Investment Gain / Loss

Looking at my NYSE/NASDAQ positions and I cannot make sense of the Investment gain/loss amounts and ratios. E.g. my BRK.B holdingā€™s gain is +4.48% (Ā£213.52) and at the same time +2.90 ($171.10).

$171.10 = Ā£213.52? 2.90% = 4.48%
Even factoring in exchange rate and FX fee, it is hard to make sense of those figures.
Any ideas?

@Freetrade, please note I have contacted you with a similar question 6 days ago using the in-app chat service (ā€œContact usā€).

I now only look at the ā€œpoundsā€ gain and loss, cause at the end of the day it is that what you will earn or lose if you will sell some shares.
(Even for the U.S. one)

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It is because the exchange rate has also changed since you bought. Ā£1 then has a different $ value than Ā£1 now, hence the difference.

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OK, if the Ā£Ā£Ā£ and $$$ values are calculated differently, this should be explained somewhere in the app. The 2 values have the exact same name but they tell me a very different story, and only the Ā£Ā£Ā£ one reflects the current value of MY investment. Both views are useful, knowing what I am looking at.

It probably helps some people understand why their investment (in Ā£) is not exactly tracking the stockā€™s movements (in $).

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I think both original currency and Ā£ profit / loss are important. If you sell right now then it will get sold in original currency and converted to Ā£ at todayā€™s exchange rate. However, my understanding is that multi currency feature is being looked at, at that point the original p/L will become useful.

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Not sure where the contradiction is?

If you purchase in USD, you can see your profit in USD or in GBP.

They are different because exchange rate changes every dayā€¦and if it only showed you the GBP profit / loss you couldnā€™t accurately asses the performance of the stock itself.

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If you are still unsure @Simon3 ask and someone smarter than me will help you make sense of things.

Dont be put offā€¦we are all learning here together :slightly_smiling_face:

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It is due to the combined effect of share price fluctuation and exchange rate fluctuation. Freetrade confirmed, checked the figures and it is all clear now. Thanks for replying. :slight_smile:

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