What is the Full Form of TTV in the Share Market?
The TTV Full Form in the Share Market is Total Traded Value. This value is arrived at by multiplying the total traded volume and the price of a certain stock. Other names, such as the value of trade of the stock also know it.
Importance of total traded value:
The total traded value refers to the total monetary value of the shares that are traded during a specific period. It is an important metric used by analysts and investors to assess both the liquidity and the activity level of a particular stock or the market as a whole. If the total traded value is higher, it indicates a higher trading activity, which is beneficial for investors looking forward to buying or selling shares without price changes.
Advantages of assessing TTV in the share market:
Assessing the Total Traded Value renders significant advantages for both the investors and the market analyst. It helps in better liquidity assessment of the financial instrument. The main advantage of this instrument is that it measures the time taken by the customer to derive value from a purchase. General startups generally require this number to be as low as possible, as it is highly associated with business churn.