Math Problem Statement

Daily loss for a share is defined as (Opening price – Closing price) / (Opening price). Which among the shares A, B, F and G had the highest daily loss on that day?

Daily loss for a share is defined as (Opening price – Closing price) / (Opening price). Which among the shares A, B, F and G had the highest daily loss on that day?

Solution

PIL import Image

Load the image to confirm successful upload and display its details

image_path = "/mnt/data/1732868145164iu3edryf.jpg" img = Image.open(image_path) img.show()I have opened the uploaded image. I will now calculate the highest daily loss for the shares A, B, F, and G based on the formula provided. Let's proceed with the calculations.To solve this, we will compute the daily loss for each share (A, B, F, G) using the formula:

Daily Loss=Opening PriceClosing PriceOpening Price\text{Daily Loss} = \frac{\text{Opening Price} - \text{Closing Price}}{\text{Opening Price}}

Data from the chart:

  • Share A:

    • Opening Price: 2200
    • Closing Price: 1600
  • Share B:

    • Opening Price: 1800
    • Closing Price: 1500
  • Share F:

    • Opening Price: 1400
    • Closing Price: 1100
  • Share G:

    • Opening Price: 1200
    • Closing Price: 1000

Calculation:

  1. For Share A: Daily Loss=220016002200=60022000.2727\text{Daily Loss} = \frac{2200 - 1600}{2200} = \frac{600}{2200} \approx 0.2727

  2. For Share B: Daily Loss=180015001800=30018000.1667\text{Daily Loss} = \frac{1800 - 1500}{1800} = \frac{300}{1800} \approx 0.1667

  3. For Share F: Daily Loss=140011001400=30014000.2143\text{Daily Loss} = \frac{1400 - 1100}{1400} = \frac{300}{1400} \approx 0.2143

  4. For Share G: Daily Loss=120010001200=20012000.1667\text{Daily Loss} = \frac{1200 - 1000}{1200} = \frac{200}{1200} \approx 0.1667

Conclusion:

  • Share A has the highest daily loss, approximately 27.27%.

Let me know if you need more details or further clarification. Here are related questions you might consider:

  1. How does daily gain differ from daily loss, and how can it be calculated?
  2. What is the significance of bullish and bearish shares in stock trading?
  3. Can candlestick charts predict market trends or reversal patterns effectively?
  4. What are other metrics that can measure stock performance during a day?
  5. How could historical data improve predictions based on candlestick patterns?

Tip: Understanding candlestick charts is essential for technical analysis in trading; focus on patterns like "doji" or "engulfing" for insights.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Percentage Change
Stock Market Analysis

Formulas

Daily Loss = (Opening Price - Closing Price) / Opening Price

Theorems

-

Suitable Grade Level

Grades 8-10