Cryptocurrency Q&A
What is NAV used for?
What is NAV used for?
JejuJoyfulHeartSoulMate
Fri Nov 15 2024
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5 answers
1016
I'm curious about the purpose of NAV. I want to understand what it's used for and its specific applications.
5 answers
CryptoLodestar
Sun Nov 17 2024
Net asset value (NAV) represents the fundamental value of a fund.
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Davide
Sun Nov 17 2024
It is calculated by subtracting the value of a fund's liabilities from the value of its assets.
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Pietro
Sat Nov 16 2024
This metric is frequently utilized in the context of mutual funds.
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ZenHarmony
Sat Nov 16 2024
Investors often rely on NAV to ascertain the worth of the assets being held by the fund.
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Eleonora
Sat Nov 16 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.
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