News for hackers. Stuff that matters.
Re:Created a free website that simplifies stock analysis by stocknear on Sunday December 10, 2023 @11:40AM (#38592772)
I'm not sure myself if this feature exist somewhere for free. However, it sounds very straightforward.

I will add the feature to my website. Should be online by tomorrow!

Re:Created a free website that simplifies stock analysis by ak39 on Sunday December 10, 2023 @11:54AM (#38592895)
Valuations are straightforward in a world without corporate actions like splits, consols, dividends etc.

Most (all?) data providers rerate historical prices after corporate actions that affect prices and this is not really the correct way to do continuous valuations using the restated prices.

Re:Created a free website that simplifies stock analysis by stocknear on Sunday December 10, 2023 @12:35PM (#38593212)
True,

I forgot about the splits. But i still believe building a first version where the split is included is a good start for this feature.

Later on we can add more advance features where we can turn on/off the split

Re:Created a free website that simplifies stock analysis by jzombie on Sunday December 10, 2023 @12:00PM (#38592952)
Some of them allow you to view adjusted vs. current pricing. Some of them also leave it up to the user to figure out if it's adjusted, so it does take some homework to figure out at times.
Re:Created a free website that simplifies stock analysis by ak39 on Sunday December 10, 2023 @04:45PM (#38595359)
Indeed. It's by no means "straightforward"
Re:Created a free website that simplifies stock analysis by creer on Sunday December 10, 2023 @01:45PM (#38593760)
For what purpose do you want to ignore splits?
Re:Created a free website that simplifies stock analysis by ak39 on Sunday December 10, 2023 @04:45PM (#38595353)
I didn't say we should ignore splits. To reiterate: most third-party data providers include splits by restating historical prices. This only works if you want to analyse performance at individual stock level by ignoring holdings. But if you want to do performance analysis for your own portfolio of stocks, relying on restated prices is incorrect.

Eg. If you bought say 10 stocks at the old price, you cannot take the restated historical price with your 10 stocks and you cannot take the units held of 10 stocks with the new prices. You have to account for this via transactions to increase your holdings (for splits) by leaving the prices historically the same.