@Pledditor@coinbase I don't trust any wrapped BTC personally, was more making a comment on their decision itself to explain why I don't think they need 'technical' or 'legal' reasons to delist necessarily.
Cheers
@adamtaggart@jessefelder They sell against the passive flows because there's always a buyer, @profplum99 has convinced me tangentially that this isn't the indicator you think it is.
3 bps = 0.03% per day
5 bps = 0.05% per day
Assuming 250 trading days per year:
Low end: 0.03% × 250 = 7.5% per year
High end: 0.05% × 250 = 12.5% per year
For 7.5% annual return:
$1,000,000 × (1 + 0.075)^10 = $2,061,032
For 12.5% annual return:
$1,000,000 × (1 + 0.125)^10 = $3,247,604
Nice
@DAVID19Vincent@PhdBrandenburg I'd love to be a fly on the digital wall...
Force projection or disclosure? I guess we'll find out but I'm a pessimistic man.... cheers gents.
@ashtonforbes
@boomerf3tt@jvisserlabs INDEX:BTCUSD/(BATS:AAPL*0.1345+BATS:MSFT*0.1265+BATS:GOOGL*0.1347+BATS:AMZN*0.1382+BATS:NVDA*0.1517+BATS:META*0.1336+BATS:TSLA*0.1816)
these are the most recent weightings I found
@golden_ratioed@jvisserlabs The weighted should be calculating %market cap no?
I won't claim the %s are perfect and it's annoying to have to calculate and update the indicator, but any more specific and I'd have to make a pine script I think.
Maybe I'll spend time this weekend...
'my attempt'... but you are right and I'm too lazy (and uneducated) on a Friday afternoon:
Index Construction Method for the MAG7
Bloomberg’s MAG7 Reference:
Could be a proprietary or user-defined index in the Bloomberg terminal that may use a specific weighting scheme, currency adjustments, or a different set of representative tickers.
Your TradingView Composite:
If you’re using a simple or even a market-cap-weighted average you manually defined, it’s likely less complex or uses different weights. Bloomberg may incorporate free-float adjustments, sector biases, or corporate actions differently.
Corporate Actions and Adjustments
Bloomberg’s index might factor in stock splits, dividends, and other corporate actions to create a continuous, adjusted time series. This ensures historical comparability but can alter the chart’s shape.
Your TradingView formula is likely just a raw division of today’s prices, without any historical normalization adjustments.
Index Base Values and Starting Points
Bloomberg’s chart could have a rebasing date (for example, starting the index at 100 or another base value at a certain historical point) or may reflect a long-term adjusted index value.
Your TradingView ratio is a direct calculation of today’s prices over historical data, meaning its absolute values and the shape of the chart can differ if Bloomberg’s index is normalized or rebased differently.
'my attempt'... but you are right and I'm too lazy (and uneducated) on a Friday afternoon:
Index Construction Method for the MAG7
Bloomberg’s MAG7 Reference:
Could be a proprietary or user-defined index in the Bloomberg terminal that may use a specific weighting scheme, currency adjustments, or a different set of representative tickers.
Your TradingView Composite:
If you’re using a simple or even a market-cap-weighted average you manually defined, it’s likely less complex or uses different weights. Bloomberg may incorporate free-float adjustments, sector biases, or corporate actions differently.
Corporate Actions and Adjustments
Bloomberg’s index might factor in stock splits, dividends, and other corporate actions to create a continuous, adjusted time series. This ensures historical comparability but can alter the chart’s shape.
Your TradingView formula is likely just a raw division of today’s prices, without any historical normalization adjustments.
Index Base Values and Starting Points
Bloomberg’s chart could have a rebasing date (for example, starting the index at 100 or another base value at a certain historical point) or may reflect a long-term adjusted index value.
Your TradingView ratio is a direct calculation of today’s prices over historical data, meaning its absolute values and the shape of the chart can differ if Bloomberg’s index is normalized or rebased differently.
'my attempt'... but you are right and I'm too lazy (and uneducated) on a Friday afternoon:
Index Construction Method for the MAG7
Bloomberg’s MAG7 Reference:
Could be a proprietary or user-defined index in the Bloomberg terminal that may use a specific weighting scheme, currency adjustments, or a different set of representative tickers.
Your TradingView Composite:
If you’re using a simple or even a market-cap-weighted average you manually defined, it’s likely less complex or uses different weights. Bloomberg may incorporate free-float adjustments, sector biases, or corporate actions differently.
Corporate Actions and Adjustments
Bloomberg’s index might factor in stock splits, dividends, and other corporate actions to create a continuous, adjusted time series. This ensures historical comparability but can alter the chart’s shape.
Your TradingView formula is likely just a raw division of today’s prices, without any historical normalization adjustments.
Index Base Values and Starting Points
Bloomberg’s chart could have a rebasing date (for example, starting the index at 100 or another base value at a certain historical point) or may reflect a long-term adjusted index value.
Your TradingView ratio is a direct calculation of today’s prices over historical data, meaning its absolute values and the shape of the chart can differ if Bloomberg’s index is normalized or rebased differently.