A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish.
It is used to help gauge a company's financial health.
There's also a VGM Score 'V' for Value, 'G' for Growth and 'M' for Momentum , which combines the weighted average of the individual style scores into one score.
ElectraMeccanica has a long way to go before its vehicles appear on American highways, if that ever happens.
The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill.
A higher number means the more debt a company has compared to its capital structure.