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TWIRP Special Indexes Report and Analysis (2008/02/11) TWIRP Index Values (2008/02/04)

This is the TWIRP report covering price changes and economic trends for the week of February 4, 2008. Please read on for a summary of TWIRP index results, and be sure to check out the subsections for more index reports, charts and details.

If you are new to TWIRP and have not yet learned about how it works, I recommend reading either the sections Understanding TWIRP and TWIRP Index Details, or the more concise TWIRP Quick Guide. Without that background you may have a hard time understanding this report.

Global Composite Yield (TWIRP): 99.2 +1.2% p
Skill Composite Yield (TWIRP-S): 99.8 -0.9% q
Combat Composite Yield (TWIRP-C): 98.7 +2.9% p
Key Items Affordability (TWIRP-X-KEY): 104.4 +0.9% p

Advancing Items: 106 (35.0%)
Declining Items: 162 (53.5%)
Unchanged Items: 35 (11.6%)

Item "Winner" of the Week: Guam leaf: +56.0% pppp
Item "Loser" of the Week: Marrentill seed: -38.9% qqqq

Index "Winner" of the Week: Herb Drop Value: +31.8% pppp
Index "Loser" of the Week: Herb Seed Drop Value: -19.9% qqq

Crude Volatility Index (TWIRP-X-VOL): 495.8

After the dramatic changes and price moves of the last few weeks, this report shows a bit more stability, as the initial rush of excitement over Summoning dies down. This is reflected in lower crude volatility, and the fact that there were fewer big gainers and losers than in recent weeks. The overall TWIRP Global Composite Yield index corrected from its big drop last week, gaining 1.2%, largely due to combat yield increases.

The big news in RuneScape is still Summoning, of course, though the tone has shifted. In fact, many recent trends—such as the surge in combat activity—have slowed down or even corrected. Some of these are undoubtedly due to Jagex’s announcement that the second part of the skill would be delayed.

The economy continues to be hampered by the Grand Exchange—or more specifically, Jagex’s insistence on using it to “socially engineer” the game through price floors and ceilings, and other trade restrictions. It is hard to really gauge what is going on in several areas, and there were more items deadlocked this week than there had been in a while (perhaps part of the reason why prices were so relatively stable?)

February looks to be a quiet month, the highlight of which should be a Farming-related minigame. It will be interesting to see what impact this has on prices, because seeds continue to drop in price, and are at historic low prices. In fact, many herb seeds that used to be valuable in the past (toadflax, irit leaf, avantoe) have dropped all the way down into “leave it on the ground” territory. Herblore followed suit to some extent, the only distortion being guam leaf, which is being affected by Summoning. The new minigame may make seeds easier to get, but is that really going to help farmers much? We’ll see.

For more indexes, reports and analysis, be sure to read the subsections below. Otherwise, see you next week.

TWIRP Special Indexes Report and Analysis (2008/02/11) TWIRP Index Values (2008/02/04)