Hello steemit world!
Daily fluctuations in prices can be quite significant: some days there is a positive increase, while others - a fall. For example, on March 19, 2023, the price of the asset was 0.21703, which is 1.22% more than the previous day. However, on March 18, 2023, the price fell by 1.06%.
As for the average price fluctuation, it can be calculated by taking the sum of the absolute value of the daily percentage changes and dividing it by the number of days. For example, using the provided data, we can calculate the average price fluctuation as follows:
((1.22 + 1.06 + 5.82 + 3.06 + 4.96 + 3.80 + 6.37 + 6.49 + 0.74 + 0.58 + 7.04 + 6.95 + 3.33 + 1.90 + 0.54 + 0.25 + 7.31 + 3.89 + 1.82 + 1.72 + 3.02 + 1.292 0.14 + 1.08 + 2.97 + 3 .87 + 1.05) / 29) = 3.15%
Therefore, on average, the daily price of this asset fluctuated by about 3.15%. However, it is important to note that this is an average and individual daily fluctuations can be much higher or lower than this value.
From this we can conclude that the price will continue its ascent. Because the mean is positive.
Be carefull. Assess risks correctly.
Sincerely, your Steemit Bank.
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