hey sorry about that, most people get bored or confused when i start getting too mathy and prefer just the tldr, in this case - low parkinson scores = high likelihood of increased volatility (as we've seen this week) and high parkinson scores = high likelihood of volatility dampening
you can find the full mathematical details on how parkinson vol. is measured here:
Thanks JJ, great analogy! Given the macro backdrop driven by the Fed raising rates further and the USD’s rise (suppressing asset prices), I wonder if further downside in crypto is inevitable. I hope I’m wrong… but the Fed is the puppeteer.
Would have loved to have you digging deeper in the math/timeframe over which you computed the Parkinson index
hey sorry about that, most people get bored or confused when i start getting too mathy and prefer just the tldr, in this case - low parkinson scores = high likelihood of increased volatility (as we've seen this week) and high parkinson scores = high likelihood of volatility dampening
you can find the full mathematical details on how parkinson vol. is measured here:
https://breakingdownfinance.com/finance-topics/risk-management/parkinson-volatility/
Thanks JJ, great analogy! Given the macro backdrop driven by the Fed raising rates further and the USD’s rise (suppressing asset prices), I wonder if further downside in crypto is inevitable. I hope I’m wrong… but the Fed is the puppeteer.