abstrart presentation - mine
Post on 24-Apr-2015
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abstrART.meDaniel Fernandez
The Market
USD 65.9 B
The Problem
The Solution
What is a good value for my art?
Data
Price Distribution
Market Trends
The Algorithm
Select all artwork within a given category
Application of a linear mixed model
• Fixed Effects:• Size• Year of sales
• Random Effects:• Artist• Movement• Auction House
Price range prediction of a given art piece
Cross Validation
RMSE = 0.42
My JourneyDaniel Fernandez
THANKS!
Hierarchical Models and Stein’s paradox
Art Indexes vs. SP500
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