[DoI] Stock Market: Week #1 - Wednesday
IndexInfinity
Notice: Trickstir, the Secretary of Interior, is out for the day and is unable to post this article from the Department of Interior organization. For today, I will post this from my own newspaper.
Updates: A few changes have been made! Based on feedback from players, all stock values will now be based on their demand. To see how it works, please look at the FAQ section. Also, the trading sheet now allows you to trade multiple stocks at once!
Would you like a private pm detailing the amount of stock you own and it's current value after every market opening, or would you like to have access to a google doc listing the stocks owned by all players? Leave your suggestions below!
Over $95,000 invested already!
Stock information for Week #1 - Wednesday
Get live updates on stock purchases and sales at tinyurl.com/doi-stock-logs
Q7 Corporation
Stock value: $22
Value change: $4
Percent of market: 20%
Virtual Reality Incorporated
Stock value: $16
Value change: $1
Percent of market: 4%
Cybernetic Technologies
Stock value: $21
Value change: $1
Percent of market: 4%
Elite Defense Distributed
Stock value: $12
Value change: $2
Percent of market: 24%
Agilent Technologies
Stock value: $14
Value change: $1
Percent of market: 4%
Noob Investments
Stock value: $7
Value change: $2
Percent of market: 43%
To invest in a stock, please go to tinyurl.com/DoI-Stock-Trader and fill out the form
Frequently Asked Questions:
Why did all the stocks go up?
A stock is valued based on the demand for it. When a stock first enters the market, any purchases whatsoever give a higher demand for it than before, therefore the stock will rise in price. This only happens when a stock enters the market for the first time.
What does all this information mean?
Stock value - Value of stock
Value change - Value that the stock has changed by since the last article
Percent of market - Used for deciding player demand. Shows the amount of stock people own for this company relative to the total amount of stock owned.
How do the markets work?
Please note: Calculations are made every Monday, Wednesday, and Friday. An article is released detailing these calculations each time.
The markets are based entirely off of player demand. The algorithm is:
(share worth) x (1+(change in percent market))
This is not information you need to know in order to invest. It does, however, show you that the stocks are not based off of random chance. Also, please note that change in percent market is a percentage as well.
How is my money safe?
All transactions are logged through Google Docs. Each time you fill out the form, it is documented in a secure sheet (i.e. it can't be modified). All monetary transactions and holdings are double checked against this sheet, ensuring that nobody can falsely report anything. The sheet is managed by an entire team, and all information is checked by multiple people. In short, unless someone can hack Google, your cc is safe.
History
Get information on how stocks have shifted over time.
Week #1 - Monday: erepublik.com/en/article/2393378/1/20
Disclaimer: This is a Department of Interior program, and is solely designed to make the game more enjoyable. It is not an attempt to replace the current economic system. Based on how you invest, you can lose money. The value of the stocks will fluctuate, making it very possible that you could lose money in the process of investing.
Comments
Thanks Index I just got logged in first time in over 24 hrs, glad you where able to handle this
GoogleDoc where we could check out our shares would be cool with me.
Need the most updated list possible of current valuations. Gdoc is fine.
And actually, it is not necessary for everyone to see who owns what, but we all need to see the current valuation or transactions on the market (even if anonymous).
I will start putting that in then. Thanks for your input guys, expect the updates by Friday.
Yeah, a GDoc with general transaction data would be cool. No personal info, though.
Feature added in 🙂
lolol made 2k in 3 days. #easymoney lolololol
I think a public Google Spreadsheet listing all the investors and their shares in whichever companies they invested in would be a good idea, similar to that of the Wallis Stock Exchange, before Mr Andrews die😛 https://docs.google.com/spreadsheet/pub?key=0AgbSalYpxzy1dHBzWTJKaHJfcmJMR0R4STZ0aE8tVHc&gid=2
There is currently one listing all transactions, my only concern about listing everything is privacy.
Maybe make it public but assign each investor an ID number? That way it can be public, but still private.
are the stock values affected by anything in the eWorld? No offense, but it feels a bit like a lottery where which ever stock is cooler is the one that will rise.. I don't see why I would want to "invest" in any of it.
Please explain 🙂
The stock values are only based on demand. The goal of this is not to make a stock market, it's to make something similar that people can have fun investing in. Yes, you could randomly invest, but since you can see who is buying what, you can actually make a pretty informed guess on which stock is going to rise.
I have had nothing but bad experiences with previous "stock markets".
Wait and see, I think you'll notice that this will be different. If you're unsure, just wait on it.