Buffett Indicator [Bitcoin Machine]

This is the Warren Buffett Indicator, the total market cap relative to the US gross domestic product (GDP). It is also called "Market Cap to GDP Indicator". For the market cap typically the Wilshire 5000 total market cap is used, which is representing the value of all stocks traded in the United States. Tradingview just provides the Wilshire W4500 . We can calculate the W5000 by adding the S&P500 to the W4500 .

Market Cap to GDP is a long-term valuation indicator and as pointed by Warren Buffett, the indicator is “probably the best single measure of where valuations stand at any given moment.” It used as a broad way of assessing whether the country’s stock market is overvalued or undervalued, compared to a historical average.

Remark: The Wilshire W4500 and the S&P500 are indices and denoted in "index points" (not USD). The Original Buffett Indicator is using market cap in US-Dollar . So the right scale of the indicator is different to the original one.
Remove from Favorite Scripts Add to Favorite Scripts


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out