caa a22 4500 386308810 CHVBK 20180307111538.0 cr unu---uuuuu 161130e198809 xx s 000 0 eng 10.2307/2331067 doi S0022109000013119 pii (NATIONALLICENCE)cambridge-10.2307/2331067 The Dependence between Hourly Prices and Trading Volume [Elektronische Daten] This study provides evidence on joint characteristics of hourly common stock trading volume and returns on the New York Stock Exchange. Average volume traded shows significant differences across trading hours of the day and across days of the week. Average returns differ across hours of the day, and, to some extent, across days of the week. There is a strong contemporaneous relation between trading volume and returns and also a relation between trading volume and returns lagged up to four hours. Furthermore, the trading volume-returns relation is steeper for positive returns than for nonpositive returns. Copyright © School of Business Administration, University of Washington 1988 Jain Prem C. Joh Gun-Ho Journal of Financial and Quantitative Analysis Cambridge University Press 23/3(1988-09), 269-283 0022-1090 23:3<269 1988 23 JFQ https://doi.org/10.2307/2331067 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.2307/2331067 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Jain Prem C. NATIONALLICENCE 700 1- Joh Gun-Ho NATIONALLICENCE 773 0- Journal of Financial and Quantitative Analysis Cambridge University Press 23/3(1988-09), 269-283 0022-1090 23:3<269 1988 23 JFQ CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge