Crypto Relative Value
Composite Z: -0.42σ (32th percentile)
▶ View the live, interactive version with full charts →
BTC/SPX, ETH/BTC, BTC/Gold rolling z-scores - relative-value composite signal.
- BTC $80,334, ETH $2,313
- Composite Z: -0.42σ (32th percentile)
- 6 oversold signals since 2017-01-01
BTC/SPX Z
-0.61σ
ETH/BTC Z
-0.59σ
BTC/Gold Z
-0.06σ
Composite Z
-0.42σ
BTC Price
$80,334
ETH Price
$2,313
When to run this study
Run when considering adding or sizing up crypto exposure. Identifies when BTC is historically cheap relative to equities (BTC/SPX), gold (BTC/Gold), and when ETH is cheap within crypto (ETH/BTC) — the composite of all three flags the highest-conviction dip-buying windows.
Historical results
Current Z-Scores
| Ratio | Z-Score | Percentile |
|---|---|---|
| BTC/SPX | -0.61 | 28.90 |
| ETH/BTC | -0.59 | 45.30 |
| BTC/Gold | -0.06 | 40.20 |
| Composite | -0.42 | 32.30 |