What is the adjustment price, and the difference between the adjustment and non adjustment?

The so-called reinstatement is to repair the stock price and trading volume, draw the stock price trend chart according to the actual rise and fall of the first grade, and adjust the trading volume to the same share capital caliber.

Many companies will give shares, pay dividends, or increase every year. However, when the company's stock price falls after the ex-rights and dividends, there will be a gap, which is not so accurate for us to calculate the price of the company and study its trend.

However, many software now have the function of calculating the **after the re-weighting**, which provides investors with convenient conditions to compare the stock price whether it is ** or **, as well as further research**.

Compounding refers to the repair of the transaction price of **, that is, the current ** of the ex-rights and ex-dividend operations are repaired, so that the graph is consistent and the continuity of the trend is ensured.

For example, the circulating order of a ** day before the ex-right is 50 million shares, ** is 10 yuan, the trading volume is 5 million shares, the turnover rate is 10%, the ex-right ** after 10 is 5 yuan, the circulating disk is 100 million shares, the ex-right day out of the filling right**, **Yu Yuan, **10%, the trading volume is 10 million shares, and the turnover rate is also 10% (with the same trading volume level compared with the previous trading day).

After the resumption, the stock price is 11 yuan, which is 10% higher than the previous day's 10 yuan**, and the trading volume is 5 million shares, so that the stock price chart truly reflects the rise and fall of the stock price, and the trading volume is also comparable before and after the ex-rights.

If you have a **1000 shares, 10 get 10 free when 2 yuan, you have 2000 shares. **That's $1. Later, it rose to 2 yuan, and the compound price was 4 yuan. （1000×4＝2000×2）。This is commonly referred to as the right to fill.

Generally, the technical analysis is more accurate after the reweighting.

Strictly speaking, it is similar to the discount or discount in the interest theory by converting the stock price since listing to the stock price under the current outstanding share capital at the time of listing or backward converting the stock price since listing to the stock price under the current outstanding share capital while keeping the tradable share capital unchanged.

Since 2005, many of the equity divisions have been under the condition that the total share capital remains unchanged, and the circulating shareholders obtain the shares of non-circulating shareholders, so that the total share capital remains unchanged, but the circulating share capital becomes larger, and the circulating shareholders also obtain rights and interests.

The pre-compounding refers to keeping the current ** price unchanged, reducing the previous **, and shifting the ** before the ex-rights downward to make the graph consistent, that is, on the ** diagram with the ** after the right as the benchmark, the market cost price before the ex-rights ** is calculated, and the calculation method is: after the re-weighting** = (before the re-weighting** - cash dividend) (1 + change ratio of outstanding shares).

Post-compounding refers to keeping the price unchanged before the ex-rights, and increasing the ** after the ex-rights, moving the ** after the ex-rights upwards to make the graphics consistent, that is, on the **chart, the ** before the ex-rights ** is used as the benchmark to calculate the market cost price after the ex-rights, and the calculation method is: after the re-weighting** = before the resumption** (1 + change in the proportion of outstanding shares) + cash dividends.

The most obvious difference between the two is that the current period of forward reassignment and display are exactly the same, while the current period of forward reassignment is mostly higher than that of display. The so-called reinstatement is to repair the stock price and trading volume, draw the stock price trend chart according to the actual rise and fall of the **, and adjust the trading volume to the same equity caliber. **After the ex-rights and ex-dividends, the stock price has changed, but the actual cost has not changed.

Compounding, literally is to restore equity, if a **10 distribution of 10 yuan, then the company's total market value will be reduced, then the stock price per share will be reduced by 1 yuan, also called ex-dividend; If a **10 to 10 shares, then although the total market value has not changed, the total number of shares has increased by 1 time, and the corresponding stock price per share has become half of the original, which is called ex-rights. There are 3 settings in the ** diagram: no reset, pre-reset, and post-reset.

These items are only related to high transfers, that is, they are only related to dividends per share and each transfer share. The specific calculation formula is as follows: 1) Pre-compounding** = (non-compounding** - dividend per share) (1 + each transfer share); 2) Post-compounding** = non-compounding*** (1 + each transfer share) + dividend per share.

The pre-weighting is based on the current data, calculated from the past, and added an operation for each high transfer. The post-adjustment is based on the initial data, and the calculation is calculated from now on, and each time it is transferred to a high level, an additional calculation is added.

Extended Information: Features:

1. The actual cost of pre-weighting has not changed.

Second, after the reinstatement of the previous **unchanged, the current ** increased.

Significance: 1. Pre-re-weighting Pre-re-weighting is based on the current price, and its significance is that you can see the cost distribution at a glance.

Second, the post-reinstatement post-reinstatement can clarify the cumulative increase of the stock since its listing.

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In the **market.

Medium, after the right of the ****.

It's historically true. And ** before the right to reinstate.

The trend of the non-compounding is calculated on the basis of the current price, so it cannot reflect the historical truth.

Extended Materials

Ex-rights means that when a listed company pays dividends and pays dividends and converts shares to increase share capital, it needs to deduct the distributed dividends or increased rights and interests from the current stock price, which is called ex-rights and dividends.

For example, if the stock price is 10 yuan, the company will pay a cash dividend of two yuan for every ten shares, and two cents per share, then after the ex-dividend, the stock price will become nine yuan eight. If the distribution method of giving 10 shares for every 10 shares is adopted, the stock price will change from 10 yuan to 5 yuan after the ex-rights.

There is no change in all aspects of equity after the ex-rights, but the ** value and net assets.

That's what happened.

Sometimes when we do ** analysis is after ** ex-rights, we first restore it to before the ex-rights, which is called re-entitlement.

Adjustment includes pre-reinstatement and post-reinstatement

The so-called pre-reinstatement is to take the trend before the ex-rights as the benchmark after the ex-rights, so that the gap in the ex-rights will be restored to the docking, so that the trend will maintain continuity.

Post-reinstatement is to restore the gap after the ex-rights to the first trend after the ex-rights, and to restore the gap before the ex-rights, so that the ** trend remains continuous and regretful.

Not reinstating the rights means that after the rights are removed, the huge gaps on the stock price chart are not manually filled, and the fault is allowed to exist.

If you choose to re-exercise before the right, use the trend before the ex-right to dock with the ** after the ex-right. In this way, it is necessary to compress the ** before the ex-rights according to the corresponding proportion.

If you choose the post-compounding data, you should use the trend after the ex-rights to connect with the ** before the ex-rights, and the post-re-weighting data can better reflect the normal growth of the stock price.

The pre-weighting can realize the continuity of technical indicators, the post-weighting can realize the continuity of the stock price trend, and the non-weighting can intuitively show whether the stock price is filled in or discounted after the ex-rights and dividends.

If combined with chip distribution.

When analyzing, you should look at the data analysis of the ex-rights.

It is more intuitive, because the holding cost before the ex-rights and the holding cost after the ex-rights are not the same. Therefore, it should not be reinstated and analyzed by mixing the chips before and after the ex-rights.

Before the reinstatement, the trend before the ex-rights is based on the ** after the ex-rights, so that the gap in the ex-rights will be restored to the docking, so that the trend will maintain continuity.

After the resumption, it is to take the ** trend after the ex-rights, take the ** before the ex-rights as the benchmark, and restore the ** gap of the ex-rights, so that the ** trend maintains continuity.

In fact, both the pre-compounding and post-compounding rights are to maintain the smoothness of the graph and facilitate the use of investors, the difference is that they use different ** as a benchmark. Everyone's usage habits are different, and it will not affect the analysis of **, of course, there are people who are used to using ** diagrams that do not reinstate.

The main performance of the pre-reinstatement and post-reinstatement is in the graph, as long as it can make investors feel convenient in the analysis, which reinstatement method can be used.

Compounding refers to the repair of the large gap in the stock price due to the ex-rights, and it does not affect the original trend trend, so as to facilitate investment analysis. Non-reinstatement means that no operation is carried out, and the gap caused by the ex-right is left and analyzed according to this trend. The biggest difference between reinstatement and non-reinstatement is that reinstatement takes into account the impact of dividends, while non-reinstatement does not consider the impact of dividends.

Tips: The above explanation is for reference only, there are risks in entering the market, and investment needs to be cautious. Before making any investment, you should ensure that you fully understand the nature of the relevant investment and the risks involved, and carefully evaluate it in detail before making your own judgment on whether to participate.

Adjustment is to repair the stock price and trading volume, draw the stock price trend chart according to the actual rise and fall of the **, and adjust the trading volume to the same equity caliber; The non-compounding is not to connect the previous ex-rights and ex-dividends with the trading volume, and the current ** is relatively independent and not linked to the previous **. The main difference is that the reinstatement takes into account the impact of ** dividends, and the non-reinstatement is not considered.

The main difference between reinstatement and non-reinstatement is that reinstatement takes into account the impact of ** dividends, and non-reinstatement is not considered.

For example, if the stock price is not reset, the stock price will be ex-entitled, so that the non-reinstated stock price will be lower than the restructured stock price. However, only the ** diagram of the right can tell the actual return of the investor **. Adjustment is further divided into pre-adjustment and post-adjustment.

Pre-re-weighting: Based on the ** point on the first day after the ex-rights, the data before the ex-rights are re-weighted. Post-Restoration:

Based on the ** point on the last day before the ex-rights, the data after the ex-rights will be re-weighted.

Hello, I am the lawyer of the platform cooperation, I have received your question, I will reply to you later.

1.The former re-weighting is based on the current ** to pull down the previous ex-rights gap; The post-reinstatement is based on the listing date**, and the subsequent ex-rights gap is raised upward. 2.

The difference between pre-reinstatement and post-reinstatement is that the current period of forward reinstatement is exactly the same as that of display; And the backward weighting is mostly lower than the display.

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What is the difference between reinstatement and non-reinstatement?

What is the difference between post-reinstatement and non-reinstatement?