The Glassnode Bitcoin Sharpe signal uses a unique ML-based approach with on-chain data to strategically minimize downside risks and capture rising trends in Bitcoin. In the context of enhancing risk-adjusted returns, the model's confidence is visually represented, with green for the highest confidence and orange to red for reduced confidence. A surge beyond the 0.5 mark has historically been associated with improved risk-adjusted performance in Bitcoin. For more information on its interpretation and methodology see this dashboard.

The signal is refreshed daily at 04:00 AM UTC effectively finalizing the previous day's timestamp. Please note that the standard version of the signal includes a 1-day lag.

For Enterprise clients interested in looking to trade with same-day data, learn more about the signal's full potential, or understand the methodology that underpins it, we encourage you to contact our Institutional team.

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