Close Location Value

Business, Legal & Accounting Glossary

Definition: Close Location Value


Close Location Value

Quick Summary of Close Location Value


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.




Synonyms For Close Location Value


CLV


Cite Term


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Modern Language Association (MLA):
Close Location Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/close-location-value/.
Chicago Manual of Style (CMS):
Close Location Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/close-location-value/ (accessed: April 24, 2024).
American Psychological Association (APA):
Close Location Value. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/close-location-value/

Definition Sources


Definitions for Close Location Value are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.