It is the average daily volume (24 hr) at a given location over a whole year. [1]
The average 24 hour volume occurring on weekdays for a whole year (365 days). [2]
It is the average 24 hour volume at a given location over a defined time period less than a year. [3]
The average 24 hour weekday volume at a given location over a defined time period less than a year. [4]
The single hour of the day that has the highest hourly volume is referred to as the peak hour. [5]
It is used to describe stability of volume distribution in an hour.
The maximum possible value for PHF is 1.
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It is the average daily volume (24 hr) at a given location over a whole year. [1]
The average 24 hour volume occurring on weekdays for a whole year (365 days). [2]
It is the average 24 hour volume at a given location over a defined time period less than a year. [3]
The average 24 hour weekday volume at a given location over a defined time period less than a year. [4]
The single hour of the day that has the highest hourly volume is referred to as the peak hour. [5]
It is used to describe stability of volume distribution in an hour.
The maximum possible value for PHF is 1.
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