Mithril Ore

Crafting Material · Basic

Item has been copied to clipboard.

Chat Link has been copied.

Mithril Ore removed from the watchlist.

Last updated: 0 seconds ago
(Data updates every 60 seconds)

Advertisement (Disable adblock to support us!)

Statistics

Market Cap

Definition

Market capitalization or "Market Cap", represents the total market value of a company's outstanding shares of stock. Investors use this figure to determine a company's size instead of sales or total asset value. In an acquisition, the market cap helps determine whether a takeover candidate represents a good value for the acquirer.

Formula

Market Cap = Total amount of available stock x Price

Guild Wars 2 Example

To put this into context for Guild Wars 2, we can calculate how big the market is for a specific item. In other words, how much gold is sitting in one item theoretically.

Let's say we want to know how big the Market Cap for Mystics Coins are. Naturally, would determine the supply first and the lowest available price for the coins. For instance, let's assume that there are 5,000,000 available coins for sale (Supply) and the lowest sell price is

. Then we would do:

Market Cap = 5,000,000 x

50,000

However, we adapted the formula here a bit and actually do an exact calculation by taking the available listings for the item and calculate the Market Cap from that.

How to use it?

You can use the Market cap to your advantage in multiple ways. For instance, if an item has a stable Market Cap, that means that the item is less volatile to price spikes and therefore a mature investment option.

The other way around, if the item has spikes in Market cap, then that can indicate a volatile price which can be beneficial if you like to flip the item.

Generally speaking, if the Market Cap is high then the item also has high velocity. High Velocity = Item gets traded often.

305,321

Volume 24h

Volume 24 hours

Definition

Volume 24h represents the total value of a stock, traded in the last 24 hours. In other words, how much stock has been moved in the last 24 hours.

Formula

Guild Wars 2 Example

In Guild Wars 2 this can be a useful metric to know whether or not an item moves a lot. For instance, the higher the Volume 24h is, the more likely your sell/buy order will get fulfilled. Likewise Volume 24h represents popularity in an item which can make a difference in deciding which item to invest in.

How to use it?

If an item has high volume 24h, you can be sure that it is a competitive item to flip. At the same time, if the general trend is steadily going upwards and there is high volume, then the item can be seen as a good long term investment.

590

Sell

Buy

Supply

18,853,889

Demand

1,551,364

Sold

Bought

252

Price Delta

Profit

Profit (Stack)

Analysis

Sell% 1 day

+11.111%

Sell% 7 days

-16.667%

Sell% 30 days

-23.077%

Sell short-term Trend

Falling

Sell long-term Trend

Falling

Buy% 1 day

+18.750%

Buy% 7 days

-13.636%

Buy% 30 days

-17.391%

Buy short-term Trend

Falling

Buy long-term Trend

Falling

Similar Items

Bowl of White Frosting

Bay Leaf

Bowl of Mango Pie Filling

Bronze Dagger Hilt

Small Green Haft

Green Pistol Frame

Thin String

Rawhide String

Green Torch Handle

Bronze Trident Head

Trading Post data on this website is provided by the official Guild Wars 2 API. This site is independently operated and is not endorsed, maintained, or affiliated with ArenaNet or the Publisher NCSoft, the trademark holder of 'Guild Wars'. All Associated logos, designs or similar are registered trademarks of NCSoft Corporation. Other trademarks are the property of their respective owners.