The Short to Long-Term Realized Value (SLRV) Ratio is the ratio of the 24h realized HODL wave and the 6m-1y realized HODL wave. It serves as a measurement for comparing short-term and long-term velocity for bear market detection. This metric was first put forward by ARK Invest.

This is the Point-in-Time (PiT) variant of SLRV Ratio. 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.