Share Turnover

Share Turnover

A measure of the liquidity of a security calculated by taking the average trading volume for a given period and dividing by the average shares outstanding for the same period. The higher the share turnover ratio is, the more liquid the security is because it indicates that the security can be bought and sold easily.
References in periodicals archive ?
93 with the share turnover amounting to 146,769,342, done in 4,203 deals.
During the week, the average share turnover was 484 million better than last week and market capitalization too climbed to Rs8,469 trillion.
3 million, share turnover some 82 million, done in 2,414 transactions.
Instead, they document a significant negative association between expected returns and the variability of trading volume and share turnover, which they use as proxies for liquidity.
Hong Kong's exchange should become more liquid, while brokerages, among others, should profit from the greater share turnover.
Speaking at the annual conference of the AFE, which kicked off yesterday, Dr Khalaf asserted, "With the exception of Saudi Arabia, where share turnover stands at 138 per cent and which holds 84 per cent of the shares traded in the region, the turnover of the Arab stock exchanges is low.
He said MSCI has no problem with share turnover, liquidity and share ownership issues.
7 %, said Jalilati, noting that the actual free shares did not exceed 10 % of the total exported shares, which negatively affected the share turnover, among other reasons.
5 million reflecting the low cost interest environment, the dearth of capital and debt raising opportunities and a reduced share turnover in the GCC's equity markets.
14 million ($3 million), down 31 per cent, reflecting the low cost interest environment, the dearth of capital and debt raising opportunities and a reduced share turnover in the GCC's equity markets.
They find that the relative bid-ask spread decreases and share turnover increases for firms voluntarily adopting either US GAAP or IAS, compared to firms adopting German GAAP.
10) To control for the order processing and inventory components of bid-ask spreads, we include in our multivariate analyses a measure of liquidity, share turnover, defined as daily trading volume as a percentage of shares outstanding measured over the 60 trading days preceding the filing of a registration statement and exchange listing.