Dados B3 › Glossary

Glossary

Average daily liquidity

How many reais of the ETF typically trade per day on the exchange.

What it is

How many reais of the ETF typically trade per day on the exchange. Shown on the ETFs pages.

How Dados B3 calculates it

average traded financial volume over the last 60 trading sessions.

Example

Illustrative example, with made-up numbers to keep the arithmetic easy: Average volume of R$ 5 million a day: trading R$ 5 thousand barely moves the price; R$ 5 million at once would move it a lot.

What to watch for when reading it

• It is an average: some days are far above and far below.
• Low liquidity usually comes with a wider gap between buy and sell prices.

See also

• Premium and discount
• Fund net assets

Methodology · All indicators

Educational content to understand what each number means. It is not a recommendation to buy or sell.