The NSE provides a VWAP on their price list.
Click here to go to their website to download a pricelist. The link is located on the left side.
I was informed (right or wrong) that the "V" stands for "Variable"...
I know what a Weighted Average Price is but if WAP is variable then what good is the WAP????
Does anyone know for sure HOW the NSE calculates the VWAP?
Will a Math major... or anyone else please help me out! I googled the term but came up with nothing that included the "variable"...
Or is this Kenyan style math where:
Politician( aka pig/GOK/GOK employee/FOK/moi) receives 100/- but the mwananchi/project receives 10/- but the politician (& his cohorts) crow how the project received the full allocation.
To recap how Kenyan math works 100=10.
Back to "V"WAP... erm, please explain to me what it means!
