Team stock prices are calculated using multiple components to create a fair and dynamic market:

Base Price Components:

• ELO Rating: A computer-based power rating system that evaluates team strength based on game results and opponent quality. All teams receive an ELO rating.
• AP Poll Points: Points from the Associated Press Top 25 poll. Only ranked teams (Top 25) receive these points, with #1 receiving the most.
• Coaches Poll Points: Points from the USA Today Coaches Poll. Similar to AP Poll, only ranked teams receive points.

Popularity Surge Pricing:

Teams can receive a popularity boost based on investor demand:

• Maximum Boost: Up to 20% of the team's base price
• How It Works: As more investors buy and hold a team's stock, the popularity boost increases
• Full Boost Threshold: When 100 shares are in circulation, the team receives the full 20% boost
• Partial Boost: Teams with fewer shares receive a proportional boost (e.g., if 50% of the threshold is held, the team gets 50% of the maximum boost)

Example: If a team has a base price of $200 and 100 shares are held by investors, they receive a 20% boost = $20 additional value, making their total price $220.

Final Stock Price = ELO + AP Poll + Coaches Poll + Popularity Boost