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Stock Market Turnover Ratio (Value Traded/Capitalization) for Montenegro (DDEM01MEA156NWDB)

Observation:

2012: 1.14886 (+ more)   Updated: Aug 4, 2022 9:48 AM CDT
2012:  1.14886  
2011:  2.18261  
2010:  1.37771  
2009:  2.40090  
2008:  2.40090  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Total value of shares traded during the period divided by the average market capitalization for the period.

Ratio of the value of total shares traded to average real market capitalization, the denominator is deflated using the following method: Tt/P_at/{(0.5)*[Mt/P_et + Mt-1/P_et-1] where T is total value traded, M is stock market capitalization, P_e is end-of period CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and annual CPI (IFS line 64..ZF) are from the IMF's International Financial Statistics. Standard & Poor's, Global Stock Markets Factbook and supplemental S&P data)

Source Code: GFDD.EM.01

Suggested Citation:

World Bank, Stock Market Turnover Ratio (Value Traded/Capitalization) for Montenegro [DDEM01MEA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDEM01MEA156NWDB, April 21, 2024.

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