Understanding virtual asset indicators

The following presents the core indicators of virtual assets, including 24-hour price/volume, the Committee, and market cap performance and supply. This information enables you to swiftly grasp an asset's activity level, volatility, and supply-demand situation.

 

24-hour highest

The highest price generated by an asset in the past 24 hours.

 

24-hour lowest

The lowest price generated by an asset in the past 24 hours.

 

24-hour quantity

The total number of trades of an asset in the past 24 hours.

 

24-hour volume

The total trading volume of an asset in the past 24 hours.

 

24-hour range

24-hour range refers to the percentage between the difference of the day's highest and lowest prices relative to the previous closing price.

Formula: 24-hour range = (24-hour highest – 24-hour lowest) / Previous closing price * 100%

 

Bid-Ask ratio

The bid-ask ratio, also known as the order ratio, iis an indicator that measures the relative strength of buy and sell orders over a specific period.The ratio's value ranges from -100% to +100%. A value of +100% indicates that all outstanding orders are bids; a value of -100% indicates that all outstanding orders are asks. A ratio of 0 means the volume of bids and asks is equal. 

Formula: Bis-Ask ratio = (Buy order volume – Sell order volume) / (Buy order volume + Sell orders volume) * 100%

 

Circulating volume

The number of currencies or tokens issued by an asset.

 

Circulating market cap

Formula: Circulating market cap = Circulating volume * Asset current price

 

Maximum supply

The maximum number of cryptocurrencies. Different cryptocurrencies have different supply limits. For example, Bitcoin has a maximum supply of 21 million coins, while Ether has no maximum supply limit.

 

Maximum supply market cap

Formula: Maximum supply market cap = Maximum supply * Current asset price

Note: For cryptocurrencies with no maximum supply limit, this field is left blank.

 

Circulation rate

Formula: Circulation rate = Circulating volume / Maximum supply * 100%

Note: For cryptocurrencies with no maximum supply limit, this field is left blank.

 

Key Takeaways: The virtual asset major indicators include: 24-hour highest/lowest, 24-hour quantity/volume, 24-hour range, Bid-Ask ratio, circulating volume, circulating market cap, maximum supply, maximum supply market cap, and circulation rate.

 

Disclosures

This article is for reference only and does not constitute any investment advice.

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