bipower

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English

Etymology

From bi- +‎ power.

Noun

bipower (plural bipowers)

  1. (statistics) An alternative to variance; a measure of variability based on summing the product of adjacent data points rather than summing the squares of data points.
    • 2016, Daisuke Kurisu, “Power variations and testing for co-jumps: the small noise approach”, in arXiv:
      In this paper we study the effects of noise on the bipower variation (BPV), realized volatility (RV) and testing for co-jumps in high-frequency data under the small noise framework.