Summary
90D Avg Value represents the average daily monetary value traded for a security over the latest 90-day period available in the platform data. It provides an indication of typical trading activity based on the value of transactions.
Why it matters
Average traded value helps investors assess the liquidity and level of market activity of a security. It can provide insight into how easily a security may be traded and how actively it has been exchanged during the measured period.
However, trading averages may not fully reflect current conditions, as activity levels can change over time and may vary between individual trading sessions.
How to Calculate it
90D Average Volume = (∑Daily Trading Volume_i) ÷ 90
where i = 1 to 90
How to read it
Use 90D Avg Value to understand the typical daily value traded rather than the number of shares exchanged. Consider it together with the security price, liquidity conditions, trading frequency, and the date of the underlying data.
Averages may be affected by unusually active or quiet trading sessions. Always check the displayed period and source-data coverage when comparing securities.