Relative Vigor Index (RVI)


An index that is based on the assumption that the closing price of a trade in a rising market is greater that the opening price, and the closing price in a bearish market is lower than the opening price. Used to analyze and determine the market price trend for investment purposes.

Formula: RVI= (Close - Open) / (High - Low)
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
relative value relative volatility