I always thought “Raw” prices display the actual price one can see in charts, however, looking at raw vs adjusted prices during coarse Universe selection, it seems as if the adjusted price is more accurate? Take a look at the example in the backtest. During universe selection, I debug print the raw (stock.Price) and adjusted (stock.AdjustedPrice). The raw price is way off the actual closing value of ZSAN on 2022-04-11. The second debug print is a random price check at 09:30 2022-04-12. Should I use adjusted price in universe selection? If so, is it best to set DataNormalization to Raw in SetSecurityInitializer? I want the price to be the “actual” price you see in traditional charts. Getting the universe price right is important as I want to store yesterday's close.   

2022-04-12 00:00:00, TICKER: ZSAN, RAW: 0.1202, Adjusted: 4.207

2022-04-12 09:30:00, TICKER: ZSAN, Price: 3.66