Volatility
Range Consistency Score Calculator
Paste each recent day's high and low (one day per line, as high,low) to get the coefficient of variation of the daily ranges. It measures how steady your ranges are, not only what the average is, so you know whether the average range is a planning number you can trust or a smoothed-over mix of wildly different days.
Use at least 10-20 days for a meaningful consistency score.
Days used
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Mean range
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Standard deviation of ranges
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Coefficient of variation (consistency score)
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Read
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Educational tool only, not financial advice. A lower coefficient of variation means ranges cluster tightly around the average; a higher one means the average is being pulled around by a mix of quiet and wild days. Check it against your own plan and risk rules before you trade it.
Built by Jason Parker, founder of Trading Ranges.