meaning of volume

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ketanco
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Joined: Wed Jul 24, 2013 7:09 pm

meaning of volume

Post by ketanco » Fri Jul 11, 2014 10:19 am

ok of course i read what volume means but number of shares traded how does it compare against other stock, the prices are different in the first place. so it is not apples to apples. for example stock A is $50 and B is $80. so A's volume is higher but it is because it is cheaper too.

many big financial websites display this volume info.. i just can not understand the significance of it in terms of comparing to otehr stocks. for example on dow 30 list, they give volumes but all prices are different. how can i use that info?

sscritic
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Re: meaning of volume

Post by sscritic » Fri Jul 11, 2014 10:38 am

Some places report dollar volume. If not, I know how to multiply.

If you like hemp, there is a website just for you. (GWPH was yesterday's dollar volume leader.)
http://www.thedailydab.com

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mhc
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Re: meaning of volume

Post by mhc » Fri Jul 11, 2014 11:11 am

In general, the volume of individual stocks means nothing to a boglehead style investor.

If you trade ETF's, volume can matter.

Topic Author
ketanco
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Re: meaning of volume

Post by ketanco » Thu Jul 17, 2014 6:53 am

and what is a boogle style investor? :happy

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mhc
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Re: meaning of volume

Post by mhc » Thu Jul 17, 2014 9:55 am

ketanco wrote:and what is a boogle style investor? :happy
Take a look at the wiki:
http://www.bogleheads.org/wiki/Boglehea ... philosophy

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dratkinson
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Re: meaning of volume

Post by dratkinson » Thu Jul 17, 2014 2:21 pm

Volume is a technical analysis metric (one of 93?, as reported by Swedroe). A stock is assumed to have an average trading volume (during average times), so significant deviations indicate something has changed about the stock's desirability.

http://www.investopedia.com/terms/v/volume.asp

TA has been discredited and is not followed by BHs, but it helps to sell advertising for the sources you are getting if from.

More at 11:00.
d.r.a., not dr.a. | I'm a novice investor, you are forewarned.

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