Hi team,
I’m trying to setup an algo trading strategy. For that I need the historical closing prices “cleaned” or “adjusted” for corporate actions (e.g, bonus, splits etc).
I went through this thread: https://kite.trade/forum/discussion/3532/adjusted-close-vs-close
I want to confirm my understanding:
1. The historical values in the API response are already adjusted (I.e., stock going from 100 to 50 due to an action would be normalized) and I don’t have to make these adjustments manually
2. The adjustments are done at the end of every trading week - so if an action was taken on Wednesday, it would reflect in the API data on Sunday/Monday.
Is this correct? If not, how is Zerodha treating corporate actions currently?
