FiveThirtyEight’s poll tracker, which was originally published on July 8 and updated on July 16, shows Joe Biden with a 53 percent chance of winning the election, while Trump has a 46 percent chance.

According to the tracker, Biden is favored to win in 534 out of 1,000 of FiveThirtyEight’s simulations of how the election could go, while Trump wins in 462. The poll also shows that the simulations indicate that Biden is on track for a three-point win.

The polling website said its forecast is based on a combination of polls and campaign “fundamentals,” such as economic conditions, state partisanship and incumbency.