Quizzes

Stock market basics quiz

16 questions · from 16 lessons

Questions on the first things every investor meets: how a share is bought and sold, what an index or ETF holds, and what dividends, splits and margin really change.

Test yourself

One question from each lesson in this topic. Pick an answer to see why, then open the lesson if you want to review it.

Question 1 of 16
In the order book drawn, a market buy order for 100 shares arrives. At about what price does it fill?
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Question 2 of 16
In the drawing, a hypothetical $100 US dividend is paid to an investor who has a valid W-8BEN and lives in a country without a US income tax treaty. How much arrives?
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Question 3 of 16
Each pie shows how a hypothetical portfolio is split. Which one is the most diversified?
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Question 4 of 16
A $5,000 account risks 1% per trade. In the drawing, which card is sized correctly for that risk?
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Question 5 of 16
In the drawing, your buy order for a NYSE-listed stock reaches your broker. Where can it be filled?
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Question 6 of 16
The drawing shows four hypothetical stocks. In an index weighted by share price, like the Dow, which stock carries the most weight?
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Question 7 of 16
In the drawing, the index is down 1% after two days. Why is the 2x fund down 4% rather than 2%?
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Question 8 of 16
The drawing shows the index fund priced once a day at 16:00. You send an order to buy a hypothetical index mutual fund at 11:00 New York time. What price do you get?
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Question 9 of 16
Each card shows a hypothetical company’s share price and shares outstanding. Which company has the largest market cap?
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Question 10 of 16
In the drawing, the ex-dividend date and the record date are both on Thursday. What is the last day you can buy the stock and still receive the dividend?
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Question 11 of 16
You own 100 shares at $80 before a 2-for-1 split. Which card shows your position right after the split?
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Question 12 of 16
Each panel shows a stock’s first trading day, from the open (hollow dot) to the close (solid dot); the IPO price is $20. You bought at the opening trade. In which panel are you at a loss at the close even though the stock closed above its IPO price?
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Question 13 of 16
Each panel shows an index falling from its peak (dot), with its deepest fall marked. Using the common ±20% convention, which index entered a bear market?
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Question 14 of 16
Each panel compares a sector (solid line) with the S&P 500 (dashed line) from the same start. Which panel shows a sector that fell but still had relative strength against the index?
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Question 15 of 16
Each bar is a margin account: your equity on top, the broker loan below. Your broker’s house maintenance requirement is 30%. Which account is below it and gets a margin call?
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Question 16 of 16
Three accounts each start with 1,000: A uses no leverage, B uses 5× and C uses 20×. After the −5% move shown, which account is wiped out?
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UpTickFlow is our product. These guides are education, not financial advice. Trading involves a substantial risk of loss.

Test yourself

In the order book drawn, a market buy order for 100 shares arrives. At about what price does it fill?

In the drawing, a hypothetical $100 US dividend is paid to an investor who has a valid W-8BEN and lives in a country without a US income tax treaty. How much arrives?

Each pie shows how a hypothetical portfolio is split. Which one is the most diversified?

A $5,000 account risks 1% per trade. In the drawing, which card is sized correctly for that risk?

In the drawing, your buy order for a NYSE-listed stock reaches your broker. Where can it be filled?

The drawing shows four hypothetical stocks. In an index weighted by share price, like the Dow, which stock carries the most weight?

In the drawing, the index is down 1% after two days. Why is the 2x fund down 4% rather than 2%?

The drawing shows the index fund priced once a day at 16:00. You send an order to buy a hypothetical index mutual fund at 11:00 New York time. What price do you get?

Each card shows a hypothetical company’s share price and shares outstanding. Which company has the largest market cap?

In the drawing, the ex-dividend date and the record date are both on Thursday. What is the last day you can buy the stock and still receive the dividend?

You own 100 shares at $80 before a 2-for-1 split. Which card shows your position right after the split?

Each panel shows a stock’s first trading day, from the open (hollow dot) to the close (solid dot); the IPO price is $20. You bought at the opening trade. In which panel are you at a loss at the close even though the stock closed above its IPO price?

Each panel shows an index falling from its peak (dot), with its deepest fall marked. Using the common ±20% convention, which index entered a bear market?

Each panel compares a sector (solid line) with the S&P 500 (dashed line) from the same start. Which panel shows a sector that fell but still had relative strength against the index?

Each bar is a margin account: your equity on top, the broker loan below. Your broker’s house maintenance requirement is 30%. Which account is below it and gets a margin call?

Three accounts each start with 1,000: A uses no leverage, B uses 5× and C uses 20×. After the −5% move shown, which account is wiped out?