While I was examining another question, I happened to notice a
large difference between the variances of the daily high and
daily low series. The day to day variance of the daily high
series is much greater than the day to day variance of the
daily low series.
Why are daily lows steadier that daily highs? I am sure
someone has seen this before, it is way too obvious to overlook.
Does anyone have any references?
--
"One who joyfully guards his mind
And fears his own confusion
Can not fall.
He has found his way to peace."
-- Buddha, in the "Pali Dhammapada,"
~5th century BCE
-.-. --.- Roger Coppock )
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