Definitions
In plain terms
A stock split can create a large mechanical price change. Adjusted history can restate earlier values onto a comparable share basis.
Technical
An adjusted series must declare direction, factor source, factor version, event coverage, price basis, dividend treatment, volume treatment, and reproducible formula.
Scope
Adjusted does not have one universal meaning; price-return and total-return histories can differ.
Examples
- A governed dataset records adjusted price explicitly and preserves the source context needed to interpret it.
Common misconceptions
- Adjusted Price does not have one universal meaning or policy without its declared source, scope, and data contract.
Concept relationships
Contrasts with
Where this concept is used
- MentionedVolume BarsD01-F01-A03
- ImportantOHLC Consistency ValidatorD01-F02-A01
- ImportantBackward Split AdjustmentD02-F01-A01
- ImportantForward Split Adjustment: carry later observations onto an earlier share basisD02-F01-A02
- ImportantCash-Dividend Total-Return Adjustment: From Price Drop to Exact ReturnD02-F01-A03
- PrimaryCRSP Cumulative Price Adjustment: Respect the Vendor Basis, Sign, and GapsD02-F01-A04
- ImportantCRSP Cumulative Share/Volume AdjustmentD02-F01-A05
- ImportantSpin-Off Price Adjustment: Separate Parent Price from Distributed ValueD02-F02-A02
- ImportantSpecial-Dividend Adjustment: Preserve Return Meaning Across the Ex-DateD02-F02-A04
- ImportantReturn-of-Capital Adjustment: Keep Price, Return, and Tax Views SeparateD02-F02-A05
Evidence and governance
- Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract
Supports: preferred label, short definition, technical definition
Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.
- Reviewed by
- fintech-builder-owner-approved
- Last reviewed
- 2026-07-26
- Next review
- 2027-07-26
- Record status
- published