The total money traded in a day
Volume multiplied by price, showing how much money actually moved. Unlike volume, which counts only shares, it puts expensive and cheap stocks on the same scale. It is also a common way to gauge how busy the whole market is.
A million shares of a $1,000 stock is $1 billion of turnover.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.