Welcome,
Guest
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Is there any way I can calculate annual share turnover?
A way of defining this is: the sum of the twelve monthly volumes divided by each month’s shares outstanding. |
Dan
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We do not have that exact calculation, but you can use the following Free Form Column as an alternative:
Volume (monthly) as a of Shares Outstanding * 12 It multiplies the monthly volume as a percentage of shares outstanding by 12. |
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Thank you for the quick response.
For "Volume (monthly) as a of Shares Outstanding", is that the average monthly volume over the past twelve months, or is it the volume over the past month, or is it something else? |
Dan
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The data definition says it is the "average monthly volume", but does not specify over which period. I have not used that variable in my screens before, and am not sure what period is used.
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