What is True Market Mean Profit-to-Volatility Ratio?

True Market Mean Profit-to-Volatility Ratio is a Bitcoin on-chain analytics indicator. Measures deviations from Bitcoin's True Market Mean fair value normalized by market cap volatility.

How to use True Market Mean Profit-to-Volatility Ratio for Bitcoin analysis?

Use True Market Mean Profit-to-Volatility Ratio to analyze Bitcoin blockchain data and market trends. This on-chain metric helps identify market cycles, accumulation patterns, and potential trend changes.

Is ChartInspect free to use?

Yes, True Market Mean Profit-to-Volatility Ratio is available for free on ChartInspect along with other Bitcoin and cryptocurrency analysis tools.

How accurate is Bitcoin on-chain analysis?

Bitcoin on-chain analysis provides historical insights based on blockchain data. While past performance doesn't guarantee future results, on-chain metrics have shown strong correlation with market cycles.

True Market Mean Profit-to-Volatility Ratio - Bitcoin On-Chain Indicator | ChartInspect

Relative Realized P/L - Track Relative Realized Profit and Loss (RRP/RRL) - normalizing daily realized profits and losses by market capitalization to show profit-taking intensity and loss-realization intensity as separate percentages. Unlike Net Realized P/L which shows net difference, this chart displays both RRP (profit intensity - green) and RRL (loss intensity - red) independently, revealing the relative magnitude of each normalized by total Bitcoin value. Formula: RRP = Daily Realized Profit / Market Cap, RRL = Daily Realized Loss / Market Cap. Watch for crossover points where RRL exceeds RRP - these often mark capitulation events and potential cycle bottoms where weak hands are flushed out. Conversely, when RRP dominates with sustained high values, it indicates profit-taking behavior typical of distribution phases near market tops. Normalization by market cap allows comparison across different market cycle stages regardless of absolute price levels.

Pro

New

On-Chain Metrics

Relative Realized P/L

Track Relative Realized Profit and Loss (RRP/RRL) - normalizing daily realized profits and losses by market capitalization to show profit-taking intensity and loss-realization intensity as separate percentages. Unlike Net Realized P/L which shows net difference, this chart displays both RRP (profit intensity - green) and RRL (loss intensity - red) independently, revealing the relative magnitude of each normalized by total Bitcoin value. Formula: RRP = Daily Realized Profit / Market Cap, RRL = Daily Realized Loss / Market Cap. Watch for crossover points where RRL exceeds RRP - these often mark capitulation events and potential cycle bottoms where weak hands are flushed out. Conversely, when RRP dominates with sustained high values, it indicates profit-taking behavior typical of distribution phases near market tops. Normalization by market cap allows comparison across different market cycle stages regardless of absolute price levels.

On-Chain Metrics

STH PVR

Track Short-Term Holder Profit-to-Volatility Ratio - measures STH unrealized profits/losses normalized by market cap volatility to identify speculative extremes and capitulation phases among new market entrants

Advanced Decline Index - Track market breadth using Advanced Decline Index (ADI)

Pro

Crypto Analysis

Advanced Decline Index

Track market breadth using Advanced Decline Index (ADI)

Crypto Market

BTC Market Dominance

Track Bitcoin's market capitalization dominance as a percentage of total crypto market cap. High dominance (>70%) indicates a Bitcoin-led market phase, while low dominance (<40%) suggests altcoin season. Historical range: 38-95%.

On-Chain Metrics

Holder Realized Prices

Display the realized price (average cost basis) for all Bitcoin holder age cohorts from brand new holders (0-1 day) to diamond hands (10+ years). Each line shows where that cohort last moved their coins on-chain, revealing profit/loss zones and holder behavior patterns with a hot-to-cold color gradient.

Inflation & Prices