Market Value calculation

AFL Programming
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1

Hi all,

The system calculates the volumetric average entry price when scaling in (as expected).
In this example this is $84.39642. So far so good.
However, when the Market Value is calculated I was expecting this number x qty of shares to be used. i.e. $84.39642 x 3456.015 = $38,486.033. Instead, I have $40,319.88.

Please see attached screenshot.

image
image1328×108 29.2 KB

Can someone please clarify where my mistake is?

Thanks,
Arpad

2

Which is the Market Value for your total holding of 456.015 shares.

3

456.015 shares @ $84.39 = $38,485

4

3456.015 = 456.015, apologies for the typo

5

Market value uses the current price, not your entry price.

6

OK, I cannot change the original post where I make a mistake but the issue is the same.

Allow me to clarify the issue:

In a scale in scenario I have:

  • a volumetric average entry price of $84.39642,
  • current quantity of 456.015 and
  • current price of $80.375.
    Based on this I am expecting a current market value of 456.015 x $80.375 = $36,652.2056 not $40,319.88.

This also throws out my Equity value.
Please have a look at the screenshot and test it with your calculator.

Kind regards,
Arpad

7

Your assumption of the current price is incorrect...

8

Open positions value at the end of the bar are calculated using given bar CLOSE price, not entry price, or average entry price.

9

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