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General Question on Nameworth $24,500 Appraisal ZainLLC.com

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How does Nameworth appraise the value of a domain? In the attached PDF, Nameworth appraises ZainLLC.com as having a $24,500 retail price but there is not much analysis or reasoning provided. Any idea?
 

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  • ZainLLC.com - Nameworth Advanced Domain Appraisals.pdf
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It's basically a random number generator. There are some very vague determining factors to a liquid domains trade value but no algorithm comes close to knowing the end user value of any domain.
 
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