Is Year-to-Year Hitter Consistency Consistent?

Whether I like it or not, I’ve opened Pandora’s box on year-to-year consistency. The concept states that if a hitter’s overall year-to-year production is consistent, the consistent production will continue. Therefore, good, consistent hitters should be valued more highly since owners know what they’ll be getting on draft day. The problem is that consistent overall production doesn’t lead to future consistency.
The discussion started last week when I wrote that Eric Hosmer and Edwin Encarnacion had similar fantasy values but Hosmer’s NFBC ADP (average draft position) was quite a bit lower. Reader’s stated in the comments they devalued Hosmer because of his year-to-year inconsistency.