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You might have seen something like volumes traded at end of day analysis of many stocks on busines channels, economic times, financial news papers and may be at many other websites too. So in this post I would give a brief about what does "Average Daily share Volume" means actually and how it is important indicator for knowing where that stock is heading.
If I go by bookish definition of "Average daily stock volume" it comes out like this - Average daily share volume is the volume of a specific stock that is traded in a day over a period of time. Average daily share volume is calculated to determine the liquidity a particular stock in a market.
