According to the current trading prices of the futures contracts, an estimate can be found of what traders are betting will be the outcome of 2004 Presidential Election.
If the traders are correct, President Bush would receive 295 Electoral Votes and John Kerry would receive 243 Electoral Votes.
If the weighted probabilities of President Bush winning in the states are added up, and then divided by 538, and multiplied by 100, then President Bush should get 290.03 Electoral Votes.
270 Electoral Votes are needed to win the Presidency.
Opinions and commentary are welcome.
2004 Projected Presidential Electoral Votes as of 9/27/2004
2004 Projected Presidential Electoral Votes as of 9/20/2004
2004 Projected Presidential Electoral Votes as of 9/13/2004
2004 Projected Presidential Electoral Votes as of 9/6/2004
2004 Projected Presidential Electoral Votes as of 8/30/2004
2004 Projected Presidential Electoral Votes as of 8/23/2004
2004 Projected Presidential Electoral Votes as of 8/16/2004
2004 Projected Presidential Electoral Votes as of 8/9/2004
2004 Projected Presidential Electoral Votes as of 8/2/2004
2004 Projected Presidential Electoral Votes as of 7/26/2004
2004 Projected Presidential Electoral Votes as of 7/19/2004
2004 Projected Presidential Electoral Votes as of 7/12/2004
2004 Projected Presidential Electoral Votes as of 7/5/2004
2004 Projected Presidential Electoral Votes as of 6/28/2004
2004 Projected Presidential Electoral Votes as of 6/21/2004
2004 Projected Presidential Electoral Votes as of 6/14/2004
2004 Projected Presidential Electoral Votes as of 6/7/2004
2004 Projected Presidential Electoral Votes as of 5/31/2004
2004 Projected Presidential Electoral Votes as of 5/24/2004
2004 Projected Presidential Electoral Votes as of 5/17/2004
2004 Projected Presidential Electoral Votes as of 5/10/2004
2004 Projected Presidential Electoral Votes as of 5/3/2004
2004 Projected Presidential Electoral Votes as of 4/26/2004
2004 Projected Presidential Electoral Votes as of 4/19/2004
2004 Projected Presidential Electoral Votes as of 4/12/2004
2004 Projected Presidential Electoral Votes as of 4/5/2004
2004 Projected Presidential Electoral Votes as of 3/29/2004
2004 Projected Presidential Electoral Votes as of 3/22/2004
2004 Projected Presidential Electoral Votes as of 3/15/2004
2004 Projected Presidential Electoral Votes as of 3/8/2004
2004 Projected Presidential Electoral Votes as of 3/1/2004
2004 Projected Presidential Electoral Votes as of 2/23/2004
2004 Projected Presidential Electoral Votes as of 2/16/2004
2004 Projected Presidential Electoral Votes as of 2/9/2004
2004 Projected Presidential Electoral Votes as of 2/2/2004
2004 Projected Presidential Electoral Votes as of 1/26/2004
2004 Projected Presidential Electoral Votes as of 1/21/2004
First question: are the non-winner-take-all states weighted as such, or are they considered here in a winner-take-all way?
Second: is there any analysis of the SENATE? That is almost as important as the Presidential election.
If your probability weighted scores differed from this figure by much, then an arbitrage play would exist allowing a smart trader to lock in a small profit, thus moving the two figures back into agreement (within transaction costs).
So, it is only necessary to track this market.
If your probability weighted scores differed from this figure by much, then an arbitrage play would exist allowing a smart trader to lock in a small profit, thus moving the two figures back into agreement (within transaction costs).
So, it is only necessary to track this market.
Here is something interesting:
If one considers a state to be "in play" if the current likehood of Bush winning is between 45% and 55%, then the currrent number of states "in play" is Zero.
Date | Prob. Bush Win | Mean EVs | Std. Dev. |
01/21 | 96.8% | 341.5 | 41.1 |
01/26 | 95.5% | 334.8 | 40.6 |
02/02 | 92.2% | 323.8 | 39.7 |
02/09 | 83.0% | 307.8 | 40.3 |
02/16 | 78.4% | 300.4 | 39.4 |
02/23 | 76.2% | 298.2 | 39.6 |
03/01 | 74.5% | 295.9 | 39.3 |
03/08 | 68.0% | 289.2 | 39.8 |
03/15 | 68.0% | 288.8 | 39.0 |
03/22 | 68.5% | 289.3 | 38.8 |
03/29 | 69.4% | 290.1 | 38.8 |
04/05 | 71.2% | 292.3 | 39.1 |
04/12 | 70.4% | 290.6 | 38.1 |
04/19 | 68.6% | 288.1 | 36.7 |
04/26 | 64.9% | 284.5 | 36.3 |
05/03 | 66.3% | 285.7 | 36.3 |
05/10 | 65.6% | 285.3 | 36.8 |
05/17 | 65.2% | 284.8 | 36.6 |
05/24 | 60.0% | 280.3 | 36.9 |
05/31 | 61.1% | 281.2 | 36.8 |
06/07 | 60.5% | 280.6 | 36.5 |
06/14 | 65.0% | 285.0 | 36.6 |
06/21 | 63.9% | 284.0 | 36.8 |
06/28 | 58.4% | 278.8 | 36.7 |
07/05 | 58.7% | 279.1 | 36.7 |
07/12 | 53.1% | 274.2 | 36.5 |
07/19 | 48.2% | 269.8 | 35.7 |
07/26 | 43.4% | 265.6 | 35.0 |
08/02 | 42.1% | 264.3 | 34.7 |
08/09 | 42.9% | 265.2 | 34.5 |
08/16 | 42.6% | 264.9 | 34.2 |
08/23 | 41.8% | 264.3 | 34.5 |
08/30 | 56.1% | 276.4 | 35.0 |
09/06 | 65.0% | 284.1 | 35.0 |
09/13 | 73.7% | 291.5 | 34.2 |
09/20 | 80.1% | 297.3 | 33.4 |
09/27 | 81.0% | 298.9 | 33.9 |
10/04 | 69.1% | 286.3 | 32.5 |
I particularly like the fact that the North Carolina probability is 91% for Bush-Cheney. Combine that with the fact that Richard Burr has now pulled even with Erskine Bowles in the Senate race and it is apparent that Mr. Edwards doesn't have much of a following in his own state.
PING !!!