I was very pleased with the outpouring of ideas and information when I ran the SlopeCharts Survey yesterday. Thank you, everyone! There were some specific ideas and remarks I wanted to address here (I’m going to leave them in their raw unformatted state):
My major concern is I will do a chart on Bloomberg charts and a chart in SlopeCharts on the same security and sometimes they have completely different charts…usually the visual is pretty close, but I will look at the HP function on Bloomberg for historical pricing, and the numbers don’t match SlopeCharts…
I get this question all the time. The explanation is simple: our data is adjusted for dividends. Most other charts are not. I feel strongly that dividend-adjusted data is superior. NOT adjusting for dividends is the same as not adjusting for stock splits. It’s insane. I am stunned that anyone doesn’t do it. So, yes, the numbers are different, because the competition has inferior information. (more…)