Cryptocurrency Q&A
How to interpret NAV?
How to interpret NAV?
CryptoWizardry
Tue Nov 05 2024
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7 answers
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I'm trying to understand the meaning and interpretation of NAV. Could someone explain it in simple terms, and possibly provide examples or contexts where it's commonly used?
7 answers
Leonardo
Thu Nov 07 2024
Initially, the total asset value of the fund is determined.
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EchoPulse
Thu Nov 07 2024
From this total, the liabilities associated with the fund are subtracted.
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Daniela
Thu Nov 07 2024
The resulting figure is then divided by the number of shares or fund units that are currently outstanding.
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OliviaTaylor
Thu Nov 07 2024
The market value per share signifies the worth of a single unit in a specific mutual fund.
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Elena
Thu Nov 07 2024
To find the price of each fund unit, an investor would follow a similar methodology.
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