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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 ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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