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Are there any specific cryptocurrencies that are more sensitive to the mean absolute deviation based on a 2-day moving average?

avatarAkshay A SNov 29, 2021 · 3 years ago3 answers

Can you provide a list of specific cryptocurrencies that exhibit higher sensitivity to the mean absolute deviation when calculated based on a 2-day moving average? I'm interested in understanding which cryptocurrencies are more likely to experience larger deviations from the average price over a 2-day period.

Are there any specific cryptocurrencies that are more sensitive to the mean absolute deviation based on a 2-day moving average?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Certainly! When it comes to cryptocurrencies, there are a few that tend to be more sensitive to mean absolute deviation based on a 2-day moving average. Bitcoin, Ethereum, and Ripple are among the most notable ones. These cryptocurrencies have larger market capitalizations and higher trading volumes, which can contribute to increased sensitivity to price fluctuations. However, it's important to note that sensitivity to mean absolute deviation can vary over time and is influenced by various factors such as market conditions and investor sentiment.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! Some specific cryptocurrencies that are known to be more sensitive to mean absolute deviation based on a 2-day moving average include Litecoin, Cardano, and Polkadot. These cryptocurrencies have shown higher volatility in the past, which can result in larger deviations from the average price over a 2-day period. However, it's important to keep in mind that cryptocurrency markets are highly dynamic and subject to various factors, so sensitivity to mean absolute deviation can change over time.
  • avatarNov 29, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that there are certain cryptocurrencies that exhibit higher sensitivity to mean absolute deviation when calculated based on a 2-day moving average. Some examples include Bitcoin Cash, Chainlink, and Stellar. These cryptocurrencies have demonstrated a tendency to experience larger deviations from the average price over a 2-day period. However, it's worth noting that sensitivity to mean absolute deviation can be influenced by market conditions, trading volumes, and other factors. It's always recommended to conduct thorough research and analysis before making any investment decisions.