Benchmarks in long-term up trend
A benchmark is a standard that is used to measure the change in an asset’s value or another metric over time. In investing, benchmarks are used as a reference point for the performance of securities, mutual funds, exchange-traded funds, portfolios, or other financial instruments.
Generally, broad market and market-segment stock and bond indexes are used for this purpose—even cryptocurrencies have benchmarks, hallmarking the importance of having something to compare an asset’s performance to
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Bitcoin
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the alias Satoshi Nakamoto. Officially launched in January 2009, Bitcoin is a peer-to-peer online currency that allows transactions to happen directly between equal and independent network participants without the need for any intermediary. Bitcoin is digital money that cannot be inflated or manipulated by any individual, company, government, or central bank. Bitcoin is recognized as one of the initial cryptocurrencies to come into use and has inspired the development of thousands of competing projects. There will only ever be 21 million BTC. Bitcoin is highly divisible, with its smallest unit, i.e. 0.000 000 01 BTC, called a “satoshi” or “sat.” As bitcoin’s value has risen, its easy divisibility has become a key attribute.
| Market | Perf All Time > 0% | Perf 10Y | Perf 5Y | Perf YTD | Price above 200D SMA |
|---|---|---|---|---|---|
| Bitcoin | True | 9 151% | 363% | 34% | False |
Ethereum
Ethereum is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts and decentralized applications (dApps) without any downtime, fraud, control, or interference from a third party. Launched in 2015 by Vitalik Buterin and other developers, Ethereum extends the capabilities of Bitcoin’s blockchain technology by incorporating a built-in programming language that allows developers to write their own code and create personalized applications. Ether (ETH) is the platform’s native cryptocurrency, which is used to pay for transaction fees and computational services on the Ethereum network.
| Market | Perf All Time > 0% | Perf 10Y | Perf 5Y | Perf YTD | Price above 200D SMA |
|---|---|---|---|---|---|
| Ethereum | True | 298 827% | 853% | 30% | False |
Nasdaq 100
The Nasdaq 100 Index is a benchmark stock market index comprising 100 of the largest non-financial companies listed on the Nasdaq Stock Market, a premier global electronic marketplace for buying and selling securities. Launched in 1985, the index includes diverse sectors such as technology, consumer services, healthcare, and biotechnology, with a significant emphasis on technology-driven firms. Renowned for its high growth potential and innovation, the Nasdaq 100 features prominent companies like Apple, Microsoft, Amazon, and Alphabet (Google). The index is often used as a barometer for the performance of the technology and innovation sectors within the U.S. stock market.
| Market | Perf All Time > 0% | Perf 10Y | Perf 5Y | Perf YTD | Price above 200D SMA |
|---|---|---|---|---|---|
| Nasdaq 100 | True | 420% | 160% | 22% | True |
SPX 500
The S&P 500 Index, or Standard & Poor’s 500 Index, is a widely regarded stock market index that tracks the performance of 500 of the largest publicly traded companies in the United States, spanning various industries and sectors. Established in 1957, it serves as a key indicator of the overall health and performance of the U.S. stock market and economy. The index is market-capitalization-weighted, meaning larger companies have a more significant impact on its performance. With its diverse representation, the S&P 500 includes companies like Apple, Microsoft, Amazon, and Johnson & Johnson, making it a common benchmark for investors and a popular investment vehicle through mutual funds and exchange-traded funds (ETFs).
| Market | Perf All Time > 0% | Perf 10Y | Perf 5Y | Perf YTD | Price above 200D SMA |
|---|---|---|---|---|---|
| S&P 500 | True | 181% | 86% | 17% | True |
NIFTY 50
The NIFTY 50 Index is a key benchmark index for the Indian equity market, representing the weighted average of 50 of the largest and most liquid stocks listed on the National Stock Exchange of India (NSE). Introduced in 1990 by the NSE, it encompasses various sectors of the Indian economy, providing a comprehensive overview of the market’s performance. The index is market-capitalization-weighted, ensuring that larger companies have a greater influence on its movements. By including major corporations such as Reliance Industries, Tata Consultancy Services (TCS), and HDFC Bank, the NIFTY 50 serves as a crucial barometer for investors and analysts assessing the economic health and trends of the Indian stock market.
| Market | Perf All Time > 0% | Perf 10Y | Perf 5Y | Perf YTD | Price above 200D SMA |
|---|---|---|---|---|---|
| NIFTY 50 | True | 283% | 124% | 11% | True |
About Us
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We specializes in developing custom algo trading strategies and indicators in many trading platforms as TradingView, cTrader, TradeStation or MultiCharts.
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