Bipower

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    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.

    "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."

Example

More examples

"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."

Etymology

From bi- + power.

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.