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The Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is:NORMINV(probability, mean, standard_dev).Where the function arguments are:he Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is: NORMINV(probability, mean, standard_dev). Where the function arguments are:
DEFINITION of 'Negative Volume Index - NVI' A technical indicator that relies on changes in a securityâs volume to identify when smart money is driving the current trend. The Negative Volume Index suggests that unsophisticated investors buy and sell primarily on high-volume days, while shrewd investors are more likely to trade on low-volume days. A technical indicator that relies on changes in a securityâs volume to identify when smart money is driving the current trend.