How does adjusted close differ from close when it comes to digital currencies?

3 answers

• Dec 17, 2021 · 3 years ago
  The adjusted close price of a digital currency takes into account factors such as stock splits, dividends, and other corporate actions that may affect the price. It is a more accurate representation of the true value of the currency, as it adjusts for these factors. On the other hand, the close price simply reflects the final trading price of the currency at the end of the trading day. So, the adjusted close price can be considered a more reliable indicator of the currency's performance.
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• Dec 17, 2021 · 3 years ago
  When it comes to digital currencies, the adjusted close price is calculated by adjusting the closing price for any corporate actions that may have occurred. This ensures that the price reflects the true value of the currency, without any distortions caused by stock splits or dividends. The close price, on the other hand, is simply the final trading price of the currency at the end of the day. So, the adjusted close price provides a more accurate picture of the currency's performance.
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• Dec 17, 2021 · 3 years ago
  In the world of digital currencies, the adjusted close price is like getting the currency's price after taking into account any changes or adjustments that may have occurred during the trading day. This includes factors such as stock splits or dividends. On the other hand, the close price is simply the price at which the currency traded at the end of the day. So, the adjusted close price gives a more accurate representation of the currency's performance, as it factors in any changes that may have occurred throughout the day.
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