def METHOD_NAME(
    std: float, years_of_data: float, avg_correlation: float
):
    omega_one_asset = std / (years_of_data) ** 0.5
    omega_variance_difference = 2 * (omega_one_asset**2) * (1 - avg_correlation)
    omega_difference = omega_variance_difference**0.5
    return omega_difference