In: Finance
Construct the Arms ratio on each of the five trading days. (Do not round intermediate calculations. Round your answers to 3 decimal places.)
| Stocks Advancing  | 
Advancing Volume  | 
Stocks Declining  | 
Declining Volume  | 
|
| Monday | 1,636 | 707,343 | 1,526 | 553,193 | 
| Tuesday | 2,088 | 503,360 | 1,488 | 452,233 | 
| Wednesday | 1,642 | 625,494 | 1,534 | 721,343 | 
| Thursday | 2,456 | 1,118,434 | 554 | 174,754 | 
| Friday | 1,736 | 512,938 | 1,476 | 496,460 | 
| 
 Arms Ratio: Monday Tuesday Wednesday Thursday Friday  | 
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Answer:
| Stocks | Advancing | Stocks | Declining | |
| Advancing | Volume | Declining | Volume | |
| Monday | 1,636 | 707,343 | 1,526 | 553,193 | 
| Tuesday | 2,088 | 503,360 | 1,488 | 452,233 | 
| Wednesday | 1,642 | 625,494 | 1,534 | 721,343 | 
| Thursday | 2,456 | 1,118,434 | 554 | 174,754 | 
| Friday | 1,736 | 512,938 | 1,476 | 496,460 | 
| Arms ratio | ||||
| Monday | 0.838 | |||
| Tuesday | 1.261 | |||
| Wednesday | 1.234 | |||
| Thursday | 0.693 | |||
| Friday | 1.138 | |||
Arms Index= (advances / declines) / (up volume / down volume)
Advances: number of stocks in the index that closed up on the day
Declines: number of stocks in the index that closed down on the day
Up Volume: total volume of advancing stocks
Down Volume: total volume of declining stocks