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AI Insights:
03.08 17:31 UpdatedFair Value Reasoning:
NY-21 is an R+10 'Solid Republican' district. Although incumbent Elise Stefanik announced in late 20...
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Movers
March 6, 2026 - March 8, 2026, the Republican Party price dropped significantly from 83.5c to 73.5c. There was no major breaking negative news (such as scandals or polling collapses) targeting the GOP candidate in this district. This drop is likely driven by a liquidity crunch in the prediction market causing a price impact from a single large sell order, or an overreaction to 'Open Seat' uncertainty.
February 9, 2026 - February 10, 2026, prices remained flat at Republican 86.5c / Democratic 11.5c. The market has fully digested the news of Elise Stefanik's retirement from late 2025, resulting in a period of stability.
Divergence
Significant divergence exists. Mainstream political analysis (e.g., Cook Political Report) rates NY-21 as 'Solid Republican' (implying >90% win probability), whereas the prediction market price implies only a ~73.5% chance. The market pricing has detached from fundamentals, significantly underestimating Republican dominance in this deep red district.