The average intra-day move metric shows volatility from a different perspective. By displaying the average move for both crypto and traditional assets, users can observe how the returns of these have varied throughout the selected time frame.
This indicator is calculated relative to the trading times of the asset (i.e. 24/7 for crypto and market hours for traditional assets).
💡 How can I use it?
Average Intra-day Move of Crypto & Commodities
The average intra-day move indicator is useful not only to understand the volatility of the prices of the assets displayed, but also how they have performed over a period of time.
For example, over the last 30-days, one may argue that Bitcoin and Ethereum have been more volatile than gold and silver, but since they have managed to grow on average, they have been a better performing investment.