Average Daily Traded Value definition

Average Daily Traded Value means, in respect of a Share, the sum of Daily Traded Value over a specified period divided by the number of Exchange Trading Days that fall in the specified period.
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Average Daily Traded Value means, on each Determination Date, one-third (1/3) of the average daily traded value of American Depository Shares of the Company (the “Company ADS”), each of which represents three (3) class A ordinary shares of the Company, on such day, being calculated by (a) firstly adding up, for each of the seven (7) trading days immediately preceding the Determination Date (the “Determination Period”), the product of (i) the closing price of the Company ADS quoted by the NASDAQ Stock Exchange on each such trading day and (ii) the volume of the Company ADS traded on the NASDAQ Stock Exchange on the relevant trading day, and (b) then dividing it by the total volume of the Company ADS traded on the NASDAQ Stock Exchange during the Determination Period, provided that, if the Company ADS are suspended for trading on the NASDAQ Stock Exchange on any one or more trading days during the Determination Period, such trading day or days shall be excluded from the Determination Period and the remaining trading days comprised in the Determination Period shall be used in the computation of the Average Daily Traded Value instead and, for the avoidance of doubt, if the Company ADS are suspended for trading on the NASDAQ Stock Exchange for the whole of the Determination Period, the Average Daily Traded Value shall be deemed to be zero.
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Examples of Average Daily Traded Value in a sentence

  • Average Daily Traded Value of a stock is the sum of the Daily Traded Value over a specified period divided by the number of trading days over that specified period.

  • ListedEquities 201920182019/2018 (%)Cash MarketADTV (R$ million)16,738.711,878.9 Note: ADTV stands for Average Daily Traded Value); ADV stands for Average Daily Volume; RPC stands for Revenue per Contract; and bps stands for basis point.

  • APPENDIX V: DEFINING TRADE LIMITSIn the monthly index review, the Trade Limit for each security (i.e., the maximum security weight change) is calculated as 10% of its Average Daily Traded Value, assuming a portfolio value of 1 billion USD:Trade Limit = (10% * Average Daily Traded Value) / 1 billionThe Average Daily Traded Value of a security is calculated as the average of the daily traded values in the one month prior to the Rebalancing Date.

  • In order to calculate this ratio, Net Income data for at least three out of five periods should be available.An additional percentile rank is assigned to liquidity (defined below) for all stocks in the universe, without applying universe division into regions for any index.» Liquidity: calculated as the three-month Average Daily Traded Value (ADTV).

  • In case that more than one security of any given issuer is included in the selection only the most liquid security of this issuer will be retained (as determined by the Average Daily Traded Value over the previous 3 months).

  • If a company has multiple share classes, only include the most liquid issue based on the highest three-month Average Daily Traded Value (ADTV) relative to the review cutoff date.

  • Average Daily Traded Value over all national exchanges within the listed country of at least 150,000 USD in the last three months for companies that are not in the index as of the Selection Day, and 50,000 USD for companies that are in the index as of the Selection Day.

  • In case two securities have same Inflation-Sensitivity score, the security with higher 3- month Average Daily Traded Value (ADTV) is selected.

  • Liquid financial assets are thus characterized by having small transaction costs; easy trading and timely settlement; and large trades having only limited impact on the market price.The SMRC uses two measures of liquidity: Average Daily Traded Value (ADTV)and Max Open Interest (OI).

  • Average Daily Traded Value contracted from ` 5,437 crore in 2012-2013 to` 3,834 crore in 2013-2014.

Related to Average Daily Traded Value

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Effective State average tax rate means the average of effective county tax rates for all counties.

  • Average daily membership means the total enrollment of

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Publicly Traded Securities means shares of common stock that are traded on a U.S. national securities exchange or that will be so traded when issued or exchanged in connection with a transaction or event described in clause (b) of the definition of Fundamental Change.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Publicly Traded Equity Interest means any Equity Interest that is traded on any securities exchange or is quoted in any publication or electronic reporting service maintained by the National Association of Securities Dealers, Inc., or any other comparable organization or entity in which your shares are listed or traded, or any of their successors.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Adjusted Treasury Rate means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.