Our Implementation of the famous Buffett Indicator a long-term valuation indicator for stocks.
Calculation: Wilshire 5000 Index divided by US GDP (Gross Domestic Product)
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...