This refined version of the MVRV ratio employs statistical techniques to amplify its predictive power, highlighting periods of potential overvaluation or undervaluation. This indicator is used as one of the main feature of the BSS model

This is the Point-in-Time (PiT) variant of Bitcoin Sharpe Signal - Indicator II. 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.