Here is a breakdown of some of the portfolio metrics and calculations you can now find on our newest release.
Total cost paid for open lots of this asset. Pending sales and purchases may not be reflected until settlement. Cost basis details for both open and closed lots can be found in the cost basis section.
An unrealized gain or loss is the increase or decrease in the value of an investment that hasn't yet been sold. It's "unrealized" because the gain or loss only becomes real, for tax purposes, when the investment is sold.
Average cost basis
Calculated as the total cost divided by the current quantity of shares. This is the average cost basis on record for open lots, adjusted for sales, wash sales, and corporate actions. Pending sales and purchases may not be fully reflected until settlement.
Average price paid
Calculated as the weighted average amount paid over time for shares of the security. This value is not adjusted for sales and should not be relied on for tax purposes.
Realized gain/loss (YTD)
Realized gain or loss is the profit or loss made when an investment is sold. It's "realized" because the gain or loss becomes actual and is therefore potentially subject to tax. Pending sales and purchases may not be fully reflected until settlement.
Cost basis is the original value of an asset at the time it was acquired. An unrealized gain or loss is the increase or decrease in the value of an investment that hasn't been sold yet. Realized gain or loss is the profit or loss made when an investment is sold. It's "realized" because the gain or loss becomes actual and is therefore potentially subject to tax. Understanding the cost basis for your investments is important for tax purposes.
Portfolio Chart Terms:
Chart displays total account value in dollars over time. The percentage return shown is the 'simple return', calculated as the total net gain divided by net contributions. This weights all cash flows to the beginning of your accounts' life and therefore may not be an appropriate way of evaluating your performance.
Chart displays the time-weighted percentage return (TWR) of your account over time. Is often considered the best way to evaluate performance because it eliminates the effect of cash flows. TWR can also be used to compare performance against benchmarks.
Public Holdings Inc. and its affiliates do not provide legal, tax, or accounting advice. Clients should consult their legal and/or tax advisor before making any financial decisions. The data provided in this report is preliminary and for informational purposes only; when filing your taxes, please rely on your Consolidated 1099 from Public.