Is there a specific formula to find the coefficient of variation for Bitcoin price fluctuations using Excel?

3 answers

• McCormack McElroyJan 29, 2022 · 4 years ago
  Sure, calculating the coefficient of variation for Bitcoin price fluctuations using Excel is quite straightforward. You can use the formula =STDEV(B2:B100)/AVERAGE(B2:B100) to calculate the coefficient of variation, where B2:B100 represents the range of Bitcoin price data. This formula will give you a measure of the relative variability of Bitcoin prices compared to its mean. Remember to format the cell as a percentage to get the result in percentage form. Hope this helps!
  477

  239
• Peter TeunenMar 09, 2022 · 4 years ago
  Finding the coefficient of variation for Bitcoin price fluctuations using Excel is a piece of cake! Just use the formula =STDEV(B2:B100)/AVERAGE(B2:B100) and format the cell as a percentage. This will give you the coefficient of variation, which indicates the relative variability of Bitcoin prices compared to its mean. Happy analyzing!
  337

  113
• Asmussen McKinleyNov 24, 2024 · a year ago
  Well, if you're looking to find the coefficient of variation for Bitcoin price fluctuations using Excel, you're in luck! You can simply use the formula =STDEV(B2:B100)/AVERAGE(B2:B100) to get the coefficient of variation. This will give you a measure of the relative variability of Bitcoin prices compared to its mean. Make sure to format the cell as a percentage to get the result in percentage form. Enjoy your analysis!
  422

  106