The Limbo Stick Metric! How low did you go? This broadly quoted metric covers trading prices of a given stock (and yes, it's usually used for stocks, not so much for bonds) over the trailing 52 weeks, aka a single Earth year. The good indices that track include intraday highs and lows, so that closing prices might have been a bit higher than the absolute low price that the stock hit in the last year. And why does this matter? Because investors love to bemoan the price at which they could have gotten this $72.36 stock when it was trading at $48.96 29 weeks ago. But yeah...that's the way the limbo stick crumbles.
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