Definition. Adjusted SOPR (aSOPR) is SOPR computed with all outputs whose lifespan is less than one hour ignored.

Interpretation. Readings above 1 mean the average coin moved that day was sold at a profit, readings below 1 mean it was sold at a loss.

This is the Point-in-Time (PiT) variant of aSOPR. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.