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Forbidden Light Index

A chain-linked barometer of the Forbidden Light chase cards with a fair-value overlay and an S&P 500 comparison. Descriptive — is this set rich or cheap versus what its cards are worth?

The Forbidden Light Raw Index · base 1,000

1,856.78▲ +85.7%

Index level, not a dollar price · 36 chase cards · history since 2025-01-27

Market vs fair value

+46%rich vs modeled fair
CheapFairRich

The basket is trading above fair value. Descriptive of where the market sits today — not a forecast.

Basket

Basket market value
$1,162
Cards in the index
36
Typical card
$22.67
Breadth · up in 7d
58%

Forbidden Light in dollars

Singles baskets and sealed product, priced — not indexed.

What's in the index

Showing 24 of 36 · sorted by price

How this works

01 · WHAT IS IN IT

The chase cards of Forbidden Light that the model prices. A set needs at least five tracked chase cards before it gets an index at all — below that the level is one or two cards wearing a set's name.

02 · HOW IT IS CALCULATED

Equal-weighted and chain-linked from a base of 1,000: each day the level moves by the trimmed-mean daily return of its cards, dropping the top and bottom 2.5% and rejecting any single-day jump over 50%. Curated cuts pick their constituents by recent median price, so one thin sale cannot crown the wrong card.

03 · MARKET VS FAIR

The gauge is the basket’s average gap to modeled fair value — positive means the market trades rich, negative means cheap. It describes the present; it does not predict.

36 CARDS IN THE BASKET · HISTORY SINCE 2025-01-27 · S&P 500 OVERLAY REBASED TO THE WINDOW START