Hello, all! I'm very new to stocks, but I have a major project at work that I need to finish soon, so any help from you all would be great!
I work for a very big company. I'm assigned to create a info-graphic every month detailing all the "external data" that may be useful to top management (country's macro-economic indicators, commodity prices, etc.) It has to be very succinct as well, so I can only include the major indicators and trends that would be very helpful.
My boss declared he wanted to include a line graph tracking our company's trade price of its stocks for the past 1 year. While I was able to get that specific graph from our country's stock exchange website, I still need to convert that graph into numbers, and then graph it again myself (with a specific color scheme, aesthetics, etc.) to include into the infographic.
I'm not sure if it's feasible to get 365 data points (there's no table of data points, I literally have to move my cursor on the graph to see the price for each day). Plus, I only have 12 more hours before I have to finish this project. (to be clear, my boss only gave this instruction literally an hour ago)
So my question is is it acceptable to only track the trade price every Friday for the past 1 year (52 data points), instead of every day for the past 1 year (365 data points)? I chose Friday, cause my stock broker friend suggested it, but I forgot to ask why. I read about 'the Monday effect' and the 'Weekend effect', but is there any logic as to why the Friday price should be tracked on the graph? Will I lose any valuable information regarding how well the company's performance is doing, if I don't include the other 6 days? (remember this will just be on a small illustrative graph, as compared to the whole big picture)
As you can tell, I'm very new to do this, and any input at all would be fantastic. Thanks so much.
Submitted September 24, 2016 at 06:36AM by dr_franck http://ift.tt/2dhXvte
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