Answer:At the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. The rate of change of stock XYZ is 23.5%. The correct option is (A).
What is rate of change in stock?
By subtracting the price of a security at time B from the price of the same security at time A and dividing the result by the price at time A, the price rate of change can be calculated.
The indicator is a technical analysis tool that measures unbounded velocity versus a zero-level middle.
The calculation for percentage change is 100 divided by (New Price - Old Price). If the stock price has increased, the percentage change will be positive; if the stock price has decreased, it will be negative.
Therefore, at the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. The rate of change of stock XYZ is 23.5%.