Backtesting Arena

Backtesting Arena

Gold Correlation

Correlation· DE: Gold-Korrelation

Bitcoin's return correlation with gold — a gauge of the 'digital gold' / store-of-value narrative versus risk-asset behaviour.

Calculation
Pearson correlation of BTC daily returns vs gold daily returns over the selected window (90d/1y/5y). Range −1..+1.
Unit & source
coefficient_-1_1 · tradingstrategies.work BTC × Macro/Asset-Correlation methodology

Related terms

Definitions are for research and education. Metrics describe market conditions — not financial advice or a buy/sell signal.