Metrics framework
WEETHAave V3 · Ethereum
Every row states its formula, its inputs, its source and when it was retrieved. Where there is no figure there is a reason, not a dash.
24 of 109 metrics carry a value. The rest state what they are missing. That is not a gap in the presentation: this application's data is a yield and capital series — no price, no order book, no holder distribution and no contract data.
Model value
No model value arises for this market. There is no reference value, no net asset value, no bond terms and no documented mechanism through which economic value reaches holders. A figure from estimated inputs would be a valuation the evidence does not support.
INSUFFICIENT_DATA · Inputs incomplete
Method: NONE · Model status: INSUFFICIENT_DATA · TV-1.0
Valuation inputs
The inputs a model value would come from. If one is missing, no value arises.
Market price — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no price series retrieved
- Definition
- Three outputs of the same model under three explicitly stated input sets.
- Formula
- bear / base / bull, each the output of the same model under its own explicit scenario inputs
- Inputs
- scenarios
- Reading
- A model estimate, never an objectively established value. The range shows the span of the *inputs*, not the span of possible prices.
- Limit
- Without calibrated probabilities no scenario is likelier than another, and the middle is not an expected value.
- Method
- In-house definition, formed from this application's inputs. · fairValueRange · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- This application retrieves no price series; what is available is the market data provider's yield and capital series.
Reference value of the underlying — Show the explanationINSUFFICIENT_DATA · Inputs incomplete
Reason: missing: referenceValue, nav, bondTerms, valueCaptureMechanism
- Definition
- Three outputs of the same model under three explicitly stated input sets.
- Formula
- bear / base / bull, each the output of the same model under its own explicit scenario inputs
- Inputs
- scenarios
- Reading
- A model estimate, never an objectively established value. The range shows the span of the *inputs*, not the span of possible prices.
- Limit
- Without calibrated probabilities no scenario is likelier than another, and the middle is not an expected value.
- Method
- In-house definition, formed from this application's inputs. · fairValueRange · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No reference value, no net asset value, no bond terms and no documented mechanism through which economic value reaches holders.
Model value — Show the explanationINSUFFICIENT_DATA · Inputs incomplete
Reason: missing: referenceValue, nav, bondTerms, valueCaptureMechanism
- Definition
- Three outputs of the same model under three explicitly stated input sets.
- Formula
- bear / base / bull, each the output of the same model under its own explicit scenario inputs
- Inputs
- scenarios
- Reading
- A model estimate, never an objectively established value. The range shows the span of the *inputs*, not the span of possible prices.
- Limit
- Without calibrated probabilities no scenario is likelier than another, and the middle is not an expected value.
- Method
- In-house definition, formed from this application's inputs. · fairValueRange · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No reference value, no net asset value, no bond terms and no documented mechanism through which economic value reaches holders.
Premium or discount — Show the explanationINSUFFICIENT_DATA · Inputs incomplete
Reason: missing: referenceValue, nav, bondTerms, valueCaptureMechanism
- Definition
- The token price's relative distance from the reference value of the underlying asset.
- Formula
- (tokenPrice - referenceValue) / referenceValue
- Inputs
- tokenPrice, referenceValue
- Reading
- Positive means the token trades above the reference value, negative below. The figure says nothing about why.
- Limit
- Only as sound as the reference value itself: a once-a-day NAV and a live price do not refer to the same moment.
- Method
- In-house definition, formed from this application's inputs. · premiumDiscount · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No reference value, no net asset value, no bond terms and no documented mechanism through which economic value reaches holders.
Relationship to the underlying
Requires a price series for the token and a value series for the underlying, time-aligned. Both are missing here.
Variability of the deviation — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no price series and no reference value
- Definition
- The variability of the difference between token return and reference return over synchronized observations.
- Formula
- stdDev(tokenReturn_t - referenceReturn_t), sample standard deviation
- Inputs
- tokenReturns, referenceReturns
- Reading
- Lower values mean the deviation was more stable over the window. Not that it was smaller.
- Limit
- Requires enough time-aligned observation pairs. Mismatched timestamps produce a number that only looks like one.
- Method
- Standard portfolio-theory definition (standard deviation of the return difference). · trackingError · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- This application retrieves no price series; what is available is the market data provider's yield and capital series.
Sensitivity to the underlying — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no price series and no reference value
- Definition
- The sensitivity of the token's return to the reference asset's return.
- Formula
- cov(tokenReturns, referenceReturns) / var(referenceReturns)
- Inputs
- tokenReturns, referenceReturns
- Reading
- 1 means equal amplitude over the measured window. It describes the past; it is not an extrapolation.
- Limit
- If the reference's variance vanishes (a constant reference value), beta is undefined — no value is shown then.
- Method
- Standard definition (covariance over variance). · beta · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- This application retrieves no price series; what is available is the market data provider's yield and capital series.
Correlation with the underlying — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no price series and no reference value
- Definition
- The Pearson correlation coefficient of two return series.
- Formula
- cov(a, b) / (stdDev(a) * stdDev(b))
- Inputs
- tokenReturns, referenceReturns
- Reading
- Between -1 and 1. Co-movement is not causation.
- Limit
- Sensitive to outliers and to the choice of window.
- Method
- Pearson. · correlation · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- This application retrieves no price series; what is available is the market data provider's yield and capital series.
Gap to the promised redemption period — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no redemption data
- Definition
- The token price's relative distance from the reference value of the underlying asset.
- Formula
- (tokenPrice - referenceValue) / referenceValue
- Inputs
- tokenPrice, referenceValue
- Reading
- Positive means the token trades above the reference value, negative below. The figure says nothing about why.
- Limit
- Only as sound as the reference value itself: a once-a-day NAV and a live price do not refer to the same moment.
- Method
- In-house definition, formed from this application's inputs. · premiumDiscount · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No redemption data in this application's data sources.
Scenarios
Every scenario needs explicitly stated inputs. Probabilities are not invented: without empirical calibration none is shown.
ProbabilitiesSCENARIO_PROBABILITIES_NOT_CALIBRATED
SimulationINSUFFICIENT_DATA · Inputs incomplete
Economic participation
Holding a token establishes no economic claim. Without a documented mechanism — distribution, buyback, burn, staking revenue — there is nothing to value here.
Participation mechanismINSUFFICIENT_EVIDENCE · No evidence
Protocol revenue — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no protocol revenue and no distribution mechanism in the sources
- Definition
- The share of the protocol's economic value that reaches tokenholders.
- Formula
- tokenholderEconomicValue / protocolEconomicValue
- Inputs
- tokenholderEconomicValue, protocolEconomicValue
- Reading
- 0 means the documented mechanisms pass nothing to tokenholders.
- Limit
- Requires a documented mechanism — distribution, buyback, burn, staking revenue. Holding a governance token establishes no economic claim, and this framework derives none from it.
- Method
- In-house definition, formed from this application's inputs. · economicCaptureRatio · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No protocol revenue in this application's data sources.
- No documented mechanism. Holding a token establishes no economic claim.
Share reaching holders — Show the explanationDATA_NOT_AVAILABLE · Field not available
Reason: no protocol revenue and no distribution mechanism in the sources
- Definition
- The share of the protocol's economic value that reaches tokenholders.
- Formula
- tokenholderEconomicValue / protocolEconomicValue
- Inputs
- tokenholderEconomicValue, protocolEconomicValue
- Reading
- 0 means the documented mechanisms pass nothing to tokenholders.
- Limit
- Requires a documented mechanism — distribution, buyback, burn, staking revenue. Holding a governance token establishes no economic claim, and this framework derives none from it.
- Method
- In-house definition, formed from this application's inputs. · economicCaptureRatio · TV-1.0 · EXPERIMENTAL
- Source: SKN3X.COM (berechnet / computed) (DERIVED) · retrieved Oct 5, 2026, 3:45 PM UTC
- No protocol revenue in this application's data sources.
- No documented mechanism. Holding a token establishes no economic claim.
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Data as of: Oct 5, 2026, 3:45 PM UTC