Is this Statistical Question as simple as i hope it is...
If I have a 5 Minute Time Bar for measuring trade volume within a Stock Symbol (any symbol)
Which is 300 seconds in total (5 x 60 seconds in a minute = 300)
and i divide the 300 seconds into 10 equal segments of time -- 30 seconds each
and i measure the buying volume that took place from trades during EACH of the 10 segments --- HOW DO I MEASURE THE RATE OF BUYING PER SEGMENT IN RELATION TO THE 10 SEGMENTS to quantify how smooth was the trading done... Measure the Variance ? How do i measure the consistency of the buying ?
If each of the 10 segments of 30 seconds had 1000 shares traded then the rate of trade volume consistency of trading per each segment would be exact or the same rate flow of volume