Bitcoin analysis
Active baseline: gold · 90d window
Normalized prices
Rebased to 100 at window start
Cumulative return
Percent change from window start
Descriptive statistics
vs gold · 90 daily observations
Correlation (ρ)
0.038
Linear co-movement of daily returns with gold.
Beta (β)
0.050
Return sensitivity to gold. β = 1 moves in step; <1 less amplified; >1 more amplified.
R²
0.001
Share of Bitcoin's daily variation explained by gold (0–1).
Inferential statistics
Two-tailed tests on the selected 90d window — not a forecast.
Correlation p-value: 0.7262 — not statistically significant at 95% in this window
95% CI: [-0.172, 0.244]
Beta p-value: 0.7247 — not statistically significant at 95% in this window
95% CI: [-0.233, 0.333]
Regression F-test: F = 0.123, p = 0.7262 — model not significant at 95%
Regime independence (2×2 up/down): χ² = 1.234, p = 0.2667 — no significant regime linkage at 95%
Variance ratio F-test: F = 1.788, p = 0.0035