Login Sign Up

absolute breadth index (abi) meaning

Meaningmobile phoneMobile

  • [Finance]
    A market indicator used to determine volatility levels in the market without factoring in price direction. It is calculated by taking the absolute value of the difference between the number of advancing issues and the number of declining issues. Typically, large numbers suggest volatility is increasing, which is likely to cause significant changes in stock prices in the coming weeks.
What is the meaning of absolute breadth index (abi) and how to define absolute breadth index (abi) in English? absolute breadth index (abi) meaning, what does absolute breadth index (abi) mean in a sentence? absolute breadth index (abi) meaningabsolute breadth index (abi) definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.