nice. But this is like assuming constant vol across vertical skews. Instead, let’s assume the stairs aren’t straight. What if we are dealing with spiral stairs? Or maybe a stairs with a central landing then continue? Or even an L-shaped stairs? Theories are tricky trickyyyyyy.
Okay smartass, what market environment do spiral stairs represent? Or L-shaped stairs? Riddle me that, will ya?
Hi,you are getting some misinformation here,and my best advice would be to calculate momentum and SD on your own.Use varying examples, I.e, a stock making wild swings but having the start and end prices equal.Take another example of a stock making a 10 percent move up every day..Compare SD and Momo.Use 10 days of data,calculate 3- 5 day Momo.Its basic math,ignore logs,stick with price.. Do the work,keep it simple,you will get a much better understanding...