Identify two important attributes Claudia can use to review the stock's price changes for the day.
SellEVERYthing Inc.
$1,394.44
Todays Change +22.45 /+1.64 % +19.24 %
Year-to-Date
Answer (2)
The problem requires identifying the attributes that show the stock's price changes for the day.
The stock quote includes 'Today's Change' in dollars and percentage, and 'Year-to-Date' change.
'Today's Change' shows the price movement for the current day.
Therefore, the two attributes are 'Today's Change' in dollars and 'Today's Change' in percentage. Today’s Change (in dollars) and Today’s Change (in percentage)
Explanation
Understanding the Problem Claudia wants to understand how the price of SellEVERYthing stock has changed during the current day. We need to identify the two pieces of information in the stock quote that tell her about the day's price movement.
Identifying Relevant Attributes The stock quote provides the following information:
Current price: $1,394.44
Today's Change: +22.45 / +1.64%
Year-to-Date: +19.24%
The 'Today's Change' shows how much the stock price has changed since the beginning of the day, both in dollar amount (+22.45) and as a percentage (+1.64%). The 'Year-to-Date' change shows the total change since the beginning of the year, which is not relevant to Claudia's interest in the day's price changes.
Selecting the Correct Locations Therefore, the two attributes Claudia can use to review the stock's price changes for the day are:
Today's Change (in dollars): +$22.45
Today's Change (in percentage): +1.64%
Examples
Understanding stock price changes is crucial for making informed investment decisions. For example, if Claudia sees that SellEVERYthing stock has increased by +1.64% today, she might consider buying more shares if she believes the stock will continue to rise. Conversely, if the stock has decreased significantly, she might consider selling her shares to avoid further losses. By tracking these daily changes, investors can better manage their portfolios and make strategic decisions about when to buy or sell stocks. This also applies to tracking changes in other financial assets, such as bonds or mutual funds, where understanding daily fluctuations can inform investment strategies.
Claudia can review the stock's price changes for the day by examining 'Today's Change' in dollars (+$22.45) and in percentage (+1.64%). These attributes indicate how the stock's price has moved during the current trading day. By monitoring these values, Claudia can make informed decisions about her investments.
;
