Understanding points Vs shares? (stock market)

[shaneshane1]

Hi i am trying to understand how the points work in accordance to share prices on a graph?

For example: If i have a graph ranging from 0 points to 500 points over a 5year period, and the points have bounced up and down , and the graph's points are currently 170 point, but the share price is currently $70 what is the connection between "points" and "shares"?

Thanks!

 

[Papabravo]

Only thing I can figure is currency conversion. AFAIK a point is the same thing as a dollar. I don't know what charts you're looking at but it is probably a waste of time since there is nothing to be learned from them.

 

[shaneshane1]

Just want to clear up the difference between the two, so i know what i am looking at if i ever decide to buy some shares!

 

[AllVol]

Just want to clear up the difference between the two, so i know what i am looking at if i ever decide to buy some shares!

Don't know where you're looking, but most graphs have a legend that explains them.

If you are talking about the trend graphs, they record volume sales over time for a given stock. In your example, the 170 probably represents the number of shares traded, usually in millions, for a given month, or quarter as the case may be, over a period of, usually, the past five years.

There are also graphs that track over year to date, and even month to date in some cases.

Hope this is what you're talking about.

 

[HarveyH42]

For the most part, I've charts and graphs to be pointless, where it concern someone try to sell you on something. They usually have little to do with the truth. The data can be scaled and adjusted in many ways to illustrate whatever point you are trying to make, ask Al Gore...

 

[AllVol]

For the most part, I've charts and graphs to be pointless, where it concern someone try to sell you on something. They usually have little to do with the truth. The data can be scaled and adjusted in many ways to illustrate whatever point you are trying to make, ask Al Gore...

You know, Harve, you might just be right.

From now on I'll never look at another characteristic chart on any data sheet, because the manufacturers are just putting numbers in there to illustrate their point. The data has no basis in fact.

 

[Mikebits]

You know, Harve, you might just be right.

From now on I'll never look at another characteristic chart on any data sheet, because the manufacturers are just putting numbers in there to illustrate their point. The data has no basis in fact.

If I did not know any better, I would think you were being sarcastic...

 

[HarveyH42]

You know, Harve, you might just be right.

From now on I'll never look at another characteristic chart on any data sheet, because the manufacturers are just putting numbers in there to illustrate their point. The data has no basis in fact.

Slightly different purpose. But it would surprise me if the graphs in data sheets are sometimes biased, and not extremely accurate. But, this is different, as the manufacturer would gain little from any major mis-representation of their part's performance, as the customers would catch it quickly. It's in their best interest to provide accurate and useful data, so their parts are used as designed. A happy customer, is a loyal customer.

For stocks, you don't have anything physical to compare with the numbers given. The companies and sellers want to present their stock, in the most attractive manner, without committing fraud. College was more then 20 years ago for me, but remember the doing the math.

 

[3v0]

During my first few months as an engineer a marketing type gave a presentation regarding his market survey.

He started by saying the LSD (least significant difference) was some number. The he pointed to our position on top of the graph and said we were the leader. But, our nearest competitor was less the the LSD below us.

When I pointed this out he grumbled a bit and revised his statement to say we were among the best.

It did not take me too long to figure out that my comment was not all that welcome.

Live and learn.

 

[killivolt]

During my first few months as an engineer a marketing type gave a presentation regarding his market survey.

He started by saying the LSD (least significant difference) was some number. The he pointed to our position on top of the graph and said we were the leader. But, our nearest competitor was less the the LSD below us.

When I pointed this out he grumbled a bit and revised his statement to say we were among the best.

It did not take me too long to figure out that my comment was not all that welcome.

Live and learn.

Funny you should say that. The (AIG) Cooperate ( nincompoop ) or ('non compos mentis' ) "meaning" not of sound mind.


This guy kept saying over and over ( unrealized loss ) what the ......... is that. And how do you freaking loose 84 billion ? I can see me saying to the bank well you see I had some unrealized dept to you and well I think the Government should bail me out.

Wha................ ?

I know where it is. It's between the seat cushions at his freaking house ?

Couldn't he come up with a better lie than that.

kv

 

[Leftyretro]

Funny you should say that. The (AIG) Cooperate ( nincompoop ) or ('non compos mentis' ) "meaning" not of sound mind.


This guy kept saying over and over ( unrealized loss ) what the ......... is that. And how do you freaking loose 84 billion ? I can see me saying to the bank well you see I had some unrealized dept to you and well I think the Government should bail me out.

Wha................ ?

I know where it is. It's between the seat cushions at his freaking house ?

Couldn't he come up with a better lie than that.

kv

"This guy kept saying over and over ( unrealized loss ) what the ......... is that."

Well I certainly don't have any love for the current credit meltdown situation but the concept of a "unrealized gain or loss" is a valid concept. If you buy and hold something like a stock or even a house, it's value often changes daily up or down. One can say their house has doubled in value sense they bought it, but unless they actually sell it and realize the profit, it remains a unrealized gain and could and as seen lately can go down in value. That's why one doesn't pay capital gains taxes until one sells and realizes an actual profit no matter what it's "paper value" prior to selling.

I suspect that is one of the root causes of the current credit situation. So many companies hold vasts amount of various forms of paper investments linked to home mortgages that can't really be accurately valued under the current home price situation. Profit greed is most likely reason for getting into the situation and fear is now the driver of the situation.

 

[Mikebits]

Lending money to someone who cannot meet the financial obligation is the problem here. It is like someone lending $1000. bucks at 25% interest to an unemployed person.

Hey bud! where is my money?
The lenders knew, but on paper they were able to show future gains which investors got sucked into.

Unforeseen my arse...

 

[3v0]

How to be a Master.

This song (and movie) reflects the sort of
people the bailout is going to benefit.
It was a flop when it released and has
become a cult film.

Mr Boogalow, the head of BIM music sings
this song. He is dressed in a black
cloak and sports small horns on his head.

Trailer

How to be a Master
Form the movie 1980's "The Apple"
which is now showing on TCM.

( Mr. Boogalow & his gang)


Why am I the darling of the BIM elite?
Why does everyone fall at my feet?
Could it be because I’m so sincerely sweet?
Yes I know how to be a…master

Cultivate their need, grab them by their greed
Slaves are guaranteed
When you know how to be a master
(he knows how to be a master)

Reaching the top is such a long, hard climb
Millions of people stand and wait in line
Do you think I got there being patient and kind?
Yes I know how to be a master

(verse in movie only)
Push and shove and claw
Step on those who fall
It takes no time at all
When you know how to be a master
(He knows how to be a master)

It's boring being cruel continuously
And sometimes I tire, so I show sympathy
But now we've had this tete-a-tete you see
Yes, I know how to be a master


Lure them into chains,
Whip them till their tame
They’ll learn to love their pain
When you know how to be a…a master
(He knows how to be a, a master)

The world is nothing but a big Casino Royal,
With bodies to buy, souls to sell
Do I win by playing just the cards I’ve been dealt
Yes I know how to be a master

Lie, Cheat, Steal
Betray and Double Deal
It’s you who spins the wheel
When you know how to be a master

Cultivate their need, grab them by their greed
Slaves are guaranteed
When you know how to be a master
(he knows how to be a master)​

 

[davidbball13]

If a stock is at 33$ for instance. if it goes up or down it is measured in points or dollars. that 33 dollar stock is one share.