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Market Trading Day Trends

Author
James1122
Perimeter Trade and Distribution Inc
#1 - 2017-02-20 09:17:29 UTC  |  Edited by: James1122
Hi all,

So after finally figuring out how to utalise the EVE API I have spent the last 3 weeks recording and summarising all my trades. An interesting thing that came out of this was there appears to be peaks and troughs with respect to the day of the week. (see linked graph for reference).

http://imgur.com/PNTftZx

Admittedly it is nearly impossible to draw any concrete conclusions from this data as I only have 3 data points per each day (thus the extremely wide 95% confidence interval) however the interesting pattern seems to be a spike of activity on Thursdays and Saturdays with slumps on Fridays and Sundays. I could understand the slump on a Friday as I imagine a lot of people log in and just want to get involved with fleet fights and not bother with pve content combined with increased competitiveness from other traders with the same being true for Sunday. I don't however then quite understand why Saturday then has such a boom in activity whilst Friday and Sunday are so low.

I am interested to know if you guys find similar trends in your trades or if it is just simply I have too little or that the markets I trade in respond differently to others.

....

Rhivre
TarNec
Invisible Exchequer
#2 - 2017-02-20 13:51:52 UTC
The weekly waves (as well as monthly, and daily) are something many people trade on, they vary depending on the items you are trading.

But, generally, in my experience

Saturday is when people log in, pick up their builds from the previous week, and dump them to market. This is when price drops below build cost on some items. Simultaneously, you have more people shooting stuff and being active in space, which increases demand.
At the same time, they pick up the materials for the next weeks runs.

Saturday is when the highest PCU is usually recorded for the week as well.

Sundays, you often get the larger groups moving their weekly deliveries to market.