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Covid-19 CFR, Difference Indicator [Bitduke]

Simple indicator to track case fatality rate and difference in deaths | recovered cases for novel coronavirus. It could help to trace the impact on the stock market and cryptocurrencies.
[Red line] Case fatality rate (CFR) - an indicator equal to the ratio of the number of deaths from a disease to the number of patients with this disease for a certain period of time. That is, if CFR = 30% it means one died, two cured out of 3 infected.
[Green line] The percentage change between recovered cases
[Black line] The percentage change between deaths
Assumption
It can be assumed that if we consider bitcoin as a store of value, then when the situation getting worse (CFR + deaths difference increase and recovery difference decreases) bitcoin price tends to rise and vice versa.
But this is only an assumption that requires additional tests; there is still little data for a robust statistical analysis.
[Red line] Case fatality rate (CFR) - an indicator equal to the ratio of the number of deaths from a disease to the number of patients with this disease for a certain period of time. That is, if CFR = 30% it means one died, two cured out of 3 infected.
[Green line] The percentage change between recovered cases
[Black line] The percentage change between deaths
Assumption
It can be assumed that if we consider bitcoin as a store of value, then when the situation getting worse (CFR + deaths difference increase and recovery difference decreases) bitcoin price tends to rise and vice versa.
But this is only an assumption that requires additional tests; there is still little data for a robust statistical analysis.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。