DATA ANALYTICS FOR ACCOUNTING W/CONNECT
1st Edition
ISBN: 9781260574449
Author: RICHARDSON
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 8, Problem 4P
a.
To determine
Calculate the average volume for the month before June 16 and compare it with the trading volume on June 16. Also, identify the effect on trading volume of the announcement by Company A.
b.
To determine
Calculate the average volume for the month before June 16. Compare it to the trading volume on June 16. Identify the effect on trading volume of the announcement by Company W.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Go to Yahoo! Finance and download the monthly stock prices for Apple (AAPL) from 1/1/2016 to 12/31/2021.
(1) Sort the data in increasing order by date.
(2) Calculate monthly returns using Adj. Close prices. Align the returns well with the dates.
(3) Calculate the average monthly return and standard deviation of the monthly returns. (Hint: use either STDEV.S or STDEV to calculate the standard deviation.)
On Excel Formulas included
Daily Stock Return Analysis
a. Data Download and Preparation (2p)
Download historical stock data for Tesla (TSLA), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and IBM from Yahoo Finance for the past 5 years, covering the period from September 1, 2019, to September 1, 2024.
Import the data into a spreadsheet and ensure the dataset includes the daily adjusted closing prices for each stock.
Daily Stock Return Analysis
a. Data Download and Preparation (2p)
Download historical stock data for Tesla (TSLA), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and IBM from Yahoo Finance for the past 5 years, covering the period from September 1, 2019, to September 1, 2024.
Import the data into a spreadsheet and ensure the dataset includes the daily adjusted closing prices for each stock.
b. Daily Returns Calculation (3p)
Compute the daily returns for each stock using the formula:
Daily Return = (Current Price /Prior Period Price) – 1
Express the daily returns as percentages.
c. Descriptive Statistics (10p)
For each stock, calculate fallowing statistics for daily returns:
Mean Daily Return: The average daily return.
Standard Deviation of Daily Returns: A measure of the volatility of daily returns.
d. Histograms (5p)
Create histograms for the daily returns of each stock to visualize their distribution. Ensure that each histogram has appropriate titles and…
Chapter 8 Solutions
DATA ANALYTICS FOR ACCOUNTING W/CONNECT
Ch. 8 - Prob. 1MCQCh. 8 - XBRL stands for: a. Extensible Business Reporting...Ch. 8 - Prob. 3MCQCh. 8 - Prob. 4MCQCh. 8 - Prob. 5MCQCh. 8 - Prob. 6MCQCh. 8 - Prob. 7MCQCh. 8 - What type of ratios measure a firms operating...Ch. 8 - What type of ratios measure a firms ability to pay...Ch. 8 - Prob. 10MCQ
Ch. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Why do audit firms perform analytical procedures...Ch. 8 - Go to https://xbrl.us/data-rule/dqc_0015-lepr/ and...Ch. 8 - Go to https://xbrl.us/data-rule/dqc_0015-lepr/ and...Ch. 8 - Prob. 6DQCh. 8 - Prob. 7DQCh. 8 - Prob. 8DQCh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Go to Loughran and McDonalds sentiment word lists...Ch. 8 - Prob. 6P
Knowledge Booster
Similar questions
- Go to Yahoo.com’s financial website and enter Apple, Inc.’s stock symbol, AAPL. Answer the following questions concerning Apple, Inc. At what price did Apple’s stock last trade? What is the 52-week range of Apple’s stock? When was the last time Apple’s stock hit a 52-week high? What is the annual dividend of Apple’s stock? How many current broker recommendations are strong buy, buy, hold, sell, or strong sell? What is the average of the broker recommendations? What is the price-earnings ratio?arrow_forwardplease help me analyze and asnwer the questions with formula so that i can learn and get ready for my exam :<arrow_forwardElon Musk is the CEO of Tesla and pays special attention to the stock price of Tesla. Using the STOCKHISTORY function, create a table showing the closing price of Tesla stock for each day during the month of January 2023arrow_forward
- The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return? Hint: Make sure to round all intermediate calculations to at least five decimal places. (Click on the following icon in order to copy its contents into a spreadsheet.) Jan 1 Mar 31 Jun 30 Sep 30 Dec 31 Price 10.09 11.09 10.59 11.19 11.09 Dividend 0.16 0.16 0.16 0.16 Your realized return is%. (Round to one decimal place.)arrow_forwardPlease answer fast i give you upvote.arrow_forwardUsing your iphone, you noticed that IBM was trading at a bargain price, so you decided to purchase 100 shares of stock that is traded on the New York Stock Exchange using your primary stock trading app. What kind of transaction was this? Primary market Secondary market Futures market Private Placementarrow_forward
- Amazon.com Incorporated reported the following stock price at the beginning of each year since 2012. Using 2012 as the base year, develop a simple index for stock prices. Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Stock Price to Open Year $175.89 256.08 398.80 312.58 656.29 757.92 Click here for the Excel Data File What is the percentage increase in price over the 10-year period? Note: Round your answers to 2 decimal places. 1,172.00 1,465.20 1,875.00 3,270.00 Base 2012arrow_forwardBelow you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Week Day Close 1 Monday $38.61 Tuesday 38.43 Wednesday 38.03 Thursday 38.29 Friday 37.55 2 Monday 37.72 Tuesday 37.79 Wednesday 37.83 Thursday 38.52 Friday 38.62 3 Monday 38.55 Tuesday 38.71 Wednesday 39.04 Thursday 39.19 Friday 39.02arrow_forwardThe following chart shows the price of Netflix stock for the six-month period from August 2017 to January 2018. Assume you are considering purchasing Netflix stock. What considerations would influence your decision? Relative to Netflixs financial performance, what factors would influence the decision, and how would those factors rank in your decision? What about the nonfinancial factors?arrow_forward
- Log on to finance.yahoo.com and enter the ticker symbol "LVS" in the Quote Lookup box to find information about Las Vegas Sands Corp. Download monthly adjusted closing stock price data (Adj Close) for five years. The first month should be March 01, 2019 and the 60th month should be February 01, 2024. Please make sure that your dataset has a total of 60 months. Assuming that returns follow a normal distribution, answer the following question: (1) What is LVS's annualized expected return? (2) What is LVS's annualized standard deviation? (3) What is the minimum return for LVS with a 99.73% probability? (4) What is the maximum return for LVS with a 99.73% probability? N:B: Your final answer should be rounded to 2 decimal places and make sure the final answer has the proper unit of measurement wherever appropriate (e.g., if the number is a dollar number, put "$" sign at the beginning; if the number is a percentage, put "%" at the end. Make sure the dataset has 60 observations from March 01,…arrow_forwardplease give me answer of this statementarrow_forwardThe following table contains prices and dividends for a stock: All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return? Hint: Make sure to round all intermediate calculations to at least five decimal places. Your realized return is %. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Price Dividend Jan 1 $9.76 Mar 31 $10.76 $0.15 Jun 30 $10.26 $0.15 Sep 30 $10.86 $0.15 Dec 31 $10.76 $0.15arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Fundamentals of Financial Management (MindTap Cou...FinanceISBN:9781285867977Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage Learning
Fundamentals of Financial Management (MindTap Cou...FinanceISBN:9781337395250Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage Learning
Excel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage Learning
Financial AccountingAccountingISBN:9781305088436Author:Carl Warren, Jim Reeve, Jonathan DuchacPublisher:Cengage Learning
Fundamentals Of Financial Management, Concise Edi...FinanceISBN:9781337902571Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage Learning
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781285867977
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Excel Applications for Accounting Principles
Accounting
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Cengage Learning
Financial Accounting
Accounting
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Cengage Learning
Fundamentals Of Financial Management, Concise Edi...
Finance
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning