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Weekly Market Report - June 27, 2023
Weekly Market Report - June 27, 2023

Associated Press: Patrick Semansky

Published
6/28/2023
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Updated
June 28, 2023

THE GREAT DEBATE: Trout vs. Harper     

Mike Trout (LAA) and Bryce Harper (PHI) have been connected since each made their MLB debut at 19 years old. Both are generational talents, combining for 17 All-Star Appearances, 11 Silver Slugger Awards, 5 MVP Awards, and 2 Rookie of the Year Awards. Both players have entered their 30’s and are signed to long-term contracts. Here is a look at Mojo’s future projections for each player.         

NBA DRAFT RECAP

Mojo IPOed 10 NBA Draft prospects ahead of the 2023 NBA Draft. Here is a look at how each prospect has performed on the market since being drafted by their respective organizations. Cam Whitmore, who unexpectedly fell out of the NBA Lottery (drafted 20th overall) was the biggest mover - falling more than 48%. 

RISE AND FALL: WEEKLY GAINS & LOSSES 

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Mojo Share Prices


Mojo is the sports stock market that allows users to invest in athletes across the NFL, NBA, NCAAF, NCAAB, and MLB.

- Each athlete is assigned a share price: a combination of earned value (stats a player has already accumulated) + future value (projection of future stats).

- Expectations for an athlete’s future value constantly changes based on factors like performance, news, and market sentiment.

- Mojo Value is an objective statistical formula that assigns guaranteed dollar values to key stats. Each league’s statistical formula can be found here.

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