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Republican Party
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Democratic Party
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AI Insights:
03.16 06:46 UpdatedFair Value Reasoning:
NC-05 is one of the most solid Republican districts in North Carolina (R+13), having backed Trump by 18 points in 2024. Incumbent Republican Rep. Virginia Foxx has confirmed her reelection campaign, and the 2025 redistricting further solidified the district's deep-red structure. With no significant challenger, the probability of a Democratic victory is statistically negligible (<2%). The current Republican price (90c) remains below its actual win probability.
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Movers
March 12, 2026 - March 13, 2026, the price of Democratic Party spiked from 0.9c to 11.35c, before correcting back to 5.95c on March 14. This abnormal fluctuation (>10c) was likely caused by low liquidity 'fat finger' trades or irrational speculation, as there were no fundamental shifts in this deep-red district to favor Democrats.
Divergence
Significant divergence exists. Mainstream political forecasting models (e.g., Cook Political Report) rate NC-05 as 'Solid Republican' (>99% win probability), whereas the prediction market pricing implies only a 90% win probability. This 9% spread is primarily due to low market liquidity and capital inefficiency rather than genuine electoral uncertainty.