Question of index ARTIMX on this site

[Nedogonov]

Hello! I would be very grateful to the knowledgeable people who could clarify for me the question of art-indexes on this site.

Nowhere were unable to find an algorithm for calculating them.

Maybe it's a trade secret? However, no algorithm is available for discussion and verification, price them, it seems, is close to zero.

In the limit, any "slogger" can come up with its index, calculated on the wind rose for example, and start promoting it to the Internet ...
  
If I'm not mistaken, the index ArtpPice and ArtTactic obtained by the mass (or at least representative) survey. If any of tutoshnih specialists will find the time to answer - thanks:)

[Admin]

Dear Mr. Nedogonov, thanks for the interesting question!

To begin please note that many of the world market indices published without disclosure of the algorithms for calculating them. And this does not become less valuable.

Your right - to use the indices ARTIMX or not. It is important that the indices ARTIMX very well reflect the real market situation - this is acknowledged by most serious analysts and experts. Our index is published leading business news websites: Bulletin, Finam. In our index Kommersant cites in his analytical articles on the art market (here their latest material). I assure you there, are not fools, and before you start to publish our codes, they were dealt with very carefully whether they could trust.

Another tiny argument. Related indices are calculated at fair market sales and promptly reflect the current situation on the art market, you will not find anywhere else in the world. Those indexes to which you referred, show only the mood of consumers and nothing more, as calculated using data from surveys of visitors on the website or certain selected experts (and, as far as I'm aware algorithms for calculation of indices also are not published anywhere). Our same indexes, as I said, show the objective situation on the market, with its dynamics, as calculated based on actual auction sales. (You have not mentioned the index Mei Moses, for which data are currently available only for 2006, although seemingly announced the existence of data for 2008).

By the way, pay attention to us calculated the index of consumer activity ARTIMXba, which are leading to the main index ARTIMX. For example, according to an index ARTIMXba, now we are seeing a sharp increase in consumer activity in the world's major auctions. I venture to suggest that after a while the main price index ARTIMX also go up. Where do you find more such tools for operational analysis of the art market?

By the way, since I turned up the case, announcing our news. Recently we are expanding the range of our input indices of individual market indices artists. For the 750 most sold at auctions of Russian artists, we calculated the individual market indices (general, indices for painting and graphics). These indices can be compared with the indices of the Russian art market ARTIMX-RUS. On the pages of artists you can see the corresponding graphs.

In addition, based on the individual market indices artists will be constructed rating of Russian artists. Everything is possible just a few days.

Best regards,
Alexander Sinev
Director ARTinvestment.RU

[Nedogonov]

Dear Admin! No action thank you for your prompt and accurate response.

And yet ... manipulating the prices of buying, selling and volume can not lead to prognostic outcome, because all indexes (they can think of a million, there is a will) is essentially a posteriori. What is their purpose, according to the developers? The question that torments investors: "Where to go in the next moment curve?" - As was, and remains intractable and unresolved.

In this sense, perhaps, you worthwhile to enter the host of a survey of market participants, whom you must have a majority on the site. And then bring some index "temperature of the market. This, in my opinion, it was used even more interesting ...

In any case, smartly manipulating numbers is a dual sense: on the one hand, admired a huge amount of work performed by you and the other - until the pain resemblance to the endless "foreksovye" and stock "analytical tools", whose main task - the manipulation of consciousness suckers, because market do not "readers" analysts, and writers ...

Sincerely, Nedogonov

[Vladimir]

Сообщение от Nedogonov

What is their purpose, according to the developers? The question that torments investors: "Where to go in the next moment curve?" - As was, and remains intractable and unresolved.

Wow, and there are technologies that allow to answer the main question investors? If you did, then all would be determined in the market technical analysis - built a grid on the Fibonacci numbers, and built a beautiful "figure" and home to bed with a bag of money to do technical analysis for the morning price indices really fix the past (as well as otherwise? ), but coupled with an indicator of consumer activity can CAUTION assumed direction of further movement.

[Admin]

Dear Mr. Nedogonov,

As you correctly observed, our indices posteriori, ie, based on experience on practical results, in contrast, advocated a priori selected indices, ie, speculative, based on expert evaluation and not reflecting the real market situation.

We are not going to do what you suggest, because we believe that our index to better reflect current market conditions. Furthermore, why should we repeat what has long been done by others? Your right - choose the market-based instruments that seem more reliable.

Best regards,
Alexander Sinev

[Nedogonov]

Сообщение от Vladimir

Wow, and there are technologies to answer the main question investors? .

Actually, I tried this and ask. Including when asked about the method ...

And what indicators, then?)

Poll least allows us to determine the opinion hangouts ... At least one that is talking, living, mainly in Russia.

ArtPrice, the same as it operates on a different sample. There are increasingly foreign-language, I guess.

Well, you've already over my stupidity not get angry, please. Devoured beginner. I train with the best of intentions, though, and they pave the road to hell. Honestly
Sincerely, Nedogonov.

[Сергеич]

As for peer review has already been said a lot of conversation. Look though the real estate market in Moscow, all of 2008 these same experts, they are the same vendors, all toldychili that falling prices will not, but statistics say that the quantity of transactions of sales have plummeted, and then stopped. Who had to listen to? Or won closest example - that would be a $? We will listen to experts? As he collapses, I can hear, two and three. And "collapse" - a relative term, while only the pound collapsed, and the ruble.

[Кирилл Сызранский]

Сообщение от Sergeyitch

What he collapses, I can hear, two and three.

There are now new "Mulka" - amer.

[Meister]

Сообщение от Cyril Syzransky

now the new "Mulka"-American

what is it?

[Кирилл Сызранский]

AMER.
North American unified currency, also often referred to as amer from the Eng. amero) - North American currency alleged Soyuz (U.S., Canada and Mexico), which should replace the U.S. dollar, Canadian dollar and Mexican peso. The concept of the North American Union and have amer similar to the European Union and the euro. Leaders of all three nations said that currently there are no official plans for such a merger.
But our analysts domoroshennye frightening man in the street, "so to abolish the dollar makes it possible for Ameri ...