Market Intelligence
High Liquidity
i
Key Markets: USA & UK
i
Pablo Picasso
Price Historyi
CAGR i
-13.4%
-13.4%
Year-Over-Year Growth i
Volume vs Value
i
Price performance: Realised price vs Pre-sale mid-point estimatei
Hammer Ratioi
Trading Range i
Decade Analysis i
Comparing average realized prices and premium percentages across production decades.
Top Performing Creation Years i
| Creation Year | Works Sold i | Avg Price i | Premium Over Est. i |
|---|---|---|---|
| 1932 | 40 | $11.34M | +4,092.8% |
| 1937 | 47 | $1.76M | +549.1% |
| 1905 | 98 | $1.30M | +381.0% |
| 1939 | 77 | $930.66k | +244.0% |
| 1967 | 79 | $834.21k | +208.4% |
Seasonal Liquidity & Value i
Comparing Volume (Bars) vs Avg Price (Line) to find "Smart Money" months.
Geographic Distribution i
New York
32%
London
29%
Paris
14%
Los Angeles
4%
Chicago
3%
Geo Concentration
0.21
Location Premiums
i
Geo-arbitrage opportunities.
Market Velocity
Sell-Through Rate i
88.6%
Sales Success
Avg Days Between Sales i
4
Turnover Rate
Median Days Between Sales i
2
Typical Cadence
Auction House Performance i
| House | Total Volume i | Avg Price i | Success Rate i |
|---|---|---|---|
| Christie's | $1,535.95M | $424.41k | 93.98% |
| Sotheby's | $1,152.33M | $823.09k | 92.29% |
| Phillips | $124.16M | $197.08k | 92.78% |
| Bonhams | $22.58M | $18.11k | 82.2% |
| Ketterer Kunst | $3.82M | $70.72k | 90% |
| Van Ham | $3.81M | $119.13k | 94.12% |
| Koller Auktionen | $3.54M | $44.19k | 96.39% |
| Piasa | $3.03M | $23.31k | 68.06% |
| Artcurial | $2.35M | $10.56k | 90.65% |
| Hindman Auctions | $2.07M | $12.40k | 94.35% |
Fair Value Range i
Statistical confidence intervals (95%) vs current average price.
Fairly Valued
$305.80k
245.23k
366.36k
Market Position Radar i
Liquidity Risk Trend i
Historical sell-through rate trajectory.
Size Elasticity i
0.35Percentage price increase for every 1% increase in size (sq cm).
Volatility Regime i
Annual price standard deviation. Higher values indicate greater investment risk and opportunity.
Investment Horizons (ROI Analysis) i
Short-term
High Risk
17%
Proj. ROI
Medium-term
Medium Risk
50%
Proj. ROI
Long-term
Low Risk
83%
Proj. ROI
Total Works i
10.6k
Avg Annual Lots i
1.0k
Liquidity Rate
Risk Profile
Volatility i
9.8%
Std Dev
Skewness i
26.2
Asymmetry of prices
Kurtosis i
946
Frequency of outliers
Median Pricei
$9.46k
Historical median price
Opportunity
Undervalued Works
2289
Sold below low estimate
V
Price Segments i
0-50K
50K-100K
100K-500K
500K-1M
1M+
Entry Level (25th %) i
$4.45k
Median (50th %) i
$9.46k
Mid-High (75th %) i
$25k
High End (90th %) i
$100k
Top 1% Floor i
$7.37M
Market Efficiency
Avg Hammer Ratio i
1.70x
Realised Price vs Mid-Estimate
Median Hammer Ratio i
1.30x
Excludes Outlier Bidding Wars
Estimate Accuracy i
81.7%
Excludes Outlier Bidding Wars