Data Interpretation

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Easy

The chart below shows the price data for seven shares- A,B,C,D,E,F, and G as a candlestick plot for a particular day. The vertical axis shows the price of the share in rupees. A share whose closing price (price at the end of the day) is more than its opening price (price at the start of the day) is called a bullish share; otherwise, it is called a bearish share. All bullish and bearish shares are shown in green and red colour respectively.

Figure for CAT 2024 DILR question 11 (Data Interpretation)

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). How many shares had an SPV greater than 0.5 on that day?

Entered answer:

✅ Correct Answer: 4

Stock	Opening	Close	High	Low	Trend
A	2200	1800	2400	1200	Bearish
B	2000	1700	2000	1400	Bearish
C	800	1200	1400	800	Bullish
D	500	1000	1200	300	Bullish
E	1300	1100	1400	1100	Bearish
F	1800	1600	2000	1200	Bearish
G	1200	1700	1900	1000	Bullish

For stock A:

$\small\dfrac{2400-1200}{\text{avg}(2200,1800)}=\small\dfrac{1200}{2000}=\small\dfrac{3}{5}$

For stock B:

$\small\dfrac{2000-1400}{\text{avg}(2000,1700)}=\small\dfrac{600}{1850}=\small\dfrac{60}{185}$

For stock C:

$\small\dfrac{1400-800}{\text{avg}(800,1200)}=\small\dfrac{600}{1000}=\small\dfrac{3}{5}$

For stock D:

$\small\dfrac{1200-300}{\text{avg}(500,1000)}=\small\dfrac{900}{750}=\small\dfrac{6}{5}$

For stock E:

$\small\dfrac{1400-1100}{\text{avg}(1300,1100)}=\small\dfrac{300}{1200}=\small\dfrac{1}{4}$

For stock F:

$\small\dfrac{2000-1200}{\text{avg}(1800,1600)}=\small\dfrac{800}{1700}=\small\dfrac{8}{17}$

For stock G:

$\small\dfrac{1900-1000}{\text{avg}(1200,1700)}=\small\dfrac{900}{1450}=\small\dfrac{90}{145}$

So, stocks A, C, D, and G have SPV $> 0.5$ .

Hence, the answer is 4.

Question 10

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?

Question 12

Daily loss for a share is defined as (Opening price - Closing price) / (Opening price). Which among

the shares A, B, F and G had the highest daily loss on that day?

Question 13

What would have been the percentage wealth gain for a trader, who bought equal numbers of all bullish shares at opening price and sold them at their day’s high?

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). How many shares had an SPV greater than 0.5 on that day?

Solution

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