This Is Pretty Good Because It Gives Us Quite Closely

30 Oct 2025 · 0 min

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0:28

This is a short excerpt from a YouTube video by Kosta Ouzas where the speaker cautions that the discussed method is one of many tools, not the "ultimate tool," and highlights the utility of a normalization that maps deviations to a single number between 0 and 1 (with larger deviations nearer 1 and shown via color-coding).

Anybody that claims how this is the ultimate tool doesn't know what they are talking about. It's just one of the many tools to look at the coin. The usefulness is that you have this normalization from 0 to 1. And that is nice, right? Because now you can describe all the deviations as one single number. Basically a number between 0 and 1 where the largest deviations are closer to 1 and they color coded here.