SYMBOL= NKE
BUY PRICE= 74.77 (current at this value. this is the price per stock. it changes each day as more or less people invest in the company)
# OF SHARES= 1,000 (this is the # of stocks you wish to buy when you make a purchase. for instance, if you purchase 1,000 shares, that would cost 1,000*74.77 = $74,770 ... this would leave you with a little over $900,000 left of your 1 million)
DATE OF PURCHASE= the date you want to purchase the stocks on
CLOSE PRICE= at the end of the day, the final price of the stock (in this instance, did it go up or down from the buy price of 74.77). perhaps in a week from now, the end of day close price will be 78.77 and you will have gained $4 per each share
GAIN OR LOSS= how much you gained or lost. so if you bought 1,000 shares at 74.77 and sold 1,000 shares at 78.77, you gained $4 per share or $4,000 total. Your Gain would be $4,000. You can lose money too tho if the cost per share goes down at the time you sell
So pretty much we have have follow 10 stocks in the S&P 500. We are given $1,000,000 of fictitious money to allocate.
I will use yahoo finance.
We have to use excel and input the data. The categories are below.
NAME OF STOCK=
SYMBOL=
BUY PRICE=
# OF SHARES=
DATE OF PURCHASE=
CLOSE PRICE=
GAIN OR LOSS=
Now my problem is I don't understand what these mean, with the exception of Name of stock and symbol.
http://finance.yahoo.com/q?s=NKE&ql=1
can someone explain what each of these categories mean and how to find them? Please use Nike as an example.
Thank You
