What Does "Avg price over NW" mean? (in General)
March 29 2005 2:55 PM EST
On the meta-stats page in community info, there is a column for "Avg price over NW". Sometimes this column has a negative value that is larger than the average net worth itself. What exactly does this column mean?
Don't get me wrong -- the column serves its purpose well, that of showing the demarcation between "low" items and "high" items... I just don't get what that one column means when the value is ultra-negative (check out the beaked axes)...
March 29 2005 2:57 PM EST
I think it's based on what they sell for in auctions...
March 29 2005 2:59 PM EST
OK...so how can an average price OVER be more negative than the average NW? I still must not be getting it...
March 29 2005 3:02 PM EST
Maybe the data was skewed by one or more really expensive versions of the item selling for next to nothing?
when you sell something for less than its networth then it becomes negative with respect to its networth .: the average can become negative
March 29 2005 3:28 PM EST
If you look at auctions for Beaked Axes you'll see that only two have sold - both NW of $319,068. One sold for $55K and the other for $94.5K.
So they sold for $264,068 and $224,568 less than NW. Average that and you'll get $244,318. Clear as mud?
March 29 2005 3:58 PM EST
Thanks guys, that is clear, and makes the items not worth upgrading REALLY stand out. Jonathan should turn that column into a "Worth Upgrading" index...the more negative, the worse the index. *smile*
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