The Responsible Art Market (RAM) NY Committee is hosting a webinar series on the Risks in the Contemporary Art Market – Focus on Data & Analytics. The use of data is essential for market participants to understand the health of the market and make informed decisions. A first panel will explore how different types of data are being leveraged to understand market performance, forecast trends, and manage risk.
The emerging art market is complicated by a record volume of artists and market activity, as well as a dearth of information about the history and trajectory of specific artists/artworks. The second panel will explore how collectors and art market professionals filter and apply data in an art market as active as it’s ever been, and how interpersonal relationships, intuition, and passion continue to supplement analytics in today’s emerging art trade.
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