OPEN-SOURCE SCRIPT
Diupdate

Z-Score Valuation Model

410
Input Factors: It takes several input factors such as price, MVRV (Market Value to Realized Value), SOPR (Spent Output Profit Ratio), Sharpe ratio, Sortino ratio, Omega ratio, NUPL (Net Unrealized Profit/Loss), Risk Index, Active Addresses, and Supply Profitability State.

Calculation of Z-Scores: For each input factor, it calculates a Z-score. The Z-score is a measure of how many standard deviations an element is from the mean. It indicates whether a value is above or below the average and by how many standard deviations.

Composite Z-Score: After calculating the individual Z-scores for each factor, it calculates a composite Z-score by averaging the Z-scores of all the selected factors. This composite Z-score represents an overall valuation metric for Bitcoin.

Visualization: It plots the composite Z-score along with individual Z-scores for each factor on the chart. Additionally, it highlights overbought and oversold areas based on certain threshold values.

Table Display: It displays a table showing the Z-scores of each factor along with the composite Z-score. This table provides a snapshot of the valuation metrics.

Thresholds: It allows setting thresholds for SDCA In and Out levels.
Catatan Rilis
Corrected Titles for Plots
Catatan Rilis
Added RSI.
Added AHR999.
Added text, indicating the value of the Zscore.
Created 2 columns with the indicators and Zscores.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.