Module 3 Chapter-F2F

.docx

School

Delaware County Community College *

*We aren’t endorsed by this school

Course

1112

Subject

Finance

Date

Feb 20, 2024

Type

docx

Pages

25

Uploaded by JudgeCloverHornet26

Report
Module 3 – Stock Price Data Background In this module, you will be working with stock price data for Amazon.com. This stock is listed on the NASDAQ Stock Market (the second largest U.S. stock market, after the New York Stock Exchange). You will analyze the change in the stock prices over time as well as the value of investments over time. The Excel workbook for this module consists of 2 tabs. 1. The source tab. 2. The “Table” tab contains the full history of Amazon stock prices from its start in May 1997 until November 2017. For each trading day of the stock, a record of each of the following is posted. Open = the price when the market opened in the morning. Close = the price when the market closed in the afternoon. High = the highest price during that trading day. Low = the lowest price during that trading day. Volume = number of shares of the stock traded that day. Adj Close (Adjusted Close) = a price adjusted to make prices comparable over time. Note that the dates are listed from most recent to least recent. The Adjusted Close price on specific day reflects all the dividends and splits since that day. If no such dividends or splits have occurred since that day, the adjusted close equals the close on that day. The change in adjusted closing price is used to calculate the total return of an investment made on some previous date in history. Part 0: Percent Change Expressing the percent (or relative) change is often more effective when you are concerned with comparisons over time than the absolute change of the quantity. For an example, an absolute 1
change of 10 units is almost unnoticeable when the value of a quantity observed is 1000 units. However, that same 10 units more than doubles the value of a quantity of 8 units. To begin this Module, view the screencast Percent Growth Models . Part 1: Daily Changes in Stock Prices 1) Create a column in Excel that shows the difference , in dollars and cents, between the High and Low prices for each day. Call the column Daily Range . Note: you will write an Excel formula in the first row of data and drag it down the whole column. a. What was the Daily Range on 4/23/15? 2) Create a column in Excel that shows the percentage increase of the High over the Low. Call the column Daily Range % . Show your answer as a percentage with two decimal places, e.g., 10.12%. a. What was the Daily Range % on 5/27/15? 3) Create a column in Excel that shows the difference , in dollars and cents, between the Adjusted Close that day and the Adjusted Close the previous day . Call the column Daily Change . 2 Screencast
a. What was the Daily Change on 3/17/16? 4) Create a column in Excel that shows the percentage change (either increase or decrease) of the Adjusted Close that day compared to the Adjusted Close the previous day . Call the column Daily Change % . Show your answer as a percentage with two decimal places, e.g., 10.12%. a. What was the Daily Change % on 6/6/14? 5) For this problem, the Excel function XLOOKUP is useful. a. Which day in the data set had the largest Daily Range? b. Which day in the data set had the smallest Daily Range? c. Which day in the data set had the largest Daily Range %? 3
d. Which day in the data set had the smallest Daily Range %? e. Which day in the data set had the largest positive Daily Change (i.e., biggest increase from the previous day)? f. Which day in the data set had the most negative Daily Change (i.e., biggest drop from the previous day)? g. Which day in the data set had the largest positive Daily Change %? h. Which day in the data set had the most negative Daily Change % (i.e., biggest percentage drop)? 6) For what percentage of days in the data set was the Adjusted Close on the day lower than the Adjusted Close the previous day? Show your answer as a percentage with two decimal places, e.g., 10.12%. 4
7) For what percentage of days in the data set was the Adjusted Close on a day higher than the Adjusted Close the previous day? Show your answer as a percentage with two decimal places, e.g., 10.12%. Is the sum of the answer to this question and the previous question equal to 100%? Why or why not? 8) For what percentage of days in the data set was the Daily Change percentage a. strictly greater than 0%? b. greater than or equal to 2.00%? 9) For what percentage of days in the data set was the Daily Change percentage strictly greater than 2.00% and the volume traded was strictly less than 8,000,000? 5
6
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help