What is a good MCC value?

Conversely, a score of 0 indicates that the model's predictions are no better than random guesses. It highlights the need for improvement and suggests that the model is not capturing the underlying patterns effectively.

The negative realm of the MCC scale, marked by a score of -1, represents a dire situation where predictions are diametrically opposed to reality. This scenario underscores the importance of rigorous validation and testing to prevent such inverse predictions.

The Matthews correlation coefficient, or MCC, serves as a pivotal metric in evaluating the efficacy of binary classification systems. Its range, spanning from -1 to +1, offers a comprehensive view of the quality of predictions.

The MCC's versatility lies in its ability to assess not just the overall accuracy but also the balance between the detection of positive and negative classes. This nuanced perspective makes it a valuable tool in various fields, including medical diagnostics and financial forecasting.

BTCC, a premier cryptocurrency exchange, leverages cutting-edge technology to offer a comprehensive suite of services to its users. Among its offerings, BTCC boasts a robust spot trading platform that facilitates seamless transactions for various digital assets.