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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
We also study liquidity and find that liquidity measures, such as turnover ratio, the proportion of days with zero returns, and the Amivest liquidity ratio (a measure of the price impact of a trade), all point to a positive impact on liquidity following a reverse stock split by biotech firms.
The Amivest liquidity ratio is a measure of price impact which can be interpreted as the dollar volume of trading associated with a 1-percent change in the price of a security:
In accordance with [H.sub.2], we find that the share turnover ratio and the Amivest liquidity ratio are higher and Zeros is lower after the RSS by the mean and median.
Also, the sample is split based on the Amivest liquidity ratio, used by Dubofsky and Groth |13~, and Cooper, Groth, and Avera |12~.