Empire Avenue Top 20 Indices

I was interested in whether the recent flurry of attention to Enterprise Avenue had drastically impacted the market. Using the EA API, I pulled the last 14 days of closing prices for the top 20 people and the top 20 brands. It turns out that the influx of traders into the market does not seem to have caused a spike in prices among the Top 20 personal stocks. Instead, the average closing price in people rose steadily over 2 weeks to gain 3% in total. There are some noticeable dips in company stocks on the 18th and 22nd – but overall brand stocks gained 6% over two weeks.

Taking a look at the trend in personal stocks, the highest value stock over these two weeks (JOSH) traded an average 34e above the average for the Top 20 (median 108) but trended down over the period.

The price leader in Brand stocks (LAUGHSQUID) traded an average 37e above the Top 20 Average (median 81). It will be interesting to see if leaders continue to trade this much higher than average, and to track the volatility of each track over time.

The DJIA started as a simple average of 30 firms, and was refined over time as the market grew more complex. I thought I’d start by developing some simple trend pictures to understand the history of the market I’m entering. I’ll keep tracking – and would welcome any suggestions for further metrics to be pulled.

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