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Search online for Rua Bioscience Limiteds (RUA.NZ) daily stock price for the month of November 2020 (from November 1, 2020 to November 30, 2020). 1.Download

Search online for Rua Bioscience Limiteds (RUA.NZ) daily stock price for the month of November 2020 (from November 1, 2020 to November 30, 2020).

1.Download the above stocks daily closing price (you could use either closing price or adjusted closing price) for the specified period. Save the data in an Excel file to perform the following calculations. Clearly state the data source and weblink.

(2 mark)

2.Using Excel, calculate the daily return (or daily holding period return) of the above downloaded stock prices (dail return refers to the percentage change in closing prices from one trading day to another).

Tabulate the daily prices and daily return in a table similar to the one below.

(2 marks)

Date

Price

Daily return

3.Next, use Excels Data/Sort function to sort the calculated daily rate of change from largest to smallest. What was the largest positive change (in %) and when? What was the largest negative change (in %) and when?.

(2 marks)

4.Conduct an online search for documented news or announcements that are likely to have influenced the largest stock price changes identified above [Part (c)]. In your own words, describe the major cause(s) of the largest positive and negative stock price changes. State the sources and websites.

(2 marks)

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