Look up the daily trading volume for the following stocks during a recent five-day period (please identify the five-day period chosen):
Bank of America
Randomly select five stocks from the NYSE and examine their trading volume over the same five days.
a) What are the average volumes for the two samples?
b) Would you expect this difference to have an impact on the efficiency of the markets for the two samples? Why or why not?
This solution presents the daily trading volume in an Excel sheet for Bank of America, Wal-Mart, Microsoft, IBM and Kraft Foods. It also analyzes a relationship between the level of traded volume of a stock and the ability of an investor to buy or sell the stock.