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OBV GBI 1
OBV may refer to any of the following: * On-balance volume, a technical analysis indicator *Operation Black Vote Operation Black Vote (OBV) is a British non-partisan and not-for-profit national organisation, established in 1996 to address the Black British and ethnic minority democratic deficit. OBV has recruited church leaders to persuade people to registe ..., non-partisan and not-for-profit national organisation established in 1996 to address the British black and ethnic minority democratic deficit * Österreichischer Bibliothekenverbund, a catalogue and service collaboration for Austrian libraries {{Disambiguation ...
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On-balance Volume
On-balance volume (OBV) is a technical analysis indicator intended to relate price and volume in the stock market. OBV is based on a cumulative total volume. The formula : OBV = OBV_ + \left\{ \begin{matrix} volume & \mathrm{if}\ close > close_{prev} \\ 0 & \mathrm{if}\ close = close_{prev} \\ -volume & \mathrm{if}\ close < close_{prev} \end{matrix} \right. Because OBV is a cumulative result, the value of OBV depends upon the starting point of the calculation.


Application

Total for each day is assigned a positive or negative value depending on prices being higher or lower that day. A higher close results in the volume for that day to get a positive value, while a lower close results in negative value. So, when prices are going up, OBV should be going up too, and when prices make a new rally high, then OBV should ...
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Operation Black Vote
Operation Black Vote (OBV) is a British non-partisan and not-for-profit national organisation, established in 1996 to address the Black British and ethnic minority democratic deficit. OBV has recruited church leaders to persuade people to register and vote and to inspire minority ethnic communities to engage with public institutions to address supposed racial inequalities in areas including education, health, and employment. Background Between 1994 and 1996 Black communities were subject to severe social and political pressure. The New York-based Human Rights Watch identified Britain as the country with the highest incidence of racial attacks in Europe. Research at Southampton University by law professor Lawrence Lustgarden showed that Britain jails more Black people per head of population than the USA. In early 1996, with the last date for a General Election 18 months away, Black volunteers at Charter88 and activists at The 1990 Trust began exploring ways of using the most imp ...
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