záróár

Záróár is a Hungarian term that translates to "closing price" in English. It refers to the price of a financial asset at the end of a trading day. This price is significant because it is used to calculate daily price changes and is often the benchmark for many financial analyses and trading strategies.

The closing price is determined by the last trade executed before the market officially closes for the day. If no trades occur in the final moments, the last traded price is typically used as the closing price. For many publicly traded securities, such as stocks and exchange-traded funds, the closing price is a key piece of data reported by financial news outlets and stock exchanges.

This price is important for various reasons. It provides a standardized point of reference for comparing the performance of an asset over different days. Investors and analysts use closing prices to track trends, calculate returns, and make informed decisions about buying or selling. It also plays a role in calculating market indices, which are often weighted by the closing prices of their constituent securities. Furthermore, the closing price is often used for settlement purposes in certain financial transactions.