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AI Insights:
03.09 14:29 UpdatedFair Value Reasoning:
VA-11 is a Democratic stronghold in Northern Virginia (PVI D+18). Incumbent Democrat James Walkinshaw established strong incumbency after winning the September 2025 special election by a landslide (~50 point margin). The upcoming April 2026 redistricting referendum is a Democratic-led initiative designed to solidify their map advantage, not jeopardize safe seats. Regardless of the referendum's outcome, the district's demographics make a Democratic victory in the 2026 midterms a virtual certainty. The current price of 91.5c significantly undervalues this certainty.
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Divergence
Significant divergence exists. The prediction market implies an ~8.5% chance of a Republican victory, whereas mainstream political analysis (e.g., Cook Political Report) and demographics indicate a >99% probability for Democrats. This divergence stems not from information asymmetry but from the time cost of capital (238 days to settlement) and liquidity premiums.