1 of the average stock volume the value signifies

stock volume is 4,855,714 which is about 53.1% of the average stock volume. The
value signifies high volatility and ultimately mean inconsistency in the volume of
Tesla’s stock.
Conclusion
Based on the graphical representations and statistical calculation of Tesla’s
stock history represents the company needs to react to its upcoming competitors
and provide more unique product and service. The stock trends in last 12 months
shows gradual decrease in stock prices and we are seeing slight recovery of the
stock price in the last quarter. Also, Tesla has a high volatility of 53.1% for daily
traded stock volume which explains constant fluctuation of Tesla’s stock exchange
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APPLYING ANALYTIC TECHNIQUES TO BUSINESS
rate. When stock market volatility is high, it is sensitive to the price movements of
overseas stock markets including domestic and international economic, political
and social issues and events and even the small issue is characterized by the
entire stock market. Moreover, adjusted closing price of mean and median are
almost equivalent which reflect consistent demand.
The scatterplots for the highest and the lowest daily stock prices represents
a negative linear relationship between time and stock value which reflects Tesla’s
quarterly performance. When Model 3 was in full production, their quarterly vehicle
delivery doubled and stock prices began to fall sharply in December 2019 before
the official announcement. The first two quarters of 2019, with government
reducing tax credit in half and ultimately disappear in next year the price merit of
Tesla is gone which expects large deficit in the follow quarter. From histogram of
daily stock volume trades skewed to the right explains mean is higher than the
median which represents less demand in Tesla’s stock.
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APPLYING ANALYTIC TECHNIQUES TO BUSINESS
Reference
Hawkins, A. J. (2016, November 21). Tesla completes its $2.6 billion acquisition of
SolarCity. Retrieved from
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solarcity-elon-musk
Seigel. (2009, July 3). Trading volume: What it reveals about the market. Retrieved
from -
the-market/20090703.htm
Tesla, Inc. (TSLA) Stock Price, Quote, History & News. (2019, September 19).
Retrieved from
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