I believe my professor called this variant price, but I am not certain. Is there a standard term?

  • I think you're going to need to add more detail to get an answer to this question.
    – user32479
    Apr 16 '16 at 15:30

It is known as the range or the price spread of the stock. You can read more about it here http://www.investopedia.com/terms/r/range.asp


Just guessing here… How about Daily Median price?

StockCharts provides a similar value they call VWAP. Which stands for Volume-Weighted Average Price. I believe it is a better 'average' for the day (click on link).

  • Hi Jack, I think that he had a dash, and did not mean for you to think that was a minus sign. I think what he wants is just called intraday range. Thoughts? Apr 16 '16 at 16:15
  • Interesting idea Joe. The high daily price minus the low daily price would yeald the median price for the day. But the high and the low prices taken as a pair would define the daily range. Still, I believe that the best way to correlate volume with the median price is by using the VWAP. @Brick, please do add detail to clarify. Apr 17 '16 at 9:44
  • @JoeTaxpayer: It is actually a minus sign I mean. I am finding a term that can express the value of (High Price - Low Price). Actually It is a max high price and min price among the intraday period. Apr 18 '16 at 1:41
  • To be clear, if a stock traded with low $80 and high $82, you want $2? Apr 18 '16 at 2:04
  • Insightful question Joe. A median would be (high_value - low_value) + low value. So high_value - low_value would be a range, not any kind of average. What benefit does a range provide? To make comparison to other securities I would think that you would want to divide the range by some kind of average. A security with a high of 82 and low of 80 would have a range of 2. Then we could divide the range by the median to get a 'range quotient' of approx. 2.47%. Apr 18 '16 at 6:13

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.