SS Pro now includes adjusted prices in its full-fledged LIVE charting software!
Tue, Oct 2, 2018 11:19 AM on SS Pro,
SS Pro has introduced Adjusted Prices in all companies in its in-built charting software. Now, historical prices of all companies will be adjusted whenever their price is adjusted in NEPSE due to any bonus share, cash dividend or right share issue. Study of adjusted price instead of unadjusted price helps chartists analyze historical returns easily.
Examples:
The chart below is unadjusted price of Nabil Bank (NABIL) since 2011. At a simple glance, it might seem that investors who bought NABIL around mid-2012 are in loss today.
The following chart is the adjusted price of NABIL, which shows that the price of NABIL is in increasing trend and investors who bought NABIL around mid-2012 are very much in profit.
When are prices adjusted in NEPSE?
NEPSE adjusts prices of companies on the book closure date of any dividend or right issue. For example, prices of Janaki Finance (JFL) and Shine Resunga Development Bank (SHINE) were adjusted today in NEPSE as today was book closure for their 22% bonus share and 17.70% bonus share respectively. The adjusted prices of JFL and SHINE are already available LIVE in SS Pro.
Prices are also adjusted in case of cash dividends if the issued cash dividend is equal to or more than 10% of the last traded price of the stock.
How to see adjusted price in SS Pro?
Adjusted Prices are included in the charting software, and can be accessed from Charts Analysis section and Tearsheet in SS Pro. At the top, there are two buttons through which the users can toggle between Adjusted or Unadjusted Prices. If adjusted price is selected, the button turns green and vice-versa.
Save Chart Layout in SS Pro easily
Users can also save their charts, drawings and all analyses by clicking on the "Save Layout" button.
About SS Pro
SS Pro is ShareSansar's latest product for general investors of all shapes and sizes. It includes free built-in portfolio tracker, advanced fundamental and technical analysis tools, live charting software, Nepal's 1st Market Confidence Meter, 1st Investment Worth Calculator and many other features to help Nepali stock market investors make informed investment decisions.
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