Market indicator that calculates the level of volatility in the market. This does not factor in price direction. ABI is typically calculated using the New York Stock Exchange, but can use any exchange or exchange subset in making the determination. Classified as a breadth indicator.
Related information about absolute breadth index (ABI):
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 The Absolute Breadth Index ("ABI") is a market momentum indicator that was   developed by Norman G. Fosback. The ABI shows how much activity, volatility,   and ...
 
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