The chart above provides us with a breakdown of the average sale price of the shoe since March 12,2022. The shoe lost about $63 every day since the 12th of March, and current has a resale value of $394. Given the fact that this might be a relatively limited release, I don’t see the current prices going any further down. You can expect the resale value between $380 and $415. Let’s however find our five number summary for better insights.
The highest value recorded was $771 ( recorded on 3/12 for a size 10.5), while the lowest was $330 ( on two size 9’s recorded on 3/17). 25% of the shoes sold for values from $330 to $400 ( 2 size 8’s, 2 size 8.5, 3 size 9, 3 size 9.5, 2 size 10 and single size 6,7.5,11.5 and 12). 50% sold for prices from $400 to $477 and another 25% sold for prices between $477 and $771 ( most of the sales occurred between 3/12 and 3/15) so they can be disregarded. There were five irregular values {620, 698, 700, 725, 771} corresponding to sizes 8,10,11 and 10.5. Without the outliers, the projected resale value is $430 leading to a profit margin of +$147, that’s a good one to invest in. Here’s a breakdown of the current profits per size sold.
Margins range from $97 to $457 with sizes 4,6.5, 10,10.5, and 11 fetching the highest returns. This is certainly a good shoe to target next week. I’ll be providing you with an equation for the long term option in about 14 days, stay tuned.
