How to calculate stock price change at once
7/1/2024 03:48am
To calculate the stock price change for a single trading day, you can use the following steps:
1. **Determine the Opening and Closing Prices**: Obtain the stock's opening price and closing price for the day.
2. **Calculate the Price Change**: Subtract the opening price from the closing price to determine the price change for the day.
3. **Compute the Percentage Change**: Divide the price change by the opening price, and then multiply the result by 100 to obtain the percentage change.
For example, if the stock's opening price is $50 and the closing price is $55, the price change would be $5, and the percentage change would be (5/50) * 100 = 10%.
This process provides a straightforward method to assess the stock's performance for a given day, allowing investors to gauge the stock's volatility and potential trends over time.