> For the complete documentation index, see [llms.txt](https://userguide.cryptoquant.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://userguide.cryptoquant.com/cryptoquant-metrics/network.md).

# Network Indicators

- [NVT Ratio](https://userguide.cryptoquant.com/cryptoquant-metrics/network/nvt-ratio.md): Defined as the ratio of market capitalization divided by transacted volume in the specified window.
- [NVT Golden Cross](https://userguide.cryptoquant.com/cryptoquant-metrics/network/nvt-golden-cross.md): NVT Golden Cross (NVT\_GC) is a Bollinger-band-like signaling indicator based on NVT, defined as the following equation
- [Puell Multiple](https://userguide.cryptoquant.com/cryptoquant-metrics/network/puell-multiple.md): Puell Multiple is defined as the ratio of the daily value of the issued coin in USD divided by 365 days moving average of the daily value of issued coins in USD.
- [Stock to Flow Ratio](https://userguide.cryptoquant.com/cryptoquant-metrics/network/stock-to-flow-ratio.md): Stock to Flow Ratio is defined as a ratio of currently circulating coins divided by newly supplied coins.
- [Stock to Flow Reversion](https://userguide.cryptoquant.com/cryptoquant-metrics/network/stock-to-flow-reversion.md): Stock to Flow (SF) Reversion is defined as a ratio of the price of BTC divided by SF ratio.
- [NVM Ratio](https://userguide.cryptoquant.com/cryptoquant-metrics/network/nvm-ratio.md): Network Value to Metcalfe Ratio (NVM Ratio) is defined as the ratio of the log of market capitalization divided by the log of the square of daily active addresses in the specified window.


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