BTC Digital Correlations

BTCT Stock

17.85 0.25 1.38%

The current 90-days correlation between BTC Digital and Lifevantage is -0.03 (i.e., Good diversification). The correlation of BTC Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

BTC Digital Correlation With Market

Good diversification

The correlation between BTC Digital and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BTC Digital and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Moving together with BTC Stock

0.73	EHGO	Eshallgo Class A	Pair Corr
0.69	CWAN	Clearwater Analytics	Pair Corr

Moving against BTC Stock

0.78	CDW	CDW Corp	Pair Corr
0.71	ACLS	Axcelis Technologies	Pair Corr
0.67	BKRKY	Bank Rakyat	Pair Corr
0.61	TER	Teradyne	Pair Corr
0.57	VECO	Veeco Instruments	Pair Corr
0.57	KLAC	KLA Tencor	Pair Corr
0.51	FORM	FormFactor	Pair Corr
0.47	LRCX	Lam Research Corp	Pair Corr
0.47	AEHR	Aehr Test Systems	Pair Corr
0.46	SIMO	Silicon Motion Technology	Pair Corr
0.82	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.73	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.72	PPERY	Bank Mandiri Persero	Pair Corr
0.7	TLK	Telkom Indonesia Tbk	Pair Corr
0.69	PPERF	Bank Mandiri Persero	Pair Corr
0.68	PBCRY	Bank Central Asia	Pair Corr
0.68	KO	Coca Cola Aggressive Push	Pair Corr
0.65	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.57	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.41	BKRKF	PT Bank Rakyat	Pair Corr
0.4	PBCRF	PT Bank Central	Pair Corr
0.38	EC	Ecopetrol SA ADR	Pair Corr
0.35	TLKMF	Telkom Indonesia Tbk	Pair Corr

Related Correlations Analysis

	LFVN	BCPC	WAVS	CF	FIZZ	TME	CECO	MRRTY
LFVN		0.37	0.71	0.61	0.6	0.53	-0.32	0.24	LFVN
BCPC	0.37		-0.05	0.38	0.76	0.05	0.23	0.47	BCPC
WAVS	0.71	-0.05		0.43	0.24	0.44	-0.38	0.03	WAVS
CF	0.61	0.38	0.43		0.35	0.81	0.14	0.02	CF
FIZZ	0.6	0.76	0.24	0.35		0.1	-0.18	0.55	FIZZ
TME	0.53	0.05	0.44	0.81	0.1		-0.07	-0.27	TME
CECO	-0.32	0.23	-0.38	0.14	-0.18	-0.07		-0.04	CECO
MRRTY	0.24	0.47	0.03	0.02	0.55	-0.27	-0.04		MRRTY
	LFVN	BCPC	WAVS	CF	FIZZ	TME	CECO	MRRTY

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

TME	+ 0.81	CF
FIZZ	+ 0.76	BCPC
WAVS	+ 0.71	LFVN
CF	+ 0.61	LFVN
FIZZ	+ 0.6	LFVN
MRRTY	+ 0.55	FIZZ

High negative correlations

CECO	- 0.38	WAVS
CECO	- 0.32	LFVN
MRRTY	- 0.27	TME
CECO	- 0.18	FIZZ
CECO	- 0.07	TME
WAVS	- 0.05	BCPC

Risk-Adjusted Indicators

There is a big difference between BTC Stock performing well and BTC Digital Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BTC Digital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LFVN	3.60	0.83	0.15	(1.65)	4.07	(4.07)	8.92	(6.81)	26.14
BCPC	1.11	(0.03)	0.00	0.08	1.26	(1.25)	2.64	(1.99)	8.32
WAVS	1.07	0.11	(0.01)	(0.21)	1.54	(2.05)	3.35	(3.25)	12.07
CF	1.18	0.19	0.05	13.05	1.57	(1.11)	2.17	(2.19)	6.82
FIZZ	0.91	0.02	(0.04)	0.15	1.08	(0.92)	2.13	(1.89)	6.35
TME	2.41	0.11	0.04	0.22	2.44	(3.04)	5.81	(4.93)	21.86
CECO	2.41	(0.03)	0.03	0.09	3.17	(2.76)	4.65	(3.36)	18.98
MRRTY	2.27	0.27	0.01	(0.12)	2.65	(2.74)	5.04	(5.00)	11.51

BTC Digital Corporate Executives

Elected by the shareholders, the BTC Digital's board of directors comprises two types of representatives: BTC Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BTC. The board's role is to monitor BTC Digital's management team and ensure that shareholders' interests are well served. BTC Digital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BTC Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.

Yupeng Guo

Acting Founder

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