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"Smart" Historical Price Retrieval?

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Posted by Mike Jordana on September 25, 2005 at 00:43:04:

Hi Mark!

I was attempting a Historical Price Retrieval for stocks for which I had imported QIF transactions from MS Money 2003 for this one portfolio of mine. This portfolio was started on 11/13/2002, and there’s been a fair amount of buy and sell transactions between then and now. So I asked FM to do a historical retrieval from 11/13/2002 to 09//23/2005.

As FM set out to do this, and it was taking a goodly amount of time, I wondered: does FM know enough to not bother retrieving prices for stocks during the periods they were NOT in my portfolio? For example, between 11/13/2002 and 09/23/2005, I had an open long position in LQI (La Quinta Inns) in this portfolio for the brief period 3/21/2003 to 4/7/2003. That’s just 17 calendar days, in a total retrieval period of 1,045 days.

So when I tell FM to go get historical prices for LQI, is it intelligent enough to just retrieve prices for the 17-day span it was in the portfolio, and not the entire 1,045 days in the retrieval period?

-Mike.



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