Chainlink statistical analysis — returns, volatility, correlations, and regime metrics compared to Bitcoin and gold on CryptoDash. Chainlink Analysis - CryptoDash
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Chainlink analysis

Active baseline: gold · 90d window

Comparison hierarchy

Macro layer (hard assets) and crypto layer (market beta) for Chainlink.

Macro vs gold

ρ 0.098

β 0.187

R² 0.010

View vs gold
Crypto vs bitcoin

ρ 0.855

β 1.223

R² 0.730

View vs bitcoin

Normalized prices

Rebased to 100 at window start

Cumulative return

Percent change from window start

Descriptive statistics

vs gold · 90 daily observations

Correlation (ρ)

0.098

Linear co-movement of daily returns with gold.

Beta (β)

0.187

Return sensitivity to gold. β = 1 moves in step; <1 less amplified; >1 more amplified.

R²

0.010

Share of Chainlink's daily variation explained by gold (0–1).

Inferential statistics

Two-tailed tests on the selected 90d window — not a forecast.

Correlation p-value: 0.3610 — not statistically significant at 95% in this window

95% CI: [-0.112, 0.300]

Beta p-value: 0.3583 — not statistically significant at 95% in this window

95% CI: [-0.216, 0.591]

Regression F-test: F = 0.843, p = 0.3610 — model not significant at 95%

Regime independence (2×2 up/down): χ² = 2.420, p = 0.1198 — no significant regime linkage at 95%

Variance ratio F-test: F = 3.660, p = 0.0000

Disclaimer: All statistics describe the selected historical window only. They quantify patterns in past daily returns and do not predict future prices, events, or trading outcomes. This is not financial advice.