On a given trading day, 700 stocks advanced and 1,200 stocks declined.The volume of declining stocks was 280 million while the volume of advancing stocks was 530 million.What is the ARMS (a.k.a.TRIN)index value for the day?
A)0.31
B)0.91
C)1.10
D)3.24

Question

Quizplus · Accepted Answer

The ARMS index is calculated as (Advancing Issues/Declining Issues) / (Advancing Volume/Declining Volume). Plugging in the values: (700/1200) / (530/280) = 0.31.

On a Given Trading Day, 700 Stocks Advanced and 1,200