OPEN-SOURCE SCRIPT
TURNOVER FOR THE DAY
TURNOVER FOR THE DAY
1. Turnover in Volume Terms (Share Turnover)
This refers to the total number of shares traded in a stock or the whole market during a day.
It includes both buy and sell transactions (since every buy has a corresponding sell, exchanges count the total traded quantity).
Example:
If Reliance Industries had 50 lakh shares traded today, then its turnover in volume = 50,00,000 shares.
This shows liquidity and activity level of the stock.
2. Turnover in Stock Market Terms (Value Turnover / Trading Value)
This refers to the total money value of shares traded in a stock or the market during a day.
Formula:
Turnover (Value)
=
Total Shares Traded
×
Average/Trade Price
Turnover (Value)=Total Shares Traded×Average/Trade Price
🔑 Difference
Volume turnover = Quantity traded (in shares).
Value turnover = Amount of money involved (in ₹ / $).
Both are used:
Volume turnover helps measure liquidity (how actively a stock is traded).
Value turnover helps gauge the capital flow or market participation in money terms.
1. Turnover in Volume Terms (Share Turnover)
This refers to the total number of shares traded in a stock or the whole market during a day.
It includes both buy and sell transactions (since every buy has a corresponding sell, exchanges count the total traded quantity).
Example:
If Reliance Industries had 50 lakh shares traded today, then its turnover in volume = 50,00,000 shares.
This shows liquidity and activity level of the stock.
2. Turnover in Stock Market Terms (Value Turnover / Trading Value)
This refers to the total money value of shares traded in a stock or the market during a day.
Formula:
Turnover (Value)
=
Total Shares Traded
×
Average/Trade Price
Turnover (Value)=Total Shares Traded×Average/Trade Price
🔑 Difference
Volume turnover = Quantity traded (in shares).
Value turnover = Amount of money involved (in ₹ / $).
Both are used:
Volume turnover helps measure liquidity (how actively a stock is traded).
Value turnover helps gauge the capital flow or market participation in money terms.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.