Correlation Matrix
What Is Correlation Matrix?
Shows the price correlation between Bitcoin and other assets including stocks (S&P 500, Nasdaq), gold, bonds, and the US Dollar Index (DXY).
How to Interpret
High correlation with risk assets (stocks) suggests Bitcoin trading as a risk-on asset. Decoupling from stocks while correlating with gold suggests maturation as a store of value.
More Technical & Volatility Metrics
Sharpe/Sortino Ratio
Risk-adjusted return metrics for Bitcoin. Sharpe ratio uses total volatility; Sortino uses only downside volatility. Higher values indicate better risk-adjusted performance.
CAGR
Compound Annual Growth Rate — the annualised rate of return for Bitcoin over various time periods. Provides a smoothed view of long-term performance.
ROI from Cycle Low
Measures the return on investment from identified cycle lows. Tracks how each bull market compounds from its bear market bottom.
Bitcoin Drawdowns
Measures the percentage decline from Bitcoin's all-time high at any given point. Provides historical context for the severity of the current or past corrections.