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Regreassion to the Meme
- Thread starter Joe Doaks
- Start date
Quote from Joe Doaks:
For those of you having difficulty wrapping your big head around PWAV, it is the average volume of every price traded. Misconceptually, PWAV is to volume what VWAP is to price.
Misconceptually, I'm having trouble wrapping bacon around my big head. It seems I need to string together about 4 bacon strips to reach around. But once I get there, I will stick my head in the oven and re-grease to a crispy meme.
I think people don't take this seriously because you are using the silly word "meme". The conventional and widely accepted term in statistics is "regression to the mean" (or, in the sense you are using, more like mean reversion). There's little reason for you to call it meme rather than mean.
I'm not passing judgment on your specific analysis - since you don't really offer enough details as to what those lines are - but making up new terms for accepted jargon is usually a sign of being a crank.
I'm not passing judgment on your specific analysis - since you don't really offer enough details as to what those lines are - but making up new terms for accepted jargon is usually a sign of being a crank.
Quote from Joe Doaks:
Yes. The meme is one of them.
Quote from CT10Gov:
I think people don't take this seriously because you are using the silly word "meme". The conventional and widely accepted term in statistics is "regression to the mean" (or, in the sense you are using, more like mean reversion). There's little reason for you to call it meme rather than mean.
I'm not passing judgment on your specific analysis - since you don't really offer enough details as to what those lines are - but making up new terms for accepted jargon is usually a sign of being a crank.
This guy's a live one, Doaks!
Quote from CT10Gov:
I think people don't take this seriously because you are using the silly word "meme". The conventional and widely accepted term in statistics is "regression to the mean" (or, in the sense you are using, more like mean reversion). There's little reason for you to call it meme rather than mean.
I'm not passing judgment on your specific analysis - since you don't really offer enough details as to what those lines are - but making up new terms for accepted jargon is usually a sign of being a crank.
Certainly YOU are not taking me seriously. Where did I ever say that the target of the first reversion I showed was a mean? It is in fact a meme. As to being a crank, I prefer to think of myself as merely cranky.