Art Market Analytics
LiveArt Analytics revolutionizes art market analysis by leveraging a machine learning infrastructure that comprehensively processes a multitude of data sources to deliver advanced insights and predictive capabilities. Here are the key features and functionalities that set LiveArt Analytics apart:
AI-Powered Pricing and Analytics: The platform manages an extensive database of over 10 million artworks, utilizing AI to predict prices and offer robust market analytics.
LiveArt Estimate™: This tool provides AI-generated Current Market Values (CMV) for both the artworks in the LiveArt database and user-uploaded pieces, ensuring users have access to precise valuations.
MyCollection™: This feature offers portfolio analytics specifically tailored for artworks within a user’s collection, assisting collectors in tracking and optimizing the value of their investments.
AI-Generated Comparables: For each artwork, the system automatically generates comparables, enhancing understanding of an artwork’s market position by comparing it to over 10 million other artworks.
Artist Performance Indicators: Key statistics such as trade volume, average price, and historical highs and lows are readily available, providing a detailed performance overview for over 345,000 artists.
Sales Performance Indicators and After Auction Reports: Users receive professional summaries and detailed analyses of auctions, including performance breakdowns by lot, helping to understand market dynamics at a granular level.
Comprehensive Data Coverage: The analytics cover a range of inputs, including:
Auction results,
Guarantee and reserves,
Market demand and search behavior,
Coverage of private collections, secondary sales, and more,
Development plans include integrating social media trends, primary sales, art fairs, gallery sales, and future features like bidding history and underbidder data.
Real-Time Market Insights:
Real-time updates on auction totals allow users to compare performance across various auction houses instantly.
Detailed breakdowns show percentages of lots sold above, within, below estimates, or passed.
Includes hammer price and premium data for each lot and auction totals.
Real-time streaming of live and online auctions enhances the immediacy and relevance of data.
Search and Filtering Capabilities: Users can effortlessly search and filter across auctions and results, tailoring the data to their specific needs.
Post-Sale Content: LiveArt Analytics provides instant, digestible post-sale summaries driven by comprehensive data insights, aiding collectors and professionals in making informed decisions quickly.
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