I was wondering if anyone knew the best way to calculate volatility for the following scenario. Suppose we are taking a snap shot of the top 3 best teams in a league of 30 teams every week for 20 weeks. For example Week 1: 1. Team A 2. Team B 3. Team C Week 2: 1. Team D 2. Team A 3. Team E Week 3: 1. Team B 2. Team D 3. Team F ... Week 10: 1. Team F 2. Team C 3. Team G We only know the top 3 teams and cannot infer anything about the rest of the standings. What would be some methods to calculate volatility of the top 3? Potentially to offer future predictions.