MVRV-Z Score
The MVRV-Z Score compares market value and realized value to assess when an asset is overvalued or undervalued.
Last updated
The MVRV-Z Score compares market value and realized value to assess when an asset is overvalued or undervalued.
Last updated
The MVRV-Z Score is used to assess when an asset is overvalued or undervalued relative to its "fair value", as underlined by the deviation between its market cap and realized cap.
When market value is significantly higher than realized value, it has historically indicated a market top (red zone), while the opposite has indicated market bottoms (green zone).
MVRV-Z Score is defined as the ratio between the difference of market cap and realized cap, and the standard deviation of market cap.
October 2018
Awe & Wonder - Introducing … The Bitcoin “MVRV Z” Metric That Predicts Market Tops with 90%+ Accuracy