Definition
The examination of past pricing data for a product or service to understand trends, identify peaks and troughs, and assess current value.
Why it matters (in Poovi’s context)
Used throughout the video to contextualise current lease deals, indicating whether they represent a historical low, average, or peak price.
Key properties or components
- Average price
- Peak price
- Lowest price
- Timeframe of data
Contradictions or debates
None.