What GPS modes usually mean on a fitness watch
Most watches offer a standard or best accuracy mode, plus one or more battery saver modes. Standard mode typically samples satellite data frequently and uses more processing to smooth the track. Battery modes usually sample less often, simplify the track, or rely more on the watch's accelerometer (a motion sensor) between satellite checks. Some watches also offer a phone assisted mode that uses your phone's GPS to save watch battery. The practical effect shows up in two places: instant pace and total distance. Instant pace is the most sensitive because it is calculated from short time windows. When the watch checks satellites less often, pace can lag or spike, especially when you change speed. Total distance can drift if the watch cuts corners on turns or loses signal under trees or between buildings. Battery modes can still be great, but they are easiest to trust on steady efforts and open terrain.
