During the past month i have noticed a small detail about individual stocks ‘Investment Gain/Loss’ in the app.
I average down into stocks on a regular basis and never normally sell. However with the recent volatility i trimmed a couple of positions to lock in some gains made during March.
The problem occurs when you sell stocks the app seems to sell from oldest held stock first then subtracts that price from your “Avg. price per share”
In my averaging down method my older stocks usually have a higher price per share therefore when i sell and effectively get rid of the older higher price shares it means my avg price per share decreases even if the price i sell at is lower than the original price I bought at.
This is very deceiving giving you a better average in app
Avg Price per Share £65.7362
Now i went to the trouble of calculating out my average price in my portfolio analysis google sheet using transaction history in Google sheets.
Average Price £67.09
Even with dividends included this is still deceiving to overall Profit/Loss calculations.
I would welcome any feedback or debate as to wether im taking this too seriously or have made any errors. I just hope this will help to improve the analytics overall in the app.