This is the latest of our weekly updates of our combined EU referendum forecast. There is once again almost no change in the average forecast share of the vote or the average probability of a Remain win.
This is our latest update of our combined EU referendum forecast, updated weekly. There is no real change compared to last week in either the forecast share of the vote or average probability that Remain will win, with a clear consensus for a Remain win. This hides some movement in individual forecasts however, with the predicted probability of a Remain win from betting markets increasing, but decreasing from polls.
Last week we launched a combined forecast method, which we will endeavour to update weekly. There is very little change since the last forecast. The average probability that Remain will win has gone up 3 points because all individual forecasts now suggest a higher probability compared to last week, but there is almost no change in the average forecast share of the vote. All methods still show a strong consensus pointing towards a Remain win.
There is a lot of evidence from the academic research on forecasting that suggests it is a good idea to combine information from different sources (e.g. here). In US and German elections generating a forecast by combining the forecasts of others has a good track record. For the upcoming US presidential election pollyvote.org provides an average of different forecasts together with excellent summaries and discussions of the different methods and forecasts.
We have developed a similar method of combining forecasts for the UK’s referendum on EU membership on 23rd June 2016. The summaries of the average forecast win-probability and share of the vote for Remain by method and then overall are presented in the tables below. Note that there are different components for each because some of the source forecasts provide only probabilities or only vote share.
