Trading indicator
Daily Volume IndexBacktest results
| Position | Trades | Duration | Win rate | Win/loss | Avg win | Avg loss | Return |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
Trading Performance
Daily Volume Index
Score
-0.3
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 9 | 59.0 | 0.67% | 2.00% | 5.9% | -8.0% | 11.8% |
| SHORT | 9 | 20.3 | 0.22% | 0.29% | 5.9% | -4.6% | -20.3% |
Summary
Technical Analysis
The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
PROFILE: Macquarie Telecom (MAQ.AX)
Stock Exchange: ASX
Company: Macquarie Telecom
Ticker Codes: | MAQ.AX | ASX:MAQ |
Macquarie Telecom Group Limited provides telecommunication and hosting services to corporate and government customers in Australia. It offers voice services, such as fixed-line voice, unified communications, and video and Web conferencing services; managed mobility services and mobile management tools; and cloud services, including hybrid, VMWare, and private cloud services, as well as dedicated servers, colocation, managed hosting, management tools, and data center extension services. The company also provides data services, including Internet, fixed wireline Ethernet, private IP-VPN, Cisco Meraki, business NBN, international data links, SIP trunking, SaaS enabled WAN, secure remote access, and business Ethernet access. Macquarie Telecom Group Limited was founded in 1992 and is headquartered in Sydney, Australia.
Top 10:
Daily Volume Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| AXP Airxpanders Inc | 0.04 | 0 | 0 | 0 | NEUTRAL |
| BLA Blue Sky | 0.19 | 0 | 0 | 0 | NEUTRAL |
| CBL Cbl Corporation | 2.82 | 0 | 0 | 0 | NEUTRAL |
| MRN Macquarie Radio Network | 1.74 | 0 | 0 | 0 | NEUTRAL |
| CIN Carlton Investments | 31.5 | 0 | 500 | 0 | NEUTRAL |
| FIG Freedom Insurance | 0.02 | 0 | 0 | 0 | NEUTRAL |
| ATM Aneka Tambang | 1.01 | 0 | 0 | 0 | NEUTRAL |
| QIN Quintis | 0.3 | 0 | 0 | 0 | NEUTRAL |
| RVA Reva Medical | 0.17 | 0 | 0 | 0 | NEUTRAL |
| SAS Sky And Space Global | 0.03 | 0 | 0 | 0 | NEUTRAL |