Quicken Bug with Stock Splits
Hi - I have had stocks split before in Quicken but never had this issue before. With the NVDA 10:1 stock split, the shares are correct. But the Gain/Loss for 1 month/3 month/12 month is incorrect.
The normal calculation for a gain/loss is (current price/old price) - 1. For a 10:1 split, it should be (current price/(old price/10)) - 1. However what appears to be happening is (current price/(old price/100)) - 1. Or basically Quicken is multiplying the stock split amount by 10, assuming it's a 100 to 1 split in this case.
The current price is 127.24, and the one month ago price is 953.86. I'm showing a one month gain of 1233.95% which fits the formula exactly.
If I change the 10 for 1 split to 2 for 1, Quicken takes the 953.85 and divides it by 20 (10x the correct split amount) and I get a gain of 166.789%, assuming it's a 20:1 split instead of 2:1.
Please fix this obvious bug which any kind of proper QA testing should have caught within 5 minutes.