The Value of Stocks- What’s it worth now?

STANDARDS

Content: Round numbers to given place values

Content: Solve problems involving decimal values

Content: Give evidence of work done to solve a problem

Process: Make conclusions from given data

Process: Reflect on work done

TASK

You have tracked a stock for 5 days. Looking at your graph you can see if the stock made or lost money over the five days. If you really invested money in this stock specifically how much money would you have made or lost each day? Use your work page to record the following: Decide an amount of money between $1000 and $10,000 to hypothetically say you invested in your chosen stock. Divide this amount by the price of one share at the start of your data collection. Show work and record this number to the nearest thousandth. This is the number of shares you can purchase. Take the number of shares you have and multiply it by the prices of one share of your stock that you recorded each of the five days. Show work and record this number to the nearest cent. This product tells you how much money your investment is now worth. Calculate the difference between your initial investment and its worth after day five. Explain if this difference represents you earning money or you losing money. Show your work.

RUBRIC

Criteria / 3 / 2 / 1 / Multiplier
Evidence (work) is shown for finding number of shares you can purchase / Work clearly indicates progression of steps taken to solve problem / Some work is shown, but 1 step is missing leaving progression difficult to follow / Some work is shown, but steps to more than 1 is missing leaving progression unclear / x 2
Calculations needed for finding number of shares are correct / All calculations performed correctly to arrive at right answer / 1 error in calculations / More than 1 error in calculations
Number of shares is rounded to the nearest thousandth / Number of shares is rounded to the nearest thousandth / Number of shares is not rounded to the nearest thousandth
Evidence (work) is shown for finding price of stock at end of fifth day / Work clearly indicates progression of steps taken to solve problem / Some work is shown, but 1 step is missing leaving progression difficult to follow / Some work is shown, but steps to more than 1 is missing leaving progression unclear / x 2
Calculations needed for finding price of stock at end of fifth day are correct / All calculations performed correctly to arrive at right answer / 1 error in calculations / More than 1 error in calculations
Price is rounded to the nearest cent / Price is rounded to the nearest cent / Price is not rounded to the nearest cent
Evidence (work) is shown for finding difference between initial and end of day five values / Work clearly indicates progression of steps taken to solve problem / Some work is shown, but 1 step is missing leaving progression difficult to follow / Some work is shown, but steps to more than 1 is missing leaving progression unclear
Calculations needed for finding difference between initial and end of day five values are correct / All calculations performed correctly to arrive at right answer / 1 error in calculations / More than 1 error in calculations
Explanation of meaning of difference of initial and end of day five values is clear and accurate / Statement is accurate and it is easy to follow logic behind how you know / Statement is accurate but it is difficult to follow complete logic behind how you know / Statement is inaccurate

Total ______/31

You have tracked a stock for 5 days. Looking at your graph you can see if the stock made or lost money over the five days. If you really invested money in this stock specifically how much money would you have made or lost in 5 days? Use your work page to record the following: Decide an amount of money between $1000 and $10,000 to hypothetically say you invested in your stock. Divide this amount by the price of one share at the start of your data collection to determine how many shares you can purchase. Multiply this number of shares by the closing price of day five to determine your investment’s new value. Show work and record this number to the nearest cent. Calculate the difference between your initial investment and its worth after day five. Explain if this difference represents you earning money or you losing money. Show your work.

1.Choose an amount of money between $1000 and $10,000: ______

2.Look back on your Tracking Stocks page.

Copy the Starting Price of One Share: ______

3.Given the amount of money you chose in #1, how many shares can you buy if each one costs what is written in #2? Round this number to the nearest thousandth. This will tell you how many shares of stock you can buy. Show your work:

4.Look back on your Tracking Stocks page.

Copy the Closing Price on the End of Day 5: ______

5.The value written in #4 is now what each share is worth. How many shares do you own (check #3)? If you own this many shares, and each share now costs what is written in #4, how much is your investment now worth? Round this number to the nearest cent. Show work:

6.Calculate the difference between your initial investment (in #1) and its worth after day five (in #5). Show work:

Does this difference represent you earning money or losing money? How do you know?