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Author Topic: EDIT : WTF! 140 on CampBX  (Read 695 times)
the founder
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April 03, 2013, 12:00:05 AM
 #1

{"Last Trade":"140.55","Best Bid":"112.85","Best Ask":"140.55"}

140 on CampBX ...  wtf?  

Way to screw up weighted averages there campbx



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April 03, 2013, 12:10:47 AM
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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)
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April 03, 2013, 09:29:19 PM
 #3

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.


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