Average daily dollar volume, 90 days (ADV 90d)
The average value of shares traded per session over the last 90 calendar days.
A longer window, so one busy month does not stand for the company.
How it is computed here
Mean of close x shares traded, over the sessions the market was open
Today's market price against the latest available fundamentals. From our own daily bars, on the sessions the market was open. The window and the sessions it holds are stated beside the figure. Filed under risk. Higher is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- A window we hold too few sessions of is not averaged at all, and says why.
Questions
How is average daily dollar volume, 90 days calculated?
Mean of close x shares traded, over the sessions the market was open. Today's market price against the latest available fundamentals. From our own daily bars, on the sessions the market was open. The window and the sessions it holds are stated beside the figure.
What does average daily dollar volume, 90 days tell a value investor?
A longer window, so one busy month does not stand for the company.
When does average daily dollar volume, 90 days mislead?
A window we hold too few sessions of is not averaged at all, and says why.