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Question 1214 Data Interpretation and Logical Reasoning 2024 Medium NAT +3.00 marks
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. Values read from the chart (Share: Open | Close | Day’s High | Day’s Low | Type): 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
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? [Figure: see page 11 of source PDF]