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