GVT $94k Part 5: Historical Price Movement and Modeling

THIS IS NOT A PRICE PREDICTION ARTICLE. THIS IS NOT A PRICE PREDICTION ARTICLE. Follow me on Twitter

This is MODELING article.

I hear this throw around all the time: “GVT $94k! But we all know that is literally impossible right??”

WRONG! It is possible, and I can even assign a probability to it if we model the historical price movement. Lets being by looking at historical data:

The average daily return is a gain of .94%… Less than 1% gain per day

The median daily return is a loss of -.84%… Less than a 1% loss per day

The standard deviation is 11.9%