#Volatility Tracker

160 messages · Page 1 of 1 (latest)

mellow bear
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A volatility tracker to cofl lore and website that sorts items into 3 categories: low, medium, and high. Based on how much/often price changes over x amount of time depending on volume.

sturdy plank
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what would be low?

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thats pretty subjective

mellow bear
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items like aspect of the ends

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wither armor

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either

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sa armor

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aspect of the dragons

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items that have held the same rough price for x amount of time

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there r items that haven’t changed prices in months

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and then there r items change prices overnight

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obv this is probably a big ask

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but u could compare average median prices over x amount of time

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for example say price moves by around 15% up or down over a certain amount of time

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it would be average volatility

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but items that meta changes or extremely low volume and fluctuate frequently would be high volitilitu

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it could just be % based on median price changing

buoyant tulip
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this would be helpful asf

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cs this way itd be easier to differentiate things thatd sell quickly with cofl

sturdy plank
mellow bear
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not just that

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it would also allow u to filter much safer items

buoyant tulip
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i mean volatility tracker would allow u to find things that might be safer

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to flip

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so u dont get ur ass handed to you by snowman pets

lilac comet
buoyant tulip
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etc

mellow bear
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it could also be super helpful when buying items in general

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if u r trying to buy something that lines up with median, but the volatility is super high it could save u from losing money

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like the balloon snake lmao

buoyant tulip
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n like ive used cofl for investments in general so having a volatility tracker would be nice, i could find a item that isnt volatile and then invest in that for the long term

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very volatile ones = short term

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etc etc

mellow bear
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unless i’m mistaken i don’t think it would be very difficult to make for the majority of items..

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rate of price change % wise against a certain amount of time

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the amount of time could vary depending on volume

sturdy plank
mellow bear
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some items have very high volume but very high volatility

buoyant tulip
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like snowman pets ^

mellow bear
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a median could be super accurate but it could change in a short amount of time

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if the item has high volume

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thus

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volatility feature !

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items like high level nether armor also change median prices VERY often

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and items that go up or down depending on mayor

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certain slayer pets become super expensive before aatrox

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and median moves with them as they go up cause a bunch of people r buying

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it’s not like median would be way below the lbin in cases like that

sturdy plank
mellow bear
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buying items and then price returns to normal

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or price tanks because the item was naturally inflated

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natural inflation affects median price

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volatility would detect that

mellow bear
sturdy plank
mellow bear
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but items that have a much lower volume

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do they use the last 80 sells

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cause certain items have never even sold 80 times

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all i’m saying is that volatility doesnt have to have anything to do with manip

sturdy plank
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median bottoms out at 0.1 volume

mellow bear
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i see

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it would just be super nice to players that don’t know EVERYTHING about skyblock economy/pricing

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and that’s most players

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mayors change the median price of items all the time

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and certain items medians r super easy to change

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i changed balloon snake median by over 100m in a couple minutes

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and it instasold

sturdy plank
mellow bear
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i’m not an expert but idk if it has to do with volume of the way price is calculated when there is not a lot of other examples of items

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but certain rare items can have the median changed very easily

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for example the balloon snake

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i’ve seen a lot

sturdy plank
mellow bear
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i changed median for balloon snake from 300m to like 195 in a couple minutes

sturdy plank
mellow bear
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on accident

sturdy plank
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downwards?

mellow bear
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and instasold it to someone and they lost over 50m

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yes

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i’m just saying

sturdy plank
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thats not a manipulation, thats value drop adjustment

mellow bear
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if an items median jumps like that

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i know

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volatility could show that

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or display it

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any median change over x amount of time is volatility

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if a median price changes by 20% in a certain amount of time that item could be labeled as a certain level of volatile

mellow bear
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but median change and time correlate to volatility yk

sturdy plank
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so one or two underlisting bump the volatility?

mellow bear
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for the exact same item

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depending on volume as well

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but median price for items changes fairly often

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sometimes barely any

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and sometimes a lot

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like with ice spray wands

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hypixel changed lbin for them

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and everyone started selling for what they were actually worth

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cause before u could only list for 32m

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the median changed for that item relatively quickly

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volatility value would show that

restive lark
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i think it could be useful but not very much

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it just depends on the scenario

mellow bear
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i just think it could be useful to config making if u want to filter out more volitile items, and for when you r making a purchase and price has recently changed

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like when marina changes fishing items prices

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or when paul lowers dungeon drops

mellow bear
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they all increase in price pretty significantly

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as well as their medians

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due to aatrox

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and then about 2 days later they returned to regular price

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15m change tho

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first message didnt send

mellow bear
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all increase well past their usual median

mellow bear
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@sturdy plank

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divans alloy median just went up almost 300m cause of cole being mayor

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thats volatile

sturdy plank
mellow bear
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around there ya

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but you see what im saying

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sum items medians can still be super volatile

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depending on whats going on in the game

sturdy plank
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Well for that I would need to store medians and then be able to load them back quickly unless you want to wait a second or two for the descriptions to load

mellow bear
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i see

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i mean use ur best digression

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ur the expert

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if u think itll be more of a hassle then useful dw abt it

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but it would be quite nice to be able to see if an items price is subject to volatility and shit

sturdy plank
mellow bear
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yes honestly

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no

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i mean no

mellow bear
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because some items median price is changing by 20%+/- every few days

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or maybe if an item is labelled volatile it keeps that label for 2 days or sum

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to adjust for the way prices move in the game

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it takes abt 2 days ish for most items to move back to orignial price after a mayor/event

sturdy plank
mellow bear
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prices go up

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volitility goes up

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then prices come back down

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and change by another 20%

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making them volatile for another x amount of time

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if you did 2days once something gets flagged as volatile for the first 2 days, then again as the price goes down quickly

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and by the last day of mayor prices r back what they used to be

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:D

sturdy plank
# mellow bear :D

Shouldn't I rather split references by mayors if an item is affected by it?

mellow bear
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items are also affected by a lot more things

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meta changes

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update teases

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manipulation

mellow bear
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is this getting added or too much hassle?

mellow bear
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divans armor would be volitile rn 🙃

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up 10m / piece clean

mellow bear
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rip volitility tracker

sturdy plank