Amivest Liquidity Ratio

Amivest Liquidity Ratio

A measure of the liquidity of a security. It is calculated by taking the dollar volume of a security for a given month and dividing by the percentage of change to the stock's price in that same month.

Amivest Liquidity Ratio

A measure of liquidity calculated as the dollar volume of trading associated with a 1% change in the price of a security.
References in periodicals archive ?
Also, the sample is split based on the Amivest liquidity ratio, used by Dubofsky and Groth |13~, and Cooper, Groth, and Avera |12~.
Since the metric is based on reported volume, the Amivest Liquidity Ratio measures liquidity for all traders in the market -- both investors and market participants.