InvestorsHub Logo
Followers 4
Posts 695
Boards Moderated 0
Alias Born 11/04/2007

Re: CastorTroy post# 224

Friday, 05/15/2009 2:19:26 PM

Friday, May 15, 2009 2:19:26 PM

Post# of 795
The volume to average volume comparison becomes more accurate as the day goes on. The TAAV calc evens that out by time-adjusting the ratio. For example, if the stock normally trades 200,000 shares in 30 mins and it's traded 400,000 shares by 10 AM, that's difficult to perceive using the naked eye or by comparing volume to average volume, but the TAAV value would show up as a 2 - or double the normal volume for the timeframe.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.