Support Board
Date/Time: Fri, 29 Nov 2024 14:45:41 +0000
Post From: Market Statistics - UVOL/DVOL
| [2022-03-18 19:18:33] |
| User796776 - Posts: 95 |
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I am trying to leverage the UVOL/DVOL Market Statistics but having difficulties reconciling the data. The statistics are very different from other data providers. I have attached an image of the discrepancy from today. What the image show is: TradingView: UVOL 436,222,948 DVOL 284,919,713 ThinkorSwim: $UVOL 434,657 DVOL 287,699 SierraChart: UVOL-NYSE 2,480,453 DVOL-NYSE 1,109,014 SierraChart: UVOL24H-NYSE 2,508,210 DVOL-NYSE 1,112,430 As shown, the TradingView and ThinkorSwim (1000's) stats are statistically similar. The SC stat is significantly different: If, as the documentation states, the stat is in thousands, UVOL/DVOL are significantly larger than the TV & TOS platforms TV: 436,222,948 284,919,713 SC: 2,480,453,000 1,109,014,000 Diff: 569% 389% If the UVOL/DVOL are actually are in hundreds the numbers are smaller than the TV & TOS platforms TV: 436,222,948 284,919,713 SC: 248,045,300 110,901,400 Diff: -76% -157% Either way the differences are statistically significant and I am struggling to reconcile the stats to utilize them. I thought perhaps I needed to use the UVOL24H/DVOL25H stats but they do not improve the discrepancy either in the thousands or hundreds. SC: 2,508,210 1,129,430 In todays stats, the morning session had down volume higher on the TV & TOS platforms but lower on SC. Would you help me understand discrepancy so I could leverage the UVOL/DVOL? Using UVOL/DVOL in formulas produces different results from other platforms. Thank you. |
 2022-03-18_14-00-19.png / V - Attached On 2022-03-18 19:02:45 UTC - Size: 119.77 KB - 195 views |