Indices ARTIMX

[fross]

For several days no service works index ARTIMX, what happened and when reappear access? And can we see ARTIMX comparison with other indices, eg ArtPriceIndex or RTAs?

An interesting comparison ArtPrice c DowJones and US House Market.

[Konstantin]

Proizoshol failure in the base calculation, and now again converted the entire array of data. Day two and it will work.

[fross]

This means that originally were published and indices with errors? Or need to recalculate the entire database on a daily basis (but this is unlikely)?

[Admin]

No, originally it was all right. Just when calculating the index of the latest error, and it has accumulated. A script on the server for some reason pererestal work out, because of what indexes unnecessarily "fallen". We Reinvent the entire program calculation that this will not happen. On Monday and Tuesday will Indexes. Sorry.

Сообщение от fross

And can we see ARTIMX comparison with other indices, eg ArtPriceIndex or RTAs?

Difficult to say until you know how to implement it. Think.

[fross]

Indices have earned and with their help, wanted to see how right Mr. Boehm and wait a quarter of the crisis, only the old masters - ARTIMX Old masters.

I understand that since 2001, above all grew up ARTIMX Contemporary Art, then ARTIMX-RUS, while the two segments of the growth was lower than in the whole of art - a ARTIMX Old masters and ARTIMX Impressionism & Modern Art. And at the second lowest rates. Technically, this may mean that it is the latter two categories least affected by the crisis.
Considering also that the prognosis is for contemporary art is the most disappointing I have formed a suspicion that because ARTIMX-RUS all these years showed similar performance, then it expects a correction?
But I understand, this index together various segments of Russian art and would like to understand what will happen: old masters, the Russian foreign countries, Social realism, nonconformists and contemporary Russian art.
Who gives any predictions?

[Sandro]

Сообщение от fross

would like to understand what will happen: old masters, the Russian foreign countries, Social realism, nonconformists and contemporary Russian art.
Who gives any predictions?

I think at the November auctions will collapse in modern Russian, but for everything else the same not answer, I hope that will sell shirts, then you can at least hope for something. But in general the next year will be full ...: mad:

[fross]

Let us further compare ARTIMX-RUS with the RTS and the index m of the Moscow real estate prices (in the absence of all-Russia price index of housing).
It turns out that if in 2001 ARTIMX-RUS grew 2,8 times, the RTS is about 10 times increased, and most recently fell to a level of growth to 3 times, and the cost of meters of the Moscow real estate has increased 6 times and had stopped with a slight correction.
Can you see yourself.
So if there is a correction on Russian art, then it would not be associated with the objective of its value, but only for psychological reasons. The reasons for these are caused, not least, the lack of comparative information on the current situation in the traditional investment markets (stock exchange and real estate) and the art market.

[Admin]

fross, I must again apologize. The fact is that the version of the indices, which was opened yesterday, is an intermediate solution, counted with some assumptions. The final version was calculated from the refined algorithm will be available tomorrow (just do not have time to count all the complete specification of the algorithm, it is very difficult, for each index is the mass of the intermediate calculations). Yesterday we decided to open this interim option just to make page index is not empty. The final version of the indices are likely to be some changes in the values of certain indices for directions and some of them (but not all) are likely to grow. Although in any case they did not grow up in times, and behavior charts will remain roughly the same as now.

By the way, if we compare the current index to those that were counted from the beginning, the values of the current index fell slightly compared with the original. I think that after the final calculation of the refined algorithm, the indices returned approximately to their original values, but in any case they will be counted accurately.

Perhaps we hurry now, opening the interim option prematurely. We had to wait another 2-3 days and have already opened the final version. I hope you will forgive us for it. Especially because, once again, the behavior of the curves on the graphs and values of individual indices changed insignificantly.

Regarding the comparison of our index with the RTS index and other global indices. It is understood that currently available indexes ARTIMX are averaged over the market and in certain areas of the market. This means that the individual performance of individual artists vary widely. And if you count the similar indices for specific artists - and we plan to do it in the next phase - that the performance of some artists may substantially exceed the average market (which is quite natural). It is with this purpose and were designed indexes, so that you can use them to on the basis of statistical data to analyze the investment attractiveness of specific artists and compare it with the market average.

I think that this service we will do and start in the next month.

[dedulya37]

Сообщение от Admin

I think that this service we will do and start in the next month.

Experienced fross vain to tag each line of art different colors according to schedule.
It would be even easier to compare the graphics, if somewhere in the corner of the table would be shown color the name of art direction in the form of squares. For all the tables at once, together does not compare.
For example: ARTIMX-RUS - a green box, ARTIMX Old masters - yellow.
Thank you for your understanding.

[Admin]

dedulya37, excuse me, I did not understand a bit. You mean the colored squares directly on the charts? Or whether they were on the tables, placed under the schedule? But in the names of the tables and indexes as color-coded, the corresponding color curves on the graphs. It seems to be all clear.

Please explain in more detail what you offer.