A metric used to determine how a security closed relative to the high and low prices for the trading period. The CLV typically fits with a +1 to -1 range, and is calculated as follows:
CLV = (closing price-low price)-(high price-closing price)/high price-low price.
URL to this page: http://www.investorwords.com/17980/close_location_value_CLV.html
Copyright © 2019 by WebFinance, Inc. ALL RIGHTS RESERVED. Reproduction of all or part of this glossary, in any format, without the written consent of WebFinance, Inc. is prohibited.
Disclaimer and Copyright