Portfolio valuation

Me?
I haven’t said dishonest.
I am saying valuations should be based on the price i can sell at. As other brokers do. And for the last 2 weeks that has been very close to 69p. While says can sell at that price which i definitely can’t.
The shares are not available sell at 71p as @Zergui states.

1 Like

Personally I agree with this.
I do get why people would prefer have the Bid instead of the LTP, as it represent ā€œthe price they could getā€, but to me it doesn’t strike as accurate as the last price the asset was actually exchanged at.

But on the matter of prefering one or the other, it really is a question of preferences, I have yet to see any compelling arguments about any of those.

… that’s really not what I’ve said, at all. Not even remotely. But it has been pretty obvious you haven’t understand any of it :upside_down_face:
Sorry that I’ve tried answering your question!

Edit: this question, for posterity, in case you try and edit this post as well. :upside_down_face:
Screenshot_20230228_000155_com.android.chrome

The last traded price is always above 71p which you have said is the available selling price as somebody MUST have bought at that price.

Yes, the one who sent a market buy order.

This is getting silly.

And sold at that price, why is that selling price never available on trading 212. According to you it must be

You have an investment fund that prices using a single price - fairly common in Europe. They invest in highly liquid securities, so the bid/ask represent a good view of the price you would receive/pay to trade the underlying portfolio.

Why would you use the last trade price to value the fund to know what to charge people to buy or sell shares in your fund?

Why is a personal portfolio different?

The last trade price is not a good indicator for a security performance over time - particularly if it is fairly illiquid and has a large spread.

The last traded price of a security on any given day may be closer to the bid or offer price depending on the particular trade reported and hence will fluctuate. These fluctuations do not necessarily correlate with the change in value of a listed security, hence provide a less consistent representation of its movement in the market.

2 Likes

It’s funny you should mention that. The number one investment vehicle in the world by AUM are mutual fonds, which are marked to market daily… on the LTP. Oh well.

But it’s a fair argument.

I wasn’t aware we were talking about oeic.
Nowt like changing the subject to avoid admitting your wrong.

I fixed it and some more characters.

I was wrong talking with you in the first place :upside_down_face:
Keep at it, you’ll do great!

1 Like

Well free not to continue talking to me. I can assure you I won’t be devastated.

1 Like

I’ve already explained, here and in private, multiple times, how the pricing works, from the order from a client to the final transaction recorded.
I’ve done so in plain English, with illustrated example, with link resources to actual price histories.

I am not answering because there is nothing more I can possibly add to this conversation that I haven’t already said twice or more, and dragging it any further would just be polluting this space.

If you feel like something was still unanswered, please have a new read at my posts, or even those from other members. I assure you your questions have all been answered already.