You decide you will buy a stock only if it shows an overall increase over the next 30 days. The first 10 days, it has an average daily increase of 0.30. The next 10 days it has an average daily decrease of 0.45. The last 10 days, it has an average daily increase of 0.25
a. How much did the stock change over the first 10 days? My answer is that the stock increased by $0.30 more
B. How much did the stock change over the next 10 days? My answer is that the next 10 days the stock decreased by $0.45
C.How much did the stock change over the last 10 days? My answer is that the stock increased by $0.25.
D. How much did the stock change altogether?
My answer is since it started of with $0.30 than it decreased with 0.45, I subtracted it and got -0.15, then I added 0.25 and got 0.1
E. Should you buy the stock? I'm not really sure about this one
I just need someone to tell me if I'm wrong or right. If I'm wrong I will like it if anyone will explain it to me. Thanks
(a) It increased by $0.30 each day for 10 days, or an increase of $3.00
(b) Over the next 10 days, it decreased by 10*0.45 = -$4.50
(c) The last 10 days, it changed by 10*.25 = $2.50
(d) You correctly came up with a total change of 0.1 but that is correct only because each period was the same length. If there had been different lengths of time, the result would have been different. The average daily change over the full 30 days is (total change)/(no. days) = $1.00/30 = $0.033/day.
(e) Since the net change was positive, it appears to be a good buy. However, you have to consider taxes and commissions, so it might not have been the best use for your money. On the other hand, it depends on the stock price.
If it was $IBM, at $150/share, a net increase of $1.00 isn't much.
If it was a penny stock, trading at $0.75/share, then the change is a significant percentage.
It also depends on how many shares you're trading. A huge number of shares might affect your decision.
Also, the stock seems to be bouncing around, so I'd steer clear of it, unless this is just a wiggle in what appears to be a long-term increase.
Stock trading can get complicated!!
okay the people that are saying that these people are cheating you guys are also cheating because you wouldn't be in this conversation if you were not cheat because you are the one that is on here so that mean you guys were looking for an answer so the people that are saying other people are cheating keep your mouth shut if you have an answer put it if not leave because you came here for the same reason the other people did
its none of your buisnesss ok
actually people are using his answers to cheak there work
and you too MR. WORK HARD PLAY HARD u here for answer to
both of yall stop fighting, yall are acting more childish than the ppl cheating (sorry i say yall so much, im from texas)
bet one of them snitched on all of us already
ay bruh chill people cheat in this world all the time, don't be a loser and hate on a bunch of stupid kids just tryna get by. This year has been hard on all of us and school is just another one of our problems.
who loves listening to drama but hates being in it
I KNOW RIGHT
This is so funny lol i only came here for the answer and i want to yeet steve to Antarctica bc he is that on person who ruins everything... Or as called in slang a SQUARE
pffft. I've never seen so much drama this month. I am dying of laughter right now.
Bro this fight is still going on? Its been a whole year just chill out already!
Umm to work hard and play hard in one of the thing u were asking for the answer so please stop saying that were cheating so are u 😂💁💆🤦
All of ya'll need to be quite because everyone has their own opinion of cheating.
CHILL YALL
Ok the website can see y'alls drama btw but fr no need to fight also PERIOD u have a very good point.
yall we all just tryna get through school, dont argue ur not gonna stop us. we need the grades
so whats the answer
wow that was a roller coaster
john how did u know we are cheating if u didnt look your answers up? thought so
I come here to check me answers
bro just because they need help dosnt mean to start drama
The best drama conversation goes on for 2 years. Jeez.
wow me reading that was just weird
Ikr just getting by this year
So uhm yea what’s the answer…
Emm ok i guess i'ma go get a life probably of how dramática this whole entre sean
Well uh- that was a lot
@workhardpalyhard
I agree, im here checking my work because I don't want to fail. Im not cheating, im simply checking my answers. And no I don't change them if their wrong, I learn more and then submit.