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Asset Testing

203
Indicator to compare different asset's alpha to Ethereum / Base asset.

Used as a complement analysis to the different ratio charts. (SOLUSD/ETHUSD, ...)

Helps to maximize opportunity cost and determination of the optimal asset.


Alpha:
Alpha is a metric that gauges the additional return produced by an investment relative to its anticipated return, considering its risk, as reflected by its beta. It evaluates investment performance while accounting for market risk. A positive alpha signifies superior performance, whereas a negative alpha indicates a performance below expectations.



Math completely stolen from QuantiLuxe: (Thank you <3)
Cobra's CryptoMarket Visualizer
Notas de prensa
Added names in a table
Notas de prensa
Polished the table / names
Notas de prensa
Image + Cleaned status line
Notas de prensa
Added option to plot the DMI for easier top/bottom detection

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.