By Leanna Kelly When calculating the return on investment of a security, you’ll review the appreciation of that stock over a certain period. As you do, you’ll need to know whether you’re looking at closing prices or adjusted closing prices. What is an adjusted closing price? It’s one that accounts for any corporate action that might’ve affected share price outside of market sentiment. Looking at closing prices vs. adjusted closing prices can significantly change the measure of your ROI!
Here’s what you need to know about adjusted closing price, what it includes, and how it impacts your ROI calculations. Keep in mind that not …read more
