Dashboard Glossary

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The asset’s rank according to its market capitalization.

Name

The asset’s common full name.

Price

The asset’s closing price based on the best approximation of the volume weighted average prices across exchanges made by coinmarketcap.com.

Market Cap

Calculated using prices times the best approximation of circulating supply.

Volatility

Annualized historic volatility calculated on the basis of the exponentially weighted moving average (EWMA) method.

Return

7-day and 90-day historic returns on the basis of respective closing prices.

NVT –  Network value to transaction volume

Measuring how much on-chain turnover the network has in relation to how it is priced.

Read more about the use of this measure here.

NVD – Network value to developer output

Measuring how much developer activity the network has in relation to how it is priced.

Read more about the use of this measure here.

NVN – Network Value to News Volume

Measuring how much publicity the network receives in relation to how it is priced.

Read more about the use of this measure here.


Index Glossary

Small Cap Index

The small capitalization index attempts to capture returns that are unique to smaller sized assets. It is is calculated based on the market capitalization of  cryptocurrencies, taking an overweight position in smaller cryptocurrencies. 

Trend Index

The trend index attempts to capture returns that arise from momentum in the price of an asset. It is calculated based on the price returns using time series momentum and is long-only. We discussed this at length here.

Value Index

The value index attempts to capture returns that arise from investing in undervalued assets. It is calculated based on the Network-to-transaction volume (NVT) that we discussed here

Low Vol Index

The low volatility index attempts to capture returns that are unique to assets with the lowest volatility across its peers. It is calculated based on EWMA volatility of  cryptoassets.