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
Cycle Performance
Compares Bitcoin's performance across different market cycles (halving to halving or bottom to bottom). Overlays cycles to identify patterns and divergences.
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 Dominance
Bitcoin's share of the total cryptocurrency market capitalization. Calculated as Bitcoin's market cap divided by the total crypto market cap.
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.