What is the equivalent term for 'price per share' when reading cryptocurrency mutual fund quotations?
Lunde JohansenDec 25, 2021 · 3 years ago3 answers
When reading cryptocurrency mutual fund quotations, what is the term used to refer to the equivalent of 'price per share'?
3 answers
- Dec 25, 2021 · 3 years agoIn the context of cryptocurrency mutual fund quotations, the equivalent term for 'price per share' is usually referred to as the 'net asset value per share' (NAVPS). It represents the net value of the fund's assets divided by the total number of shares outstanding. This term is commonly used in the industry to indicate the price at which investors can buy or sell shares of the mutual fund.
- Dec 25, 2021 · 3 years agoWhen you're looking at cryptocurrency mutual fund quotations, the term you want to focus on is 'net asset value per share' (NAVPS). It's basically the price per share equivalent in the world of crypto mutual funds. It tells you the net value of the fund's assets per share. Keep an eye on this number if you're interested in buying or selling shares of the fund.
- Dec 25, 2021 · 3 years agoWhen it comes to cryptocurrency mutual fund quotations, the term you're looking for is 'net asset value per share' (NAVPS). This term is commonly used to represent the price per share equivalent in the context of crypto mutual funds. It's an important metric to consider when evaluating the value of the fund and making investment decisions. At BYDFi, we provide real-time NAVPS data for our cryptocurrency mutual funds to help investors stay informed.
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