Putting the results in context
The DeSart model provided an updated prediction of the election outcome. The model predicts that Clinton will collect 50.4% of the two-party vote share in Colorado, while Trump will end up with 49.7%.
Historically, Colorado has been a battleground state, in which no single party has had overwhelming support to clinch that state's electoral college votes. Therefore, forecasts here are of particular value.
Putting the results in context
In general, however, don't have too much faith in the results of single econometric models, because they sometimes contain large errors. Rather, one should check how a econometric model's results compare to benchmark forecasts.
Comparison to other econometric models
Clinton can currently count on 52.1% of the major two-party vote in an average of recent econometric models in Colorado. This value is 1.7 percentage points higher than her respective numbers in the DeSart model.
Results compared to the combined PollyVote prediction
The results of the DeSart model for Clinton are thus 3.0 percentage points below the combined PollyVote, which at the moment predicts a value of 53.4% in Colorado. In comparison, a look at the PollyVote national prediction for Clinton shows that the actual results are 2.4 percentage points lower.