To calculate the best performing stock in historical data, you can follow these steps:
- Obtain historical data: Gather the historical data of the stocks you wish to analyze. This data should include the stock's price at different points in time.
- Identify the time range: Determine the specific time range you want to analyze. It could be a few months, years, or any other duration based on your preference.
- Calculate the returns: Calculate the returns for each stock over the chosen time range. To do this, divide the ending price of the stock by the starting price, subtract 1, and multiply by 100 to get a percentage return. This will give you the return percentage for each stock in the chosen time range.
- Select the stock with the highest return: Compare the returns calculated in the previous step and select the stock with the highest return. This stock would be considered the best performing stock in the historical data for the chosen time range.
Note: It is important to consider that historical performance does not guarantee future results, and a thorough analysis should be conducted on other factors before making investment decisions.