Question: Problem 8-10 Advance/Decline Lines and Arms Ratio (LO4, CFA1) Use the data below to construct the advance/decline line and Arms ratio for the market. Volume
Problem 8-10 Advance/Decline Lines and Arms Ratio (LO4, CFA1) Use the data below to construct the advance/decline line and Arms ratio for the market. Volume is in thousands of shares. (Input all amounts as positive values. Do not round intermediate calculations. Round your "Arms Ratio" answers to 3 decimal places.) Monday Tuesday Wednesday Thursday Friday Stocks Advancing 1,814 2,499 1,320 2,158 2,021 Advancing Volume 1,011,951 534,531 519,007 941,520 596,239 Stocks Declining 656 799 1,194 839 1,204 Declining Volume 119, 399 217,787 499,742 314,743 382,078 Adv./Dec. Cumulative Arms Ratio Monday Tuesday Wednesday Thursday Friday
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