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Title: EDIT : WTF! 140 on CampBX Post by: the founder on April 03, 2013, 12:00:05 AM {"Last Trade":"140.55","Best Bid":"112.85","Best Ask":"140.55"}
140 on CampBX ... wtf? Way to screw up weighted averages there campbx Title: Re: EDIT : WTF! 140 on CampBX Post by: bb113 on April 03, 2013, 12:10:47 AM Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well: VWAP (Low,High)= 120 (110,140)
Title: Re: EDIT : WTF! 140 on CampBX Post by: the founder on April 03, 2013, 09:29:19 PM Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well: VWAP (Low,High)= 120 (110,140) It's a weighted average.. I factor in volume. |