Exceptional Stock in Review- Ashford Hospitality Trust, Inc. (NYSE:AHT) - Stocks Equity
The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.” The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. The stock has a market cap of $280.58M with 106.28M shares outstanding, of which the float was 89.31M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity. But when Ave Volume is lower, the security will tend to be cheap as people are not as keen to purchase it. A stock that maintains a relatively stable price has low volatility. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.