AAV (ADP to R$) Formula

[MrDawg]

Hi there,

Somehwat irreleveant question due to the negligible change in the results, but I am anal and curious:

- In the forecaster toolbox, the formula for AAV is listed as:
AAV = 57.8 - 9.8 * ln (ADP)

- In the March 25 Market Pulse article, the formula for AAV is noted as:
AAV = 58.5 - 9.8 * ln (ADP)

A) which is the most accurate / current?
B) what is the source of this formula?

thanks !

R

[RAY@HQ]

I wasn't aware that it had changed. I'll look into the discrepancy. Source is some original research performed here by Bill Macey citca 2010 or 2011.

[Michael@HQ]

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