DRW8:DEU Wrong Price?

General
1

Hi.

I noticed that Drägerwerk, A German stock in one of my systems displays €50.60 price in P123 but in reality on exchange it is €62.90.

I don't know if this is an outlier error or something. Also I don't know if this also distorts the calculated multiples etc. The chart progression looks fine but with wrong price range.

Does someone have experiences with such issues? Do I have to worry that such errors also distort my general backtests?

Kind regards, Tony

2

Hi Tony,

I see that google finance shows 50.80 for DRW8, but 62.10 EUR for its preference shares (DRW3). Could that be your observation?

If that is not it, and out of interest, what source did you use to see the price around 62.90 euro?

Best,

Victor

3

Ah, my bad. Thanks for the quick resolve