SignalIndices

Methodology · Index construction

How an index is built.

The components that turn a documented methodology into a calculated index level.

01 — Eligible assets

What can be held.

Each index defines its eligible assets in advance. The flagship indices hold a single digital asset and cash.

Signal Bitcoin Active
Bitcoin (BTC), Cash
Signal Ethereum Active
Ethereum (ETH), Cash
Eligibility criteria
To be published
Cash component definition
To be published

02 — Target exposure

Weights within limits.

0%50%100%
Signal Bitcoin Active20%–100% BTC
Min. 20%Target range
Signal Ethereum Active20%–100% ETH
Min. 20%Target range
Range of permitted target weights. The remainder is held in cash. Not a representation of any current or historical allocation.

03 — Weight calculation

From target to weight.

  1. 01Target weightThe methodology sets a target weight for the asset within its permitted range.
  2. 02Cash weightThe remainder of the portfolio, so that the weights always add up to 100%.
  3. 03Weight driftBetween rebalances, weights move with prices. Rebalancing resets them to target.

04 — Index-level calculation

A consistent formula.

The index level is calculated from the weighted returns of its components, using the same policy every time. Formula details will appear in the methodology document.

Calculation formula
To be published
Calculation frequency
To be published
Pricing source
To be published
Base date and base value
To be published
Currency
To be published

05 — Signal framework

Observations into weights.

A defined methodology evaluates market observations and maps the result to a target weight. The flagship methodologies are proprietary: we publish how the framework is structured, not the signal logic. Bitcoin and Ethereum each have their own methodology specification.

  1. 01

    Market inputs

    Defined market data

  2. 02

    Signal methodology

    Documented rules

  3. 03

    Target weights

    Within exposure limits

  4. 04

    Index calculation

    Consistent policy

  5. 05

    Published index level

    Disseminated value

Conceptual process diagram. Specific inputs and signal logic are defined in each index’s methodology document.
Signal inputs
To be published
Signal evaluation frequency
To be published
Signal logic
Proprietary — not disclosed
Next: Rebalancing & risk