streakiness
Streakiness refers to the tendency of events to occur in clusters, forming streaks of consecutive successes or failures, rather than being evenly dispersed. It is observed in sports performances, financial returns, and other time series where observations show runs longer than expected under a simple random process.
In probability terms, a streak is a run of identical outcomes in a sequence of trials. For
Statistical methods such as the runs test or autocorrelation analysis are used to detect streakiness or clustering
In practice, streakiness is discussed in sports when teams or players alternate between extended periods of
See also: runs, serial correlation, burstiness, clustering, persistence.