What is considered a low standard deviation in the cryptocurrency market?

3 answers

• Nov 30, 2021 · 3 years ago
  A low standard deviation in the cryptocurrency market typically refers to a range of values between 0 and 0.05. This indicates that the prices of the cryptocurrencies within the market are relatively stable and have minimal fluctuations. It is generally seen as a positive sign for investors as it suggests a lower level of risk and volatility.
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• Nov 30, 2021 · 3 years ago
  When it comes to standard deviation in the cryptocurrency market, a low value is usually considered to be below 0.1. This means that the price movements of the cryptocurrencies are relatively predictable and less volatile. It can be an indication of a more stable market, which may be attractive to conservative investors who prefer lower risk.
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• Nov 30, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, a low standard deviation in the cryptocurrency market is typically defined as a value below 0.2. This indicates that the market is relatively stable and the price fluctuations of the cryptocurrencies are within a narrow range. It can be seen as a positive sign for traders as it suggests a lower level of risk and potential for more predictable price movements.
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