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Republican Party
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Democratic Party
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AI Insights:
03.09 01:27 UpdatedFair Value Reasoning:
PA-09 is one of the safest Republican strongholds in Pennsylvania (Cook PVI R+21). Incumbent Rep. Dan Meuser won re-election decisively in 2024, and the district favored Trump by a 38-point margin in the 2024 presidential election. The probability of a Democratic upset in the 2026 midterm is negligible. The current price of 90.5 cents largely reflects the opportunity cost of capital rather than actual electoral risk; fair value is close to 99 cents.
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Divergence
Significant pricing divergence exists: The prediction market implies only a ~90% win probability for Republicans, whereas political fundamentals (R+21 PVI, strong incumbent) suggest a probability exceeding 99%. This divergence stems from capital inefficiency and liquidity premiums in the prediction market rather than genuine doubt about the outcome.