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AI Insights:
03.12 09:34 UpdatedFair Value Reasoning:
Given that 2026 is a midterm election year under a Republican presidency (Trump/Vance administration), historical patterns (the 'Midterm Curse') strongly suggest seat losses for the ruling party. Josh Riley, as the Democratic incumbent in NY-19 (a D+1 swing district), holds a significant incumbency advantage. The current pricing of 76-77 cents reasonably reflects this structural edge, shifting the district from a traditional 'Toss-up' to 'Lean/Likely Democrat'. While Republicans are competitive here, the macro environment provides a massive tailwind for the Democrat.
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