The ratio's are the average
20 day volume compared to the last reported daily volume.
The volume average used in
these ratio's are calculated using simple moving averages.
The last point in the simple moving average is then stored
as the average volume over (5,20,50,100) days. The current
close is then used for comparing against this average.
If a trader is looking for
stocks that are trading 50% higher than their (5,20,50,100)
daily volume average. The ratio would 1.5. For stocks
over 100% of their averages, use the ratio 2.
Example ratio's:
| Growth |
Ratio |
| ( - 50 % ) |
0.5 |
| 0 % |
1 |
| 50 % |
1.5 |
Ratio's use approximations
as well ( 99.5% accuracy range), so if you were looking
for stocks with a ratio of 1, you will be returned all
stocks with closes in 99.5 % of their average.
NOTE: The ratio's use the average
20 day price, NOT the price 20 days ago.
Click
for more information on volume
