Bolt of Damask
Bolt of Damask
Crafting Material · Ascended
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Bolt of Damask is a Ascended CraftingMaterial in Guild Wars 2 (GW2).
The current Trading Post price of Bolt of Damask in Guild Wars 2 (GW2) is 
for buy orders and for sell listings. This creates a market spread of approximately 7.7%, which traders monitor closely to identify flipping opportunities. The narrow spread indicates a highly competitive and efficient market. With a daily trading volume of around 
, Bolt of Damask shows strong market liquidity. As with most GW2 Trading Post items, prices fluctuate based on supply, demand, and player activity.
57
59
for buy orders and 62
00
for sell listings. This creates a market spread of approximately 7.7%, which traders monitor closely to identify flipping opportunities. The narrow spread indicates a highly competitive and efficient market. With a daily trading volume of around 536
46
03
, Bolt of Damask shows strong market liquidity. As with most GW2 Trading Post items, prices fluctuate based on supply, demand, and player activity.Last updated: 0 seconds ago
(Data updates every 60 seconds)
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Statistics
Market Cap
Market Cap
Definition
Market capitalization or "Market Cap", represents the total market value of a company's outstanding shares of stock. Investors use this figure to determine a company's size instead of sales or total asset value. In an acquisition, the market cap helps determine whether a takeover candidate represents a good value for the acquirer.
Formula
Market Cap = Total amount of available stock x Price
Guild Wars 2 Example
To put this into context for Guild Wars 2, we can calculate how big the market is for a specific item. In other words, how much gold is sitting in one item theoretically.
Let's say we want to know how big the Market Cap for Mystics Coins are. Naturally, would determine the supply first and the lowest available price for the coins. For instance, let's assume that there are 5,000,000 available coins for sale (Supply) and the lowest sell price is. Then we would do:
Market Cap = 5,000,000 x =
Let's say we want to know how big the Market Cap for Mystics Coins are. Naturally, would determine the supply first and the lowest available price for the coins. For instance, let's assume that there are 5,000,000 available coins for sale (Supply) and the lowest sell price is
1
00
. Then we would do: Market Cap = 5,000,000 x
1
00
= 50,000
00
00
However, we adapted the formula here a bit and actually do an exact calculation by taking the available listings for the item and calculate the Market Cap from that.
How to use it?
You can use the Market cap to your advantage in multiple ways. For instance, if an item has a stable Market Cap, that means that the item is less volatile to price spikes and therefore a mature investment option.
The other way around, if the item has spikes in Market cap, then that can indicate a volatile price which can be beneficial if you like to flip the item.
Generally speaking, if the Market Cap is high then the item also has high velocity. High Velocity = Item gets traded often.
The other way around, if the item has spikes in Market cap, then that can indicate a volatile price which can be beneficial if you like to flip the item.
Generally speaking, if the Market Cap is high then the item also has high velocity. High Velocity = Item gets traded often.
24,603
79
32
Volume 24h
Volume 24 hours
Definition
Volume 24h represents the total value of a stock, traded in the last 24 hours. In other words, how much stock has been moved in the last 24 hours.
Formula
-
Guild Wars 2 Example
In Guild Wars 2 this can be a useful metric to know whether or not an item moves a lot. For instance, the higher the Volume 24h is, the more likely your sell/buy order will get fulfilled. Likewise Volume 24h represents popularity in an item which can make a difference in deciding which item to invest in.
How to use it?
If an item has high volume 24h, you can be sure that it is a competitive item to flip. At the same time, if the general trend is steadily going upwards and there is high volume, then the item can be seen as a good long term investment.
536
46
03
Sell
61
98
Buy
57
59
Supply
8,871
Demand
7,303
Sold
36
Bought
0
Price Delta
4
39
Profit
-
4
91
Profit (Stack)
-
12
27
50
Analysis
Sell% 1 day
+13.275%Sell% 7 days
+2.309%Sell% 30 days
-23.580%Sell short-term Trend
Falling
Sell long-term Trend
No Trend
Buy% 1 day
+0.104%Buy% 7 days
-3.964%Buy% 30 days
-4.489%Buy short-term Trend
Rising
Buy long-term Trend
Falling
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