0 sats \ 0 replies \ @joyepzion 16 Oct 2023 \ on: Does anyone know of a way to see total buy volume required for a 5% move? bitcoin
There is no direct way to see the total buy volume required for a 5% move in a stock. However, there are a few ways to estimate it.
One way is to look at the average daily trading volume (ADTV) for the stock. If the ADTV is 1 million shares, then you would need to buy 50,000 shares to move the price by 5%.
Another way to estimate the total buy volume required for a 5% move is to look at the stock's float. The float is the number of shares that are publicly traded. If the float is 10 million shares, then you would need to buy 500,000 shares to move the price by 5%.
It's important to note that these are just estimates. The actual amount of buy volume required to move a stock by 5% will vary depending on a number of factors, such as the stock's liquidity and the overall market conditions.
Here are some additional things to keep in mind when estimating the total buy volume required for a 5% move:
- The stock's liquidity: More liquid stocks are easier to trade, so it will take less buy volume to move the price by a given amount.
- The overall market conditions: When the market is volatile, it will take more buy volume to move a stock's price by a given amount.
- The stock's price: More expensive stocks will require more buy volume to move their price by a given percentage.
If you're serious about trading stocks, it's important to understand how to estimate the total buy volume required for a given price move. This information can help you make more informed trading decisions.