Methodology — where the data comes from and how it is kept honest
NEPSE Quant is only as good as the data behind it. This page states, plainly, where the numbers come from, how often they refresh, and the rules we hold to when data is missing or a tax rate is not yet law.
Data sources
Compiled from public exchange disclosures. Prices come from the Nepal Stock Exchange and are corporate-action adjusted so that bonus issues, rights and splits do not create false gaps in a chart. Fundamentals are drawn from companies' published financial statements. Corporate actions — cash dividends, bonus shares, rights issues and book-close dates — come from public company announcements, and the original announcement dates are preserved so you can see when the market was told, not just when a book closed. Coverage runs to 461 listed symbols, with daily prices back to 2015 and roughly twenty years of corporate-action records.
Update cadence
Market data is captured end-of-day, after the market closes — around 18:30 Kathmandu time. The public pages you are reading (per-stock pages, dividend histories, the features and tax pages) are regenerated nightly from that same database, so a page's numbers are never older than the day before. Every page that shows database figures carries a DATA AS OF stamp in the footer — read it before you trust a number.
Honesty rules
- Missing data shows as missing. When a field has no public value, the page omits it — it is never interpolated, guessed, or carried forward from an old figure.
- Backtests are net of the full transaction-cost stack. Broker commission, SEBON fee, NEPSE fee, DP charges, name-transfer and realistic slippage are all deducted. A strategy that trails the index is reported as trailing it.
- Enacted versus proposed tax rates are always labelled. A rate that is proposed in a finance bill but not yet law is marked proposed, not shown as if it were settled fact.
What we don't publish
NEPSE Quant publishes no buy or sell recommendations, no price targets, and no ranked stock lists on any public page — that is SEBON-licensed activity, and it is not what this tool is. Public pages carry facts: prices, changes, fundamentals, dividends and sectors. The engine output — screens, backtests and analytics you run yourself — stays behind login, where it is a research tool for your own decisions, not a recommendation.