Percentile Stats
Last updated
Last updated
Percentile Stats measures the value below which a certain percentage of a dataset falls. The 50th percentile, median, would be the price below which 50% of the prices in the dataset fall.
Percentile statistics are useful for understanding the distribution of values within a crypto to identifying patterns and trends. If the 75th percentile of a crypto prices is significantly higher than the 50th percentile, it may indicate that a large portion of the prices are relatively high.
This is useful for comparing the performance of different crypto's. For example, if the median price of one crypto is significantly higher than the median of another crypto, it may indicate that the first has performed better over a period of time.
Use Cases: