Challenge: Calculate Daily Returns
Understanding how a stock's price changes from one day to the next is crucial for anyone working in finance. One of the most common ways to measure these changes is by calculating daily returns. A daily return tells you the percentage change in a stock's price compared to the previous day's closing price. This measure helps you assess how volatile a stock is, compare performance across different assets, and even build more advanced financial models. By expressing returns as percentages, you can easily compare stocks with different price levels, making it a fundamental metric for both analysis and reporting in the world of finance.
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Implement a function that receives a list of daily closing prices for a stock and returns a list of daily percentage returns, rounded to four decimal places.
- For each day after the first, calculate the percentage change from the previous day's price.
- Round each daily return to four decimal places.
- Return a list containing these daily returns.
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Challenge: Calculate Daily Returns
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Understanding how a stock's price changes from one day to the next is crucial for anyone working in finance. One of the most common ways to measure these changes is by calculating daily returns. A daily return tells you the percentage change in a stock's price compared to the previous day's closing price. This measure helps you assess how volatile a stock is, compare performance across different assets, and even build more advanced financial models. By expressing returns as percentages, you can easily compare stocks with different price levels, making it a fundamental metric for both analysis and reporting in the world of finance.
Swipe to start coding
Implement a function that receives a list of daily closing prices for a stock and returns a list of daily percentage returns, rounded to four decimal places.
- For each day after the first, calculate the percentage change from the previous day's price.
- Round each daily return to four decimal places.
- Return a list containing these daily returns.
Løsning
Tak for dine kommentarer!
single