| ADL |
Average
Daily Liquidity - Is established for each security by
calculating the average daily volume for that security
over the past 5 trade days and then multiplying
that average with the most recent close. The minimum
Average-Daily-Liquidity values for securities to be eligible
for inclusion in the eQuotes and Investment
Tables are:
eQuote
Modules - $100,000 (per security, per day) 1
iTables Short Term - $3,000,000 (per security,
per day) 2
iTables Day Trade - $3,000,000 (per security, per day) 2
| 1 |
The
eQuotes' Momentum Indicator will perform with significantly
greater accuracy on securities with higher ADL
values. |
| |
| 2 |
The
vast majority of securities reviewed and featured
in the Investment Tables have an ADL far greater
than the set minimum. |
| |
|