RESEARCH: Evaluating reliability—What is it worth?

Fantasy baseball owners are like investors: We’re always looking for a good return on our draft day investment. And, like most investors, calculating our expected return includes assessing the risk of the investment.

Managing risk leads us to two kinds of valuation adjustments. We downgrade talented players we believe to be higher injury risks, who have a history of inconsistent performance, or whose playing time (PT) is less certain. But we upgrade players we deem more reliable with respect to health, consistency, PT, or all three.

In this article, we’ll study what reliability is really worth—and whether the marketplace properly values that risk.

The Tools

Among the tools at BaseballHQ.com that help us quantify risk are the Reliability...

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