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Imagine that the Mini - Dow Average ( MDA ) is calculated by adding up the closing prices of five stocks and dividing that sum

Imagine that the Mini-Dow Average (MDA) is calculated by adding up the closing prices of five stocks and dividing that sum by a divisor. The divisor used in the calculation of the MDA is currently 0.775. The closing prices for each of the five stocks in the MDA today and exactiy 1 year ago, when the divisor was 0.815, are given in the following table: a. Calculate the percentage change in each slock. Basod on this, is your sonse that the market is bullish or bearish? b. Calculate the MDA today and that of a year ago and calculate the percentage of change in the MDA. Based on this does the market appear to be bulish or bearish? c. Compare your answers to parts (a) and (b) above. Did you reach the same conclusion about the direction of the overall market? What rofe did the divisor play in terms of the conclusion you reached in part b? a. The price change in Ace Computers is 5.(Enter as a petcontage and round to one decimal place. Be sure to enter negative answers as negative.)Imagine that the Mini-Dow Average (MDA) is calculated by adding up the closing prices of five stocks and div calculation of the MDA is currently 0.775. The closing prices for each of the five stocks in the MDA today and are given in the following table: a. Calculate the percentage change in each stock. Based on this, is your sense that the market is bullish or be Data table (Click on the icon here c in order to copy the contents of the data table below into a spreadsheet.)given in the following table: .
a. Calculate the percentage change in each stock. Based on this, is your sense that the market is bullish
or bearish?
b. Calculate the MDA today and that of a year ago and calculate the percentage of change in the MDA. Based
on this does the market appear to be bullish or bearish?
c. Compare your answers to parts (a) and (b) above. Did you reach the same conclusion about the direction of
the overall market? What role did the divisor play in terms of the conclusion you reached in part b?
Data table
(Click on the icon here in order to copy the contents of the data table below into
a spreadsheet.)
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