based on the closing

USAGE SUMMARY

The phrase "based on the closing" is correct and usable in written English.
It can be used when referring to conclusions, decisions, or analyses that are derived from the final part of a discussion, report, or event. Example: "The recommendations in this report are based on the closing remarks made during the meeting."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

53 human-written examples

It is not, in fact, her idea at all, but a one-off set by Ian MacNeil, based on the closing scenes of 2001: A Space Odyssey ('This,' Lowe says proudly, 'is the lengths we go to for a one-off.') The touring show, however, will be dominated by Hadid's jagged angles, looming curves and fractured planes - as anything would be that falls within gawping distance of them.

The Guardian

The extraction of frequent closed itemset is based on the closing of the Galois connection [25].

Vietnam Journal of Computer Science

Based on the closing share price on Friday, Fosun's stake is worth $28.14 million.

The New York Times

The amount that can be repurchased represents about 17.6 million shares, based on the closing price yesterday.

The New York Times

Based on the closing stock price on Tuesday, when the award was made, that grant was worth about $96.3 million.

The New York Times

Crédit Agricole's 5.6percentt Intesa stake is worth about 2.9 billion euros based on the closing price Thursday.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

7 human-written examples

Based on the closer proximity to the site of irradiation, one might expect the risk to be higher for peritoneal mesotheliomas.

Cancer Causes and Control

Based on the closest sequence similarity to avermipeptins from S. avermitilis and their characterized one lanthionine-one labionin modification, we predict the same Lan/Lab ratio in informatipeptin.

ACS Chemical Biology

A detuning factor for each loop is specified based on the closed-loop time constant.

Computers & Electrical Engineering

This need is based on the close relationship between language acquisition and use and the functions of other cognitive domains.

Revista de Logopedia, Foniatría y Audiología

The sensitivity of the investigated parameters was analysed based on the close correlation of numerical and experimental results.

Annals of Anatomy - Anatomischer Anzeiger

Expert writing Tips

Best practice

When using "based on the closing" in financial contexts, specify the date or time of the closing to ensure clarity and avoid ambiguity. For example, "based on the closing price on December 31, 2024".

Common error

Avoid confusing "closing", which refers to the end of a trading day or final part of something, with "closure", which implies finality or completion in a broader sense. Using them interchangeably can lead to misunderstanding.

Linguistic Context

The phrase "based on the closing" functions primarily as a prepositional phrase modifying a noun or clause. It indicates that a statement, calculation, or decision is derived from information available at the end of a specific period, such as the stock market's closing time. Ludwig AI confirms this usage.

Expression frequency: Very common

Frequent in

News & Media

67%

Science

17%

Formal & Business

16%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "based on the closing" is a frequently used prepositional phrase that signifies reliance on end-of-period data, particularly in financial and analytical contexts. Ludwig AI confirms that this phrase is grammatically correct. It's essential to use this phrase accurately, specifying the timeframe when possible, and avoiding confusion with similar terms like "closure". Given its prevalence in news, business, and science, mastering its usage is crucial for clear and effective communication in these fields.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

according to the final figures

This alternative emphasizes the reliance on numerical data from the end of a period or event.

judging by the final results

This alternative focuses on making a judgment based on the outcome at the end.

in light of the concluding remarks

This option highlights the importance of final statements or comments in shaping an understanding.

considering the end price

This option specifically refers to the last price, usually in finance or trading contexts.

given the final outcome

This emphasizes the role of the final result in influencing a decision or conclusion.

relying on the concluding data

This alternative stresses the dependence on the final dataset for analysis or decision-making.

taking into account the final numbers

This phrase highlights a calculation or assessment using final numerical values.

from the perspective of the final scene

This is related with a context associated with movies/theatre and the final scene, in which is a decision or conclusion.

as per the final status

It's formal way of stating that the subject is in the closing status.

drawing from the last segment

Focuses on taking conclusions from the last part of something, like a book or movie.

FAQs

How is "based on the closing price" used in financial analysis?

In financial analysis, "based on the closing price" is frequently used to calculate market capitalization, evaluate investment performance, or determine the value of stock options. It represents a snapshot of value at a specific point in time.

What are some alternatives to "based on the closing" in a formal report?

In a formal report, you could use more precise alternatives such as "according to the final figures", "in light of the concluding remarks", or "given the final outcome" to maintain a professional tone.

Is it correct to say "based off the closing" instead of "based on the closing"?

While "based off" is sometimes used informally, "based on" is the grammatically preferred and more widely accepted option in formal writing. Sticking to "based on" ensures clarity and avoids potential misinterpretations.

What does "judging by the final results" mean, and how is it similar to "based on the closing"?

"judging by the final results" implies making an assessment or forming an opinion using the final outcome or data. It's similar to "based on the closing" because both phrases indicate reliance on end-of-period information for evaluation.