Steve,

The share price is adjusted for splits and stock dividends.  For example 
a 2 for 1 stock split means all historical share prices prices prior to 
the split are divided by 2. 

An historical record of the divisor used to adjust the stock prices of  
each stock is kept in the SMaster.qpf Access database file.  As reported 
by Gary a while back the data in this file can be viewed with  
Microsoft's Access program.  Hence if you own a copy of Access you can 
use the divisor data to verify historical share price data has been 
corrected for splits and dividends.

Howard

xxnospamxx wrote:
>
> Could someone describe how the quotes plus historical data is adjusted
> for splits and dividends?
>
> One of my system rules is to exclude stocks with low liquidity. I want
> to be sure the rules will work correctly on adjusted historical data.
>
> Thanks,
> Steve
>
>  

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