Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Please answer the following quesitons based on the market diary about volume, advancers, and decliners listed below. You may use the formula for Trin ratio:

Please answer the following quesitons based on the market diary about volume, advancers, and decliners listed below. You may use the formula for Trin ratio: Trin ratio=(Volume Declining/Number declining)/(Volume Advancing/Number Advancing)

Day 1 2 3 4
Advances 1023 1245 2460 2509
Declines 2334 2004 1178 980
Volume Advancing(m) 214349 225066 666012 679332
Volume Declining(m) 616678 555010 198058 172311
Yield on Top Rated bond 6.80% 6.70% 6.70% 6.60%
Yield on Intermediate-grade bond 7.40% 7.40% 7.50% 7.60%

What is the trin ratio for day 1?(sample answer: 1.35)

What is the trin ratio for day 4? (sample answer: 1.35)

Does the change in the trin ratio from day 1 to day 4 show a bullish or bearish trend? (sample answer: bullish or bearish)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the TRIN ratio also known as the Arms Index and analyze the trend between Day 1 and Day ... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students explore these related Finance questions