CAT 2024 Slot 1 DILR Question 1: Daily Share Price Variability (SPV) is defined as (Day’s high price - Day’s low price) / (Average of the opening and closing prices during the day). Which among the shares A, C, D and F had the highes

Question

Daily Share Price Variability (SPV) is defined as (Day’s high price - Day’s low price) / (Average of the opening and closing prices during the day). Which among the shares A, C, D and F had the highes

Accepted Answer

Stage 1: Extract the candlestick values. For each share, the wick gives the day’s high and low, while the body gives the opening and closing prices. Red shares are bearish and green shares are bullish.

ShareDay’s lowOpeningClosingDay’s highType
A1200220018002400Bearish
B1400200017002000Bearish
C800

Daily Share Price Variability (SPV) is defined as (Day’s high price - Day’s low price) / (Average of the opening and closing prices during the day). Which among the shares A, C, D and F had the highest SPV on that day?