Definition
Profit and Loss (UTxO) evaluates the number of UTxOs being in profit or loss by comparing the price between created and destroyed. When the price at destroyed time is higher than created, this transaction is in profit.Interpretation
Assuming that UTxO’s movement is the result of trading transaction, Profit and Loss (UTxO) is the basic data that shows how many UTxOs are in loss.By Examining Absolute Numbers
If you want to look for how many UTxOs are in profit/Loss- Numbers of UTxOs that are in Profit: Profit amount Profit amount naturally shows a correlation to the price
- Numbers of UTxOs that are in Loss: Loss Amount Loss amount naturally shows an inverse correlation to the price
By Examining Ratio
If you want to look for ratio of UTxOs are in profit/Loss comparative to all UTxOs- Ratio of UTxOs that are in Profit: Profit percent Profit percent naturally shows a correlation to the price
- Ratio of UTxOs that are in Loss: Loss percent Loss percent naturally shows an inverse correlation to the price