# Market Value calculation

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.

Can someone please clarify where my mistake is?

Thanks,

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

456.015 shares @ \$84.39 = \$38,485

3456.015 = 456.015, apologies for the typo

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

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,