Question

Definition of Volume
What is volume?

Answer 1

Volume is the quantity of three-dimensional space occupied by the three states of matter. Common units used to express volume include litres, cubic meters, gallons, milliliters, teaspoons and ounces etc.

Answer 2

Talking About Volume In Stock Market:

• Volume helps us to identify the quantity of how much a stock is bought or sold in the stock market.

• You may be thinking what is the use of knowing the quantity of stock that is bought and sold in the stock market the uses are as follows it helps us identify different kinds of trends patterns. We can also confirm these patterns and trends.

• High volume can show high price action and trend reversals if the market was bearish it will change it to bullish for example.

• We can make a good prediction whether the stock price will rise or not by seeing the volume of the stock how much is sold and how much is bought.

• It shows the activity in stocks. If we find a high volume of a stock there will be a lot of trading on that specific stock these kind of stocks are the ones we need to pick for intraday trading so that we can make profit in a less time by making accurate decisions.

• In maths volume has a different definition.