What does price range mean?

Meaning of “price range” in the English Dictionary. "price range" in Business English. › COMMERCE, MARKETING the range of prices at which similar products or services are sold: On the website you can browse our products by price range.

What is a price bottom?

The time frame can be a year, month, or even an intraday period, but when referenced in financial media or studies, this term refers to a significant low point of interest. Price Bottoms are relative low prices depending on the time frame referenced. Bottoms make for useful reference points when gauging returns.

What is price level in economics?

In more general terms, price level refers to the price or cost of a good, service, or security in the economy. Price levels may be expressed in small ranges, such as ticks with securities prices, or presented as a discrete value such as a dollar figure. In economics, price levels are a key indicator and are closely watched by economists.

How do you determine a price range?

In a free market where a non-unique product is regularly bought and sold, such as with commodities, the approach to determining price range is straightforward. An analyst simply needs to look at the data for the given period and determine a maximum and a minimum value. This technique is particularly evident in stocks.