What Is an Index?
An index is a way to track the performance of a group of assets in a standardized way.
It could be constructed as a broad-based index that captures all the items in Coin Hunt World!, or more specialized such as indexes that track a particular category like cubies, blueprints, or structures.
The Cubieverse Index
The Cubieverse Index is constructed from all items in the game. Essentially, it tracks the performance of a portfolio that has one of everything.
Here is a look at the index performance since price data collection began last fall.
How the Index Works
The index was arbitrarily assigned a base value of 100. So if a player owned one of everything in October 2021, the value of their portfolio was 100 ‘points’.
In most cases, the relative change of an index is more important than the actual numeric value representing the index. So with the Cubieverse Index currently at 133, that number means the index is currently 33% higher than its base level. Assuming a hunter held one of all game items since last fall, they would have seen a portfolio value increase of 33%.
While an astute active trader could see superior returns, this index shows the power of passive investing in the Cubieverse, without the need to play the market.
Keyflation is immediately apparent, with prices rising rapidly over the last couple of months.
However, this chart also reveals that inflation only really took hold in late June, not immediately following the game-changing mid-April update. In fact, for the first couple of weeks after the introduction of walking quests and supercharged mystery boxes, one can see significant deflation, as the velocity of spending slowed dramatically while hunters figured out how they were going to spend their keys going forward.
How High Will It Go?
The Cubieverse Index is a standardized way to track the value of game items in Coin Hunt World! One would expect the rise in the index to slow at some point, once there is enough supply to meet demand. But as demand for cubies will almost certainly increase as more utility is revealed, where this index is six months or a year from now is anyone’s guess.
Until next time – Happy Hunting!
The Auction House team has been combining derived price information with user-submitted data for several months, tracking thousands of sales. Price charts for many items can be viewed on their individual pages on the wiki.