Share Volume

Returns the share volume (total number of shares traded) for a stock using QuoteMedia's on-demand data service.

Share Volume vs Trade Volume

Metric Description
Share Volume Total number of shares traded
Trade Volume Number of individual trades executed

One trade can involve many shares, so share volume is typically much larger than trade volume.

Supported Symbol Formats

Type Format Example
US Stocks SYMBOL AAPL, MSFT
ETFs SYMBOL SPY, QQQ

Parameters

Parameter Type Required Description
Symbol String Yes Stock ticker symbol

Notes

  • Total shares traded for the day
  • Resets at market open
  • Useful for liquidity analysis

Examples

=QM_ShareVolume("AAPL")
Share volume for Apple
=QM_ShareVolume("SPY")
Share volume for SPY
Symbol from cell reference
=QM_ShareVolume("AAPL")/1000000
Volume in millions

When to Use

  • Analyze trading liquidity
  • Compare volume to average
  • Volume-based indicators
  • Market activity analysis

When NOT to Use

Scenario Use Instead
Need trade count QM_TradeVolume()
Need streaming data QM_Stream_Volume()
Need historical volume QM_GetHistory()
Need average volume AverageDailyVolume()

Common Issues & FAQ

Q: What's the difference between QM_ShareVolume and QM_Volume? A: They may return similar values. Both represent share volume. Check if one is normalized differently.

Q: Why use share volume instead of trade volume? A: Share volume shows the total market activity in terms of shares exchanged. Trade volume shows transaction count regardless of size.

Q: How do I compare to average? A: Compare QM_ShareVolume() to AverageDailyVolume() to see if today's volume is above or below average.

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today
MarketXLS Excel Add-in Tutorial - How to Use Share Volume and Other Financial Formulas
How does MarketXLS work?