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Adjusted Closing Prices

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  • Vic Norton

Abstract

Historical returns depend on historical closing prices and distributions. We describe how to compute adjusted closing prices from closing price/distribution data with an emphasis on spreadsheet implementation. Then the growth of a security from one date to another (1 + total return) is just the ratio of the corresponding adjusted closing prices.

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  • Vic Norton, 2011. "Adjusted Closing Prices," Papers 1105.2956, arXiv.org.
  • Handle: RePEc:arx:papers:1105.2956
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    File URL: http://arxiv.org/pdf/1105.2956
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