Talk:Breadth of market

Latest comment: 11 years ago by Amatulic in topic Breadth of market

Breadth of market

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The statement "Breadth of market is an indicator" is wrong and misleading. If this is technical indicator how it is calculated?

The following statement "In its simplest form it is computed on a stock market by taking the ratio of the number of advancing stocks to declining stocks." is wrong as well. "ratio of the number of advancing stocks to declining stocks" is an indicator that called "Advance/Decline Ratio" or "AD Ratio". If you Google TRIN you will see that it was used by Richard Arms in 1970 and nobody called it "Breadth of Market". Yes, AD Ratio is used to measure the breadth of the market when it is applied to exchanges or market leading indexes but there is no such indicator as "Breadth of market"

On my opinion this article is too short and has incorrect information. On my opinion it should be completely rewritten or removed. — Preceding unsigned comment added by Hghlight (talkcontribs) 13:20, 9 May 2013 (UTC)Reply

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The correctness of the information really depends on the sources cited. There are two in this article, but I don't have them so I don't know how they define breadth of market.
I agree, though, the article is short and could use a re-write. Be bold and go for it.
Just be mindful that the sources you cite are reliable and preferably non-commercial. One of your favorites, based on your contribution history, is marketvolume.com, but this isn't an authoritative source. If they aren't giving their own opinion (which wouldn't be citable anyway), then they got the information from somewhere else, so it's best to use the original source where the information came from. ~Amatulić (talk) 14:52, 9 May 2013 (UTC)Reply
sorry did not signed - a little bit new in wiki tags
I do not want to argue about and at this point I do not feel like rewriting it. Let it be as it is.~Hghlight (talk) 9 May 2013 (UTC)