It's just a measure of liquidity. A stock can trade 1$ or 0$ per day and still have a market cap of 300B ( see private eq.)
(Maybe you are onto something, if stock iliquid, they got stocks at 0. If stock very liquid they got stocks at actual price.)
It's just a measure of liquidity. A stock can trade 1$ or 0$ per day and still have a market cap of 300B ( see private eq.)
(Maybe you are onto something, if stock iliquid, they got stocks at 0. If stock very liquid they got stocks at actual price.)