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Asset Float & Scarcity Velocity

Equities & Market Mechanics

Definition

The total number of shares publicly owned and available for trading, excluding restricted shares held by company insiders.

In Panel Profits

The percentage of a comic issue's total certified census that actively trades in public auctions each year, versus copies locked in permanent private vaults or institutional collections.

Comic-market example

Action Comics #1 has only ~78 certified copies known on the CGC/CBCS census. With an average of only 2 public sales per year, its Asset Float Velocity is an ultra-scarce ~2.5%.

Calculation

Scarcity Velocity (%) = (Annual Public Auction Sales / Total Certified Census Population) × 100

Common mistakes

Do not treat raw estimated print runs as active circulating float.