Список проголосовавших за комментарий "Anton Shabunin, <br/> я пришёл к выводу, что полностью согласен с автором<br/> <br/> <a href="/r.php?u=https%3A%2F%2Fgetsatisfaction.com%2Ftradingview%2Ftopics%2Fadjusted_stock_prices_ordinary_course_regular_periodic_dividends&s=1452198865">getsatisfaction.com/tradingview/topics/adjusted_stock_prices_ordinary_course_regular_periodic_dividends</a><br/> <br/> мы не против adjustments для splits и stockdividends, но adjustments для регулярных дивидендов — лишнее в ценовом анализе. <br/> <br/> It makes sense for stock price charts to adopt the same adjustment criteria as are used to adjust the “conversion price” at which convertible debt or convertible preferred shares may be exchanged for common shares. The standard anti-dilution features are applied after an event to leave the security holder with the same economic value as he had before the event. <br/> <br/> The price is adjusted for <br/> — stock splits (e.g. 2 for 1) <br/> — stock consolidations (e.g. 1 for 2) <br/> — “extraordinary dividends”, not paid in the normal course (e.g. stock dividends, corporate spin-offs by way of stock dividend, “one-time” cash dividends). <br/> <br/> The price is not adjusted for regular, periodic, “ordinary-course” cash dividends. <br/> <br/> You would only want a chart that adjusts price for ordinary-course dividends if you want a graphic representation of the slope (and perhaps the standard deviation) of total return. Such a chart shows actual prices only since the last dividend. All other prices shown on such a chart are lower than the real prices at which the shares actually traded. A chart that adjusts prices for ordinary-course dividends is simply inaccurate if you want to identify new price highs, new price lows, support, resistance, trend lines, price volatility, or use any technical indicator that describes what happened to prices or money flow."