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Re: Gain Graph Bug

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Posted by Gary on April 15, 1999 at 11:40:17:

In Reply to: Re: Gain Graph Bug posted by Mark on April 15, 1999 at 08:56:09:

: : An investment gain graph shows incorrect gain value.
: : I brought 1000 shares of XYZ stock on 4/7 at $16.25.
: : XYZ is a new investment for me so the price data
: : also starts on 4/7. XYZ closed at 16 on 4/7. XYZ
: : closed at 15 on 4/14. So the graph should display
: : a gain of -$1250, but it displays -$1000. The program
: : is using the closing price of XYZ on 4/7 to calculate
: : the gain, which is wrong. It should use the actual
: : transaction price of 16.25. Now the reports I generate
: : gives the correct value. The XYZ.dat file did start
: : life as a FM3.4 file, and was converted to FM4.0 along
: : with all my other *.dat files.

: : Gary

: Hi Gary,
: I don't think this is a bug. I assume your
: graph date range starts at 4/7? The gain graph
: plots the difference between the closing
: value and the closing cost, so it is not including
: the gains/losses from any purchases on the start
: of the graph date. If you want it to work
: this way, start the graph date one day earlier.
: This is how reports work, there starting points are from the close of the prior day.

Hi...Mark,

Yes the graph date starts at 4/7. When I generate
a "Portfolio Performance" report with a date range
of 4/7 - 4/14 it shows a gain of -$1250. As explained
in my original posting the "Gain" graph for the date
range of 4/7 - 4/14 shows a gain of -$1000. So the
report includes transactions on 4/7 while the graph
does not.

As a user when I specify a date range I automatically
assume the date range is INCLUSIVE. I believe most
of the people of the world thinks this way. If I
want to check my gains for the month of May I should
not have to set the date range to 4/30.

I know the program is working as written, so as the
software developer you don't think it is a bug. As
a user the program is giving me misleading info so I
consider it a bug.

Gary



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