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The table summarizes the movement of the prices of ten stocks in a por

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Sajjad1994
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The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   04 Jan 2024, 10:30
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Data Insights (DI) Butler 2023-24 [Question #185, Date: Jan-04-2024] [Click here for Details]


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.

Percentage change in the price at the end of the month (All values are in %)
StockJan-16Feb-16Mar-16Apr-16May-16June-16Price on 30th
Jun 2016 ($)
Acme-5.3-2.712.521.2-17.8-30.720.71
Bilo12.215.7-8.9010.115.831.29.82
Ceta2.3-5.43.81.22.84.1121.13
Dega7.89.112.3-7.8-9.18.05.57
Echo21.632.8-20.9-32.851.110.310.89
Famo8.77.53.28.7-2.3-5.721.57
Gati0.2-0.4-1.20.90.4-0.1241.29
Haty19.1-12.7-13.215.841.112.57.81
Icha31.721.241.752.819.122.76.99
Jamy12.927.533.3-5.714.315.852.81
(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.
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.
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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
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   08 Jan 2024, 19:24
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please explain the 3rd question Sajjad1994
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   09 Jan 2024, 10:44
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Sandesh013 wrote:
please explain the 3rd question Sajjad1994


There were a few typos in the table, give it another shot and let me know if you have any questions.

Cheers
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   12 Jan 2024, 16:58
Sajjad1994 could you please provide official explanation of the questions you are posting? thanks!
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The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   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
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   18 Mar 2024, 23:56
Sajjad1994 How is Icha the cheapest at the beginning of 6 month period?
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   19 Mar 2024, 10:15
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Deepa444 wrote:
Sajjad1994 How is Icha the cheapest at the beginning of 6 month period?

­Icha's price on 30th June = 6.99

Now work the percent change in the backward.

6.99/122.7*100 = 5.70

5.70/119.1*100 = 4.79

4.79/152.8*100 = 3.13

3.13/141.7*100 = 2.21

2.21/121.2*100 = 1.82

1.82/131.7*100 = 1.38

So the price at the beginning of 6 month period was $1.38, and is the cheapest.


 
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink] New post   11 Apr 2024, 00:39
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­The two least volatile stocks are also the two most expensive ones. => True
Sort by Price on 30th Jun 2016 ($) => the 2 most expensive ones are Ceta an Gati
  • As per the table, most of the % change of these stocks are quite small, less than 5%
  • Sort by % change of each month, the % change of these stocks are always among those most near 0
=> least volatile

The cheapest stock at the end of the six months period is the one to undergo maximum growth over this period. => False

Sort by Price on 30th Jun 2016 ($) => cheapest stock is Dega
Icha underwent a higher growth (all 6 months experienced higher increase than Dega)

The cheapest stock at the beginning of the six months period is the one to undergo maximum growth over this period. => True

The cheapest stock at the beginning of the six months period => Icha because
  • the price at the end of 6 month period is one of the smallest
  • underwent highest growth (all 6 months experienced very large percent increase)
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Re: The table summarizes the movement of the prices of ten stocks in a por [#permalink]
11 Apr 2024, 00:39
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