Results establish the anchor
Win rate carries 65% of the current team score and scoring margin carries 35% when both are available. Missing inputs reduce confidence instead of becoming zero performance.
Versioned price method
The market listens to the game and the crowd.
Fandaq keeps fair value and market price separate. Verified performance updates the fair-value anchor. Aggregated buying and selling moves the executable price around that anchor. A mean-reversion force keeps short-term attention from overpowering sport indefinitely.
Production is sport-specific
Skaters, goalies, pitchers, hitters, basketball players, and football players use different transparent production components. Sample size pulls early results toward neutral and exposes confidence.
Compare within the right universe
Each league supplies its asset universe, season state, schedule cadence, and price band. League normalization prevents a raw stat from one sport from masquerading as the same signal in another.
The pricing loop
Three values, one trace.
- 1. Fundamental value
The latest permitted performance data produces a component breakdown, confidence score, source list, and timestamp.
- 2. Market pressure
Buy and sell imbalance creates bounded short-term movement. Price impact comes from real accepted orders, never simulated users.
- 3. Published price
The executable price combines the performance anchor and trading pressure, with floors, ceilings, stale-data rules, and an audit trail.
What runs at $0 today
A reproducible performance-only season.
The active historical market starts every club at ƒ50. A win moves roughly +4%, a draw +0.5%, and a loss −3%, with a goal-difference adjustment capped at three goals. It isolates sporting performance because there is no truthful crowd order book to add yet. A separate ten-season audit tests a fixed-market v2 candidate without changing live replay portfolios.
Publication boundary
Current player and team prices require a source Fandaq is allowed to store, transform, and publish. When a source is missing, stale, or incomplete, the interface must show that state and reduce confidence. It must never manufacture activity to make the board appear alive.