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Beginner investors always feel confused about stock terms. In this article, we will introduce the basic knowledge of the turnover, volume, turnover ratio and etc...
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1.Turnover
Meaning: the total value of stocks traded during the day.
2.Volume
Meaning: the number of shares that changed hands during the day.
3.Turnover Ratio
Formula: Turnover Ratio = (number of shares traded / number of shares outstanding at the time) × 100%
Meaning: the frequency of stocks changing hands in the market within a certain period of time, and is one of the indicators that reflect the strength of stock liquidity.
4. Amplitude
Formula: Amplitude = (the price of the highest point of the day the price of the lowest point of the day) / the closing price yesterday × 100%
Meaning: the absolute value of the difference between the highest and lowest price of the day after the opening of the stock and the percentage of the previous day's closing price, which shows the activity of the stock.
5. Volume Ratio
Formula: Volume Ratio = (Current total lots traded / Current cumulative opening time (minutes)) / Average volume per minute over the past 5 days.
Meaning: the ratio of the average volume per minute since the market opened to the average volume per minute over the past 5 trading days. Volume ratio is a measure of relative volume.
Editor: Bayo