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Quantitative Finance · Glossary

What is Delisting return?

Definition 4.6 Research Craft: Predictors, Backtests, Measurement, Portfolios · Chapter 4 — Universe, Symbology and Corporate Actions

The delisting return of a security is the return from its last regular trading price to the value its holders actually received or could realise: the cash of a merger, the price of the shares on the market where they continued to trade, or what a bankruptcy left.

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