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04 Jan 2024, 10:30
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The two least volatile stocks are also the two most expensive ones.: True
The cheapest stock at the end of the six months period is the one to undergo maximum growth over this period.: False.
The cheapest stock at the beginning of the six months period is the one to undergo maximum growth over this period.: True
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
59% (02:27) correct
41%
(02:35)
wrong
based on 1431
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History
Date
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The table summarizes the movement of the prices of ten stocks in a portfolio. The percentage change suggests the fluctuation in the price of stock as a function of the price at the end of the previous month. Negative sign suggests that the price decreased. The last column suggests the absolute price of the stock in US dollars on 30th Jun 2016.
(Sort ↕ the table by clicking on the headers)
For each of the following select True if the statement is true based on the information provided. Otherwise select False.
Percentage change in the price at the end of the month (All values are in %) | |||||||
| Stock | Jan-16 | Feb-16 | Mar-16 | Apr-16 | May-16 | June-16 | Price on 30th Jun 2016 ($) |
|---|---|---|---|---|---|---|---|
| Acme | -5.3 | -2.7 | 12.5 | 21.2 | -17.8 | -30.7 | 20.71 |
| Bilo | 12.2 | 15.7 | -8.90 | 10.1 | 15.8 | 31.2 | 9.82 |
| Ceta | 2.3 | -5.4 | 3.8 | 1.2 | 2.8 | 4.1 | 121.13 |
| Dega | 7.8 | 9.1 | 12.3 | -7.8 | -9.1 | 8.0 | 5.57 |
| Echo | 21.6 | 32.8 | -20.9 | -32.8 | 51.1 | 10.3 | 10.89 |
| Famo | 8.7 | 7.5 | 3.2 | 8.7 | -2.3 | -5.7 | 21.57 |
| Gati | 0.2 | -0.4 | -1.2 | 0.9 | 0.4 | -0.1 | 241.29 |
| Haty | 19.1 | -12.7 | -13.2 | 15.8 | 41.1 | 12.5 | 7.81 |
| Icha | 31.7 | 21.2 | 41.7 | 52.8 | 19.1 | 22.7 | 6.99 |
| Jamy | 12.9 | 27.5 | 33.3 | -5.7 | 14.3 | 15.8 | 52.81 |
For each of the following select True if the statement is true based on the information provided. Otherwise select False.
| True | False. | |
| The two least volatile stocks are also the two most expensive ones. | ||
| The cheapest stock at the end of the six months period is the one to undergo maximum growth over this period. | ||
| The cheapest stock at the beginning of the six months period is the one to undergo maximum growth over this period. |
ShowHide Answer
Official Answer
The two least volatile stocks are also the two most expensive ones.: True
The cheapest stock at the end of the six months period is the one to undergo maximum growth over this period.: False.
The cheapest stock at the beginning of the six months period is the one to undergo maximum growth over this period.: True
13 Jan 2024, 06:09
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Explanation
Statement 1: As the statement says about the most expensive stocks, sort the table by price. It is clear that Ceta and Gati are two of the most expensive stocks now that their price has changed horizontally. Both have the least change in price, hence the statement is correct.
Answer: True
Statement 2: Sort the table by price of the stock; the two least expensive stocks are Dega and Icha. Compare horizontally. Dega has two negative price improvements; hence, it must not be the stock with maximum growth over this period. The statement is incorrect.
Answer: False
Statement 3: Similar to statement 2, the cheapest stock in the beginning of the period is Icha which went highest during this period. The statement is correct.
Answer: False
Answer: True
Statement 2: Sort the table by price of the stock; the two least expensive stocks are Dega and Icha. Compare horizontally. Dega has two negative price improvements; hence, it must not be the stock with maximum growth over this period. The statement is incorrect.
Answer: False
Statement 3: Similar to statement 2, the cheapest stock in the beginning of the period is Icha which went highest during this period. The statement is correct.
Answer: False
