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Cargo value estimization
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Ditra Vorthran
Caldari Imports and Exports
#1 - 2012-06-06 05:46:03 UTC
When you open up your cargo hold it tells you the estimated value of your cargo in the lower right hand corner.

Any idea where that data comes from?

"Miners mine so I don't have to." ~Metal Icarus
David Forge
GameOn Inc.
#2 - 2012-06-06 05:51:37 UTC
Presumably some formula similar to that used for insurance payouts, based on buy and sell orders. It was added with the updated inventory system.
El Geo
Warcrows
Sedition.
#3 - 2012-06-06 12:38:37 UTC
Brewlar Kuvakei
Adeptio Gloriae
#4 - 2012-06-06 12:45:42 UTC
Insurance takes into account minerals that's why faction ships have such pathetic pay outs. If this is the case I'd take this cargo value with a truck load of salt.
Claire Voyant
#5 - 2012-06-06 13:16:32 UTC
As far as I can tell, it comes from 3 months ago or thereabouts.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#6 - 2012-06-07 15:56:44 UTC
it looks like 3 months moving average.
I can run some regressions on it, but.. meh, i don't care that much.
Anya Ohaya
School of Applied Knowledge
Caldari State
#7 - 2012-06-07 23:40:02 UTC
Many items seem to be overpriced. I guess it isn't removing outliers from the average, such as sell orders with a few extra zeros in them.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#8 - 2012-06-08 03:18:26 UTC
Most of the items which are wrong are the ones that took a dive.
notice most meta4's are wrong.

The moving average is most likely being calculated by occured transactions instead of buy orders. so odd orders with a few extra zeroes mean nothing.
Fiat Money
EVE Sky Corp
#9 - 2012-06-08 23:59:26 UTC  |  Edited by: Fiat Money
K, I've made a test:

I've never bought tritanium the last year and bought 2 bil units of tritanium, all orders higher than 6.2 ISK. Current avg price is 6.27 in Jita.

Current estimated price is shown as 5.45 ISK, so the data is definitely neither connected with my transaction nor with the moving average.

Made another try with zydrine ... those values don't make any sense imo.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#10 - 2012-06-09 00:14:40 UTC
When i said moving average i meant region and maybe cross-region moving average.

Not your specific one. everyone sees the same figures on these estimations.
Jdestars
Stars Research systems Incorporation
#11 - 2012-06-17 11:02:10 UTC
not sure but maybe based on fixe baseprice npc in database , only dev can be confirme the formula

try to do a stockpill of one trita and look his price if you obtain 1.5 isk its the baseprice npc
Anya Ohaya
School of Applied Knowledge
Caldari State
#12 - 2012-06-19 01:07:40 UTC
Jdestars wrote:
not sure but maybe based on fixe baseprice npc in database , only dev can be confirme the formula

try to do a stockpill of one trita and look his price if you obtain 1.5 isk its the baseprice npc


The prices are not fixed, I've noticed several high value faction items that have moved. They aren't based on mineral prices either - at least not for faction items. They seem to lag behind the market. It may be some sort of moving average of item trades.