Cryptocurrency Q&A
Is high or low NAV better?
Is high or low NAV better?
CryptoElite
Sun Dec 29 2024
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5 answers
804
I'm trying to understand the concept of NAV in investments. Specifically, I want to know whether a high NAV or a low NAV is considered better. What are the implications of each?
5 answers
Elena
Tue Dec 31 2024
This is a standard procedure in the financial industry.
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CosmicDreamWhisper
Tue Dec 31 2024
A fund's NAV reflects its performance on a specific day.
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Caterina
Tue Dec 31 2024
If the NAV is higher than the previous day, it signifies that the fund has made a profit.
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DigitalDynasty
Tue Dec 31 2024
The NAV of a fund is typically calculated after market hours.
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DigitalDragon
Tue Dec 31 2024
Conversely, a lower NAV indicates that the fund has incurred a loss.
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