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Is there a number-indicator that reflects the "volatility" of an equity?
I'm hoping there is such an number-indicator that, for instance, a number of
"10" would indicate the equity has a lot of up-and-down trends whereas as
number of "1" would indicate the equity's prices trend in a confined
horizontal channel.
If the equity has a number of "10", is there another indicator number that
would indicate HOW MUCH of a "10" there is?
For instance, consider Equity A whose price moves between 25 and 27. This
would be a "1".
Equity B's price moves between 10 and 35. This would be a "10" with a
"delta" of 25.
Equity C's price moves between 5 and 45. This would be a "10" with a
"delta" of 40.
For trading, C would be better than B. A would be good for "buy and hold".
Any answers of suggestions?
HAPPY NEW YEAR TO ALL!
Gerald Marisch
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