the outcome squarely in the '12°C or below' range. While historical records (e.g., 2012) show rare heat, current forecasts show no signs of a heatwave. The market's 25% pricing for '>22°C' is irrational, and the 65% pricing for '<12°C' significantly undervalues its probability, which should be near 95%.

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Exotics
This is a specific date weather prediction market. While weather forecasting is common, betting on the exact temperature value for a specific city on a specific day is a niche 'novelty' market, appealing mostly to weather enthusiasts or locals, rather than the broad appeal of elections or sports.
Divergence
Extreme divergence. Weather forecasts consistently show temperatures around 3-5°C (falling under '12°C or below'), yet the prediction market implies a ~25% probability of a record-breaking >22°C event. This pricing is completely detached from fundamental data, likely due to illiquidity or irrational speculation.

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Highest temperature in Toronto on March 22? - AI Odds Analysis