Hey Guys, Why is it , that when a Stocks Daily Volume , and a Stocks $ Turnover are both up in % terms.... one would assume the stocks price would have to rise aswell. Even when the Stocks Daily Turnover is Higher than the stocks daily Volume gain (based on comparing on a day to day basis) But it doesn't? Why is this the case?
for every buyer there is a seller ... volume means nothing ... where you got your reasoning beats me ...
I guess what im trying to ask is, When just looking at historical data, and calculating stock turnover for the week , along with total volume for the week, there doesnt seem to be a correlation between Turnover,Total Volume and Stock Price. One would think that if total volume was up 10% and stock turn over was 12% , that this would mean the stocks shareprice would rise. But i keep finding time and time again it is not the case. And i really dont understand why. I am trying to track money flow into stocks aswell as tracking volume using the Open, Close, and daily volume , i started with a slreadsheet about 10 columns wide, now its around 30 columns wide with averages % changes the works, with the aim of Trying to find correlations. Im also struggling to see any clear distinction between a negative volume/negative turnover weeks influence on shareprice, and a positive volume/positive turnovers week on shareprice. Ive been working on this for around 4 weeks now tracking 1 years data for 100 companies and its driving me crazy
Are you implying there in no way shape or form is a correlation between volume, turnover and shareprice? I havent found the correlation , but i fail to believe that there isnt one.
It's the supply and demand which moves the price........ If 1000 people want to buy, but only 100 want to sell, then the price will increase to find the other 900 sellers, in short. and Vice versa for down. The price can move huge, on next to no volume, if say price 100, buyers but no sellers and the buyer is willing to pay 120 then it'll jump straight there, this is what happens around news times.
Volume of all transactions during the period? Turnover of all transactions during the period? Last traded price at the end of the period?