Closing Price
Closing price is the last price at which a security is traded during a trading session. It is the price at which the last transaction of a security takes place. Closing price is an important indicator of the performance of a security in the market. It is used to calculate the return on investment (ROI) of a security. It is also used to compare the performance of a security with other securities in the same sector.
History of Closing Price
The concept of closing price has been around since the beginning of the stock market. It was first used in the early 19th century when the New York Stock Exchange (NYSE) was established. The closing price was used to determine the value of a security at the end of the trading day. It was also used to calculate the return on investment of a security. Over the years, the concept of closing price has evolved and is now used to compare the performance of a security with other securities in the same sector.
Comparison Table
| Security | Closing Price |
|---|---|
| Security A | $10.00 |
| Security B | $20.00 |
| Security C | $30.00 |
Summary
Closing price is an important indicator of the performance of a security in the market. It is used to calculate the return on investment (ROI) of a security and to compare the performance of a security with other securities in the same sector. For more information about closing price, you can visit websites such as Investopedia, Yahoo Finance, and Bloomberg.
See Also
- Opening Price
- High Price
- Low Price
- Volume
- Return on Investment (ROI)
- Market Capitalization
- Price-to-Earnings Ratio (P/E Ratio)
- Price-to-Book Ratio (P/B Ratio)
- Price-to-Sales Ratio (P/S Ratio)
- Price-to-Cash Flow Ratio (P/CF Ratio)
