Cryptocurrency Q&A
How to calculate day closing price?
How to calculate day closing price?
CryptoNinja
Sat Dec 21 2024
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7 answers
1849
I would like to know how to calculate the closing price of a day. Is there a specific formula or method to determine this? I need this information for my financial analysis.
7 answers
Alessandra
Mon Dec 23 2024
If the number of trades executed in the last 30 minutes is less than 10, the Closing Price will be calculated differently.
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Thunderbolt
Mon Dec 23 2024
In such cases, the Closing Price will be based on the volume weighted average price of the last 10 trades executed throughout the entire trading day.
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Nicola
Mon Dec 23 2024
The Closing Price is determined by the volume weighted average price of all transactions conducted during the final 30 minutes of a trading day.
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SolitudeEcho
Mon Dec 23 2024
This alternative method ensures that the Closing Price remains representative of the day's trading activity, even if the final 30 minutes do not meet the usual criteria.
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emma_rose_activist
Mon Dec 23 2024
This calculation method ensures that the Closing Price accurately reflects the market conditions at the end of the trading day.
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