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Re: Newbie question



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Does anyone know if the data from yahoo or downloadquotes.com is volume-
adjusted ?

Erwin J. Knoell


Jose Carlos Duarte Areia wrote:
> 
> Go to Metastock/Downloader help and you'll see:
> 
> "When a stock splits, the historical prices must be adjusted to reflect the
> split.  For example, if XYZ company has a 2 for 1 stock split, shareholders
> will receive two shares for each share that they own.  To keep the total
> market value of the stock equal, the price per share is reduced by one-half.
>   Therefore shareholders will have twice as many shares at half the price.
> Stock splits are usually done in order to increase the liquidity of the
> stock.
> 
> When price data is adjusted for a stock split, the volume is also affected.
> For example, in a 2 for 1 split where prices are cut in half, the volume is
> doubled so that the market value remains unchanged.
> 
> []s jc
> 
> >From: me <meta@xxxxxxxxxxxxxxxx>
> >Reply-To: metastock@xxxxxxxxxxxxx
> >To: metastock@xxxxxxxxxxxxx
> >Subject: RE: Newbie question
> >Date: Tue, 13 Mar 2001 00:22:57 +0800 (SGT)
> >
> >Thanx for all the replies.
> >
> >I've one more qn. not quite related to
> >metastock. Here it goes:
> >When a stock split, should the
> >volume also be doubled or tripled
> >based on the split ratio? If we dont
> >split the volume but just the
> >price, will that seriously affect
> >the TA results? I realized that some
> >free historical quote data from the web
> >doesnt split the volume but just the
> >price.
> >
> >Thanks!
> >
> >me
> 
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