Market Intelligence
High Liquidity
i
Key Markets: USA & UK
i
Pablo Picasso
Price Historyi
CAGR i
12.8%
12.8%
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 |
|---|---|---|---|
| 1937 | 55 | $1.77M | +557.6% |
| 1905 | 105 | $1.22M | +352.1% |
| 1923 | 49 | $1.10M | +309.3% |
| 1939 | 98 | $936.29k | +248.3% |
| 1967 | 100 | $818.40k | +204.5% |
Seasonal Liquidity & Value i
Comparing Volume (Bars) vs Avg Price (Line) to find "Smart Money" months.
Geographic Distribution i
New York
34%
London
30%
Paris
12%
Los Angeles
3%
Chicago
3%
Geo Concentration
0.22
Location Premiums
i
Geo-arbitrage opportunities.
Market Velocity
Sell-Through Rate i
89.1%
Sales Success
Avg Days Between Sales i
17
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 | $1,684.36M | $414.05k | 94.14% |
| Sotheby's | $1,353.36M | $724.11k | 93.26% |
| Phillips | $137.30M | $198.41k | 92.89% |
| Bonhams | $24.58M | $17.26k | 82.17% |
| Ketterer Kunst | $3.92M | $63.28k | 89.86% |
| Van Ham | $3.81M | $119.13k | 94.12% |
| Koller Auktionen | $3.54M | $44.19k | 96.39% |
| Piasa | $3.03M | $23.31k | 67.71% |
| Artcurial | $2.45M | $10.85k | 90.76% |
| Hindman Auctions | $2.07M | $12.40k | 94.35% |
Fair Value Range i
Statistical confidence intervals (95%) vs current average price.
Fairly Valued
$303.45k
247.72k
359.18k
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
8,592%
Proj. ROI
Medium-term
Medium Risk
25,775%
Proj. ROI
Long-term
Low Risk
42,958%
Proj. ROI
Total Works i
12.0k
Avg Annual Lots i
1.1k
Liquidity Rate
Risk Profile
Volatility i
9.7%
Std Dev
Skewness i
25.6
Asymmetry of prices
Kurtosis i
920
Frequency of outliers
Median Pricei
$9.45k
Historical median price
Opportunity
Undervalued Works
2600
Sold below low estimate
V
Price Segments i
0-50K
50K-100K
100K-500K
500K-1M
1M+
Entry Level (25th %) i
$4.53k
Median (50th %) i
$9.45k
Mid-High (75th %) i
$24.95k
High End (90th %) i
$95.47k
Top 1% Floor i
$7.41M
Market Efficiency
Avg Hammer Ratio i
1.73x
Realised Price vs Mid-Estimate
Median Hammer Ratio i
1.30x
Excludes Outlier Bidding Wars
Estimate Accuracy i
83.9%
Excludes Outlier Bidding Wars