Backtesting Arena

Backtesting Arena

On-Chain Valuation

Valuation· DE: On-Chain-Bewertung

Whether Bitcoin is cheap, fairly valued or expensive on-chain, condensing canonical valuation metrics (MVRV-Z, Mayer, Puell, price/realized, price/production-cost) into a discrete tilt. A descriptive valuation gauge, NOT a trading signal.

Calculation
Each metric mapped to a zone score −2 (deep value) … +2 (expensive) via published thresholds (MVRV-Z uses the 6 shipped mvrvRegime bands); valuation_tilt = mean(zone scores); ≤−1 undervalued, ≥+1 overvalued, else fair_value.
Unit & source
tilt_-2..2 + enum · tradingstrategies.work On-Chain Valuation gauge methodology
Values: undervalued, fair_value, overvalued

Related terms

Knowledge objects measuring this

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