Cryptocurrency Q&A Is NAV the closing price?

Is NAV the closing price?

Carlo Carlo Mon Nov 04 2024 | 7 answers 1385
I'm trying to figure out if NAV represents the closing price. I've seen it used in different contexts and want to make sure I understand its meaning correctly in this case. Is NAV the closing price?

7 answers

Michele Michele Wed Nov 06 2024
The NAV provides insight into the true worth of a fund.

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Eleonora Eleonora Wed Nov 06 2024
The net asset value (NAV) of a fund represents a crucial metric in the financial world.

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Tommaso Tommaso Wed Nov 06 2024
It signifies the per-share value of a fund's underlying assets.

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Moonshadow Moonshadow Wed Nov 06 2024
This calculation is made at the close of the trading day.

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DondaejiDelightful DondaejiDelightful Tue Nov 05 2024
It differs from the market price of an exchange-traded fund (ETF).

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