On Friday 31Mar2017, HPE closed at $23.70. On Monday 03Apr, it opened at $18.00 - a drop of more then 20% - due to a corporate action.
Per the announcement: With the close of the transaction, HPE stockholders received approximately 0.086 shares of common stock in the new company [DXC Technology Co COM] for each share of HPE common stock that they held since the applicable record date [March 20, 2017].
The attached backtest doesnt seem to handle this correctly. After the Corporate Action, I dont see any shares of DXC in my portfolio.
Is the backtester designed to model spin-off's like this one?