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celo
Posted : Monday, August 6, 2012 12:29:27 PM
Registered User
Joined: 10/7/2004
Posts: 131

I have been using the pcf below for average dollar volume over the last 5 days. Are these PCF's correct?

 AVGC5 * AVGV5 / 100

and the pcf below for average dollar volume for the last 5 days yesterday

 AVGC5.1 * AVGV5.1 / 100

I like this PCF since it give you smaller numbers than the PCF below which give you average dollar volume over the last 5 days

 100 * AVGC5 * AVGV5

 

Thanks

 

 

Bruce_L
Posted : Monday, August 6, 2012 12:40:34 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Your formulas are decent approximations as long as you understand what / 100 does to the magnitude of the result when compared to * 100 (it shifts it by four digits).



-Bruce
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celo
Posted : Monday, August 6, 2012 1:34:54 PM
Registered User
Joined: 10/7/2004
Posts: 131

Decent approximations are good enough i this case. Just wanted to make sure I was on the right track.

Thanks for you insights

Bruce_L
Posted : Monday, August 6, 2012 1:36:26 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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